Archive for 'Oil and gas'

Noble Energy has received approval from Israel

Industry sources state that Lukoil is set to buy stake in Zohr Italian energy group Eni is planning to sell a 20 per cent stake in the Zohr gas field development in Egypt to Russian oil and gas producer Lukoil, according to reports in the Italian press. Eni discovered the supergiant offshore gas field in August 2015 and recently ran its first successful production test at the asset, which is the largest gas discovery ever made in the Mediterranean. ...

Iran says it expects to finalize talks with the French energy giant Total over the development of a major petrochemical project in the near future. Amir-Hossein Fallah, the director for investment affairs of the National Petrochemical Company (NPC), has been quoted by the media as saying that a top-level delegation from Total will visit Tehran in late April to finalize the text of a deal over the project to construct a petrochemical plant in the country. Total and ...

Chevron has started producing LNG and condensate at the Gorgon Project on Barrow Island offshore Western Australia. The first LNG cargo is expected to be shipped next week. The Gorgon Project is supplied from the Gorgon and Jansz-Io gas fields, located within the Greater Gorgon area, between 80 mi (130 km) and 136 mi (220 km) off the northwest coast of Western Australia. It includes a 15.6 million ton per annum LNG plant on Barrow Island, a carbon dioxide ...

Total has started production from the Vega Pleyade gas and condensate field in the Tierra del Fuego region offshore southern Argentina. The facilities, designed to produce 70,000 boe/d, comprise a wellhead platform in 50 m (164 ft) water depth, tied back via a 77-km (48-mi) offshore pipeline to the Total-operated Rio Cullen and Ca

Russia

Turpan-Hami basin in China

State oil giant Saudi Aramco confirmed on Friday that it has been studying various options to list in capital markets. The firm said in a statement that the options included the listing « of an appropriate percentage of the company’s shares and/or the listing of a bundle of its downstream subsidiaries ». Deputy Crown Prince Mohammed bin Salman told The Economist magazine in a transcript of an interview released on Thursday that the Saudi government was considering whether to sell ...