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Statoil completed feasibility study on Skrugard and Havis in Barents Sea

Statoil prepares High North oil exploration in Norway  In February 2013, Statoil and its partners, Eni from Italy and Petoro from Norway, presented the conclusions of their feasibility study for the development of the Skrugard and Havis offshore oil fields in the Norwegian territorial waters of the Barents Sea.  The selected concept depends of course […]

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Europe opens back doors to shale gas exploration – production

From UK to Turkey all Europe is working on shale gas In December 2012, UK made the most noticeable step in Europe when ending the moratorium on fracking process after the Blackpool tremors in 2011. At that time not only UK lifted the fraking ban but also unveiled tax breaks and advertised to become the […]

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Rosneft goes global

Rosneft’s Neftegaz signed farm-in agreement with ExxonMobil in Gulf of Mexico deepwater The first week of March gave the opportunity to Rosneft to unveil its objective to go global in multiplying strategic partnerships with leading companies such as ExxonMobil. On March 6th 2013, Rosneft‘s subsidiary Neftegaz America Shelf LP (Nefetgaz) signed with ExxonMobil a Farm-in Agreement […]

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Iraq details crude oil pipeline project to Jordan Red Sea

SNC Lavalin won FEED contract for phase-1 to Aqaba On December 2012, the Iraq Ministry of Oil (MoO) presented in London, UK, Road Show, its Strategic Crude Oil Export Pipeline Infrastructure Project across Jordan, Syria and Turkey. During this London Road Show, the Ministry of Oil also detailed the phase-1 of the Strategic Crude Oil […]

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Eni and Anadarko in parallel talks for partnership in Mozambique

Eni ready to sell 20% stake in Rovuma to CNPC Although Eni from Italy and Anadarko Petroleum  (Anadarko) from US had decided to team up in the onshore part of Mozambique liquefied natural gas (LNG) project, the both companies are searching for separated partnerships to develop the super-giant natural gas fields of the Rovuma basin. The size and complexity […]

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Petronas to invest $61 billion in Malaysia on next five years

Petronas to decide soon on Bintulu LNG Expansion As part of Malaysia oil and gas and petrochemical strategic development program, the national oil company Petronas is to about to decided on the ninth liquefied natural gas (LNG) train project in its Bintulu LNG facility in the Sarawak Province, Malaysia. On January 4th 2013, Petronas announced in […]

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