‘There Is Hardly Any Gas’: LNG Price Rally Exacerbates Supply in Asia
Surging spot prices for LNG are exacerbating a gas supply crunch in key fast-growing emerging markets in Asia just as a cold spell in other parts of the region boosts demand for the fuel.
Best of This Week’s Drilling Activity Highlights (Dec. 11, 2020)
Wolfcamp A discovery by Chevron in Culberson County, Texas, plus high-volume Mississippi Canyon, Niobrara and Marcellus completions top this week’s drilling activity highlights from around the world.
Woodside Says CEO Coleman Plans to Retire in 2021 amid Push on $11 Billion Gas Project
Coleman, who took the helm at Woodside in May 2011 and saw the company through two oil price crashes, said it is the right time for a leadership change.
Jadestone Energy Vows to Be ‘Last Man Standing’ in Oil and Gas Production
Independent oil and gas producer Jadestone Energy sees an opportunity to expand as majors pivot to renewables.
Exxon Mobil Scraps Potential Multibillion-dollar Asset Sale in Australia
The decision by U.S. oil major Exxon Mobil comes just six weeks after the deadline for indicative bids for the portfolio set by adviser JPMorgan.
APA to Build Natural Gas Pipeline in Western Australia
Project will allow Strike Energy to bolster its share of the region’s gas market.
Expro Bags Chevron Contract for Riserless Well Intervention System
The five-year contract is for the supply of light well intervention vessel services for the Chevron-operated Gorgon facility.
Australia-China Row Halts Woodside LNG Asset Sale
Woodside Petroleum had been in talks with China's national oil firms, including PetroChina, and second-tier firms to sell a modest stake in the linked Scarborough gas field and Pluto LNG Train 2 project.
E&P Plus: October 2020 International Drilling Activity Highlights
Check out the latest oil and gas drilling activity highlights from around the world featured in the October issue of E&P Plus including Apache’s recent discovery offshore Suriname plus additional reservoirs in Guyana’s Stabroek Block.
CGG’s Releases 3D Seismic Survey Results from Australia’s Gippsland Basin
CGG has unveiled a fourth-quarter delivery of the fast-track results from its recently acquired 3D multiclient seismic survey of the Gippsland Basin in South East Australia on Sept. 22.