TurkStream Pipelay Job for Allseas

Swiss-based pipelay shipowner Allseas Group said December 8 it had been awarded a contract to lay the first line of the TurkStream offshore gas pipeline in the Black Sea, with an option for laying the second line too.


READ MORE

Hunt, OMV Trial Romanian Gas Production

Pilot production at Padina North onshore Romania has begun, said OMV Petrom December 8; the field is operated by US independent Hunt Oil.  OMV Petrom said the field is currently producing gas and condensate at a rate of 1,900 barrels of oil equivalent/day from a single well, Padina North 1, which ranks as among the top wells in its portfolio.


READ MORE

Lakes Oil Sues Victoria Over Ban

Victoria, Australia focused natural gas player Lakes Oil has challenged the state government's decision to ban onshore exploration in the Supreme Court of Victoria and sought damages to the tune of A$2.


READ MORE

Chevron To Trim Capex for 4th Year

Chevron late December 7 announced a 2017 capital and exploratory spending programme of $19.8bn, which it expects to be at least 15% lower than its 2016 expenditure and 42% less than its 2015 capital outlay.


READ MORE

Australian Santos to Hive Off Non-Core Assets

Australian oil and gas major Santos has decided to spin off its non-core assets and reduce debt as the company looks to become “a low-cost, reliable and high performance business.


READ MORE

NATURAL GAS NEWS

LOAD MORE ARTICLES