UK Gas Production, Gas-Firing Up in 1Q

UK natural gas production rose by 5.6% year on year in 1Q2017, with January output well up. This is partly explained by the February 2016 start-up of the large Total-operated Laggan-Tormore field in the UK West of Shetland offshore.


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Iran, Tubacex Set up Speciality Pipeline Firms

Iran’s Mobarakeh Steel Company and Spanish Tubacex will establish three firms, two of them in Isfahan city and another in Kish Island, to produce corrosion-resistant alloy (CRA) pipelines, CEO of National Iranian Oil Company Ali Kardor said May 25, elaborating a deal signed May 24.


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Moody's Boosts Dutch Gas TSO Rating

Ratings agency Moody's has boosted the outlook on Dutch Gasunie to positive from stable, it said May 22. The rating action follows publication of the state-owned transmission system operator's “challenging” regulated tariffs for its Dutch gas transmission activities for 2017-21, which accounted for 72% of the group's normalised operating profit in 2016, and further reductions in the company's planned but minor capex programme over the rest of the decade.


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Energean Signs Large Greek Lease

Greek upstream independent Energean Oil & Gas said May 25 it has signed a lease agreement with the Greek government for the 4,360-km² Aitoloakarnania block onshore Greece – described as a geological continuation of the Ioaninna block, which Energean has explored since 2014.


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Tunisian Dies in Gas Field Protests

A Tunisian man died May 22 after a police car accidentally ran him over at the site of the first clash between security forces and protesters in Tatatouine.


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