Drilling & production

The UK’s 27th O&G licensing round has been deemed a success after 167 licenses covering operations in more than 330 blocks were awarded to oil and gas companies.

Sharon van Dongeren, Port of Amsterdam, the Netherlands, explains how the terminal is playing an important role in the global energy transition.

World Coal reviews news from the materials handling sector announced at MINExpo INTERNATIONAL® 2012, which took place in Las Vegas from 24 – 26 September.

The task to reduce carbon emissions cannot be solved with one simple solution. With demand for energy forecast to remain at current levels and local fuel reserves depleting we are forced to look to new innovative technologies for the answers.

World Coal reviews news from the drilling sector announced at MINExpo INTERNATIONAL® 2012, which took place in Las Vegas from 24 – 26 September.

World Coal reviews the news from the underground mining sector at MINExpo INTERNATIONAL 2012, which took place in Las Vegas on 24 – 26 September 2012.

Dresser-Rand Company has entered into licensing agreement with Expansion Energy LLC to use its proprietary VX Cycle technology for the small-scale production of LNG.

A joint venture between GDF Suez and Santos Energy has received environmental approval from the Australian government for its FLNG project in the Bonaparte Basin.

Shell has signed an agreement with Hess Corporation to acquire its interests in the Beryl area fields and the Scottish Area Gas Evacuation System (SAGE), for US$ 525 million.

In large scale markets, LNG is already a strategic commodity. However, limited growth is experienced in the small scale market. Thomas Vles, Consultant, Squarewise, asks why.

US 2012 coal exports, supported by rising thermal coal exports, are expected to break their previous record level of almost 113 million short t, set in 1981.

BP has asked a US judge to approve a settlement of thousands of claims worth US$ 7.8 billion made by plaintiffs whose businesses, property or health were negatively impacted by the 2010 Deepwater Horizon incident.

Talisman has received approval from the UK government to proceed with its £1.6 billion MonArb area redevelopment project to increase oil production.

Heavy flooding, as a result of months of rain, may have cut the production output of companies operating in the Niger Delta by up to 500 000 bpd.

If current surging production levels continue, it might not be long before the US replaces Saudi Arabia as the world’s leading oil producer.