Exploration

Chatham House has released a new report that discusses the uncertainties the oil and gas industry will face over the next 10 years.

Charles T. Drevna’s comment on a ruling made by the US Court of Appeals Association.

Chevron Corporation has announced a US$ 26 billion capital and exploratory spending programme for 2011. Approximately 85% of the 2011 spending programme is for upstream oil and gas exploration and production projects worldwide. Another 10% is associated with the company's downstream businesses.

The series of exploration successes for RWE Dea in Norway continues. Having already made a major gas discovery in the Zidane licence area in mid-September, the semisubmersible drilling rig Bredford Dolphin just made another discovery in the Titan prospect (PL 420), with a promising oil discovery.

Fraser Bomford, AKE, examines the risks of living and working in Pakistan, especially for foreign expatriates who have become a target in recent years.

Desire Petroleum has tentatively announced the discovery of oil in the Rachel North well.

Aker Solutions has been awarded the Åsgard subsea compression system contract by Statoil. The contract value is approximately NOK 3.4 billion.

API comments on the recent US tax recommendations.

In the last year a number of territorial disputes, which had been quietly ignored before the financial crisis, have come back to prominence; the disputes have been further exacerbated by the presence of oil in some instances.

The African Continent’s west coast has long been an oil rich haven for oil companies from the west to exploit, yet now with the continual discoveries of oil rich deposits in the east, companies are turning their attention to countries like Uganda, Tanzania and Mozambique to source large quantities of Africa’s oil reserve.

Drilling of the exploration well 6603/5-1S on the Dalsnuten prospect in license PL392 in the Norwegian Sea by Noreco has been concluded. The well did not encounter reservoir rocks and was dry.

New research from Policy Exchange shows that Britain and the EU are only on course to meet international carbon targets because emissions have been ‘off shored’ to countries like China.

Taryn Evans, Central and Latin America analyst for AKE, examines the stability of US oil imports from Latin America.

Viking Moorings, today announced that it has signed an exclusive international agency agreement with Mainticare Ltd, one of the largest marine and oilfield services contractors in Malta.

Gas has a vital role in the UK’s future energy mix, said Energy Minister Charles Hendry.