Exploration

Westside Corp. has announced a joint venture with Mitsui & Co. to develop the Dawson Seamgas fields.

Dr. Robert M. Cutler discusses developments in Eurasian gas pipelines in 2009, with a focus on Turkmenistan’s gas reserves and current pipeline projects in the region.

Centrica has announced the purchase of Suncor Energy Inc’s Trinidadian natural gas assets.

New research from Douglas-Westwood predicts a global deepwater expenditure of US$ 167 billion between 2010 and 2014 - up 37% on the preceding five years.

A round up of news from BP as the company discusses the Coega refinery and 2010 financial plans.

A brief look at some of the recent refinery news from the European oil and gas industry.

Following the arrival of the Ocean Guardian in Falkland waters on 19 February 2010, Desire Petroleum has announced that the Liz 14 /19-A exploration well has been spudded.

With the drilling of a single well (6-BR-63A-RJS) Petrobras has discovered two new oil accumulations in reservoirs located in the Campos Basin, one in post-salt and the other in a pre-salt region.

Schlumberger Ltd and Smith International, Inc. have announced a definitive merger agreement in which the companies would combine in a stock for stock transaction.

Deloitte, the business advisory firm, has produced its first ranking of UK upstream independent oil companies.

Aminex PLC has announced that the Olympia Minerals-1 well (OM-1) at Shoats Creek was spudded on 17 February 2010 using the Crown Drilling Rig No. 2.

Petrolifera Petroleum Ltd has made significant progress in the remediation programme at the La Pinta 1X well on its Sierra Nevada License in the Lower Magdalena Basin, onshore Colombia.

Europe’s hydrocarbon industry now sits in a precarious position as to the future of its energy supply. Currently Europe is dependant on Middle Eastern and Russian supplies. However, Europe is predicted to become more heavily dependent on external supplies over the next decade.

ExxonMobil has announced that additions to its proved reserves in 2009 totalled 2 billion bbls of oil equivalent, replacing 133% of production.

Novatek, the Russian gas producer plans to send LNG shipments to Asia from its fields on the Yamal peninsula in the Arctic via the Arctic Ocean.