Oil & gas news

Cuadrilla has announced that it has discovered shale gas reserves, estimated to be as large as 200 trillion ft3, in the Bowland Basin in Lancashire, UK. If the estimates prove correct, it will be the largest gas field ever discovered in the UK.

Apache Corporation has agreed to acquire Exxon Mobil Corporation's Mobil North Sea LLC assets, including the Beryl field and related properties, for $1.75 billion.

Trofagas Hidrocarburos, S.L., a wholly owned subsidiary of BNK Petroleum Inc., has been awarded an oil and gas concession totalling approximately 234,000 acres located mainly in the autonomous community of Castile and Leon, Spain.

GE Oil & Gas is to supply Technip with two steam turbine-driven compressors for the Shell Prelude FLNG project.

Husky Energy Inc. has sanctioned the development of the Liwan 3-1 and Liuhua 34-2 fields, the principal fields of the Liwan gas project in the South China Sea.

Bureau Veritas is extending its partnerships in the Russian shipping and offshore sector, focussing on High Arctic offshore projects.

The Caspian Sea is a region with enormous potential for oil and gas exploration and production, but there are significant obstacles to overcome first.

Four coal miners in south Wales have been confirmed dead despite an extensive search and rescue operation.

Osum Oil Sands Corp. selects Veolia Water Solutions & Technologies’ produced water treatment for Taiga project at Cold Lake.

Hyundai Heavy Industries, the world’s biggest shipbuilder, today won an US$ 400 million order to build two 155,000 cubic metre LNG carriers for Singapore-based BW Maritime.