Croatia Awards Licence to INA for Gas and Oil Exploration
The Croatian government said on Thursday it had awarded a licence to energy group INA for gas and oil exploration and exploitation on one block in the country's central and mountainous southern area.It gave no financial details.Earlier this year Croatia received one bid from INA for exploration in one block in the Dinarides region in a tender offering four blocks stretching over an area of 12…
Croatia Publishes Tender for Oil and Gas Exploration
Croatia published a tender for gas and oil exploration in mountainous areas of the country's central and southern regions, the state hydrocarbon agency said on Monday."The deadline for submitting bids is Sept.10, 2019 at 1200(1000 GMT). A tentative deadline for awarding licences is December," the agency said.The exploration in the Dinarides region will take place in four blocks with an overall area of 12,134 square km.
Ultra Petroleum Appoints David Honeyfield as CFO
Ultra Petroleum informed that David Honeyfield has been appointed to serve as CFO of the gas producer with assets in Wyoming’s Green River Basin.A press release from the energy company engaged in domestic natural gas and oil exploration, development and production said that Honeyfield has over 25 years of experience in the energy and natural resources fields…
Turkish Navy Monitoring Drilling Vessel near Cyprus
Turkey has sent two ships and a submarine to monitor a drilling vessel in the eastern Mediterranean Sea, the military said on Thursday, in a move likely to increase tension with Cyprus after reunification talks failed last week. The drilling work, a contractual obligation between Cyprus and France's Total, comes a week after the collapse of talks to reunify the divided island nation, split between ethnic Greek and Turkish Cypriots.
Edison: More Egypt Gas Awaits Discovery
The chief executive of Italian energy group Edison said on Tuesday he is confident more gas discoveries will be made in Egypt in the next three years. Edison has signed a $86 million agreement with state-run Egypt Natural Gas Holding (EGAS) for natural gas and oil exploration in the Mediterranean, the Egyptian Petroleum Ministry said on Jan. 5. Reporting by Lin Noueihed
Israel's Delek Drilling, Avner Oil to merge
Israeli conglomerate Delek Group's gas and oil exploration units, Delek Drilling and Avner Oil Exploration, approved a merger aimed at reducing costs and attracting new investors. Delek Drilling said on Sunday that shareholders of both companies approved the merger, which will see all assets and liabilities of Avner transferred to Delek Drilling and Avner will be dissolved. The companies in April began the merger process.
Mozambique O&G Contracts to be Signed Early Next Year
Mozambique's National Petroleum (INP) expects to sign new oil and gas prospecting contracts by early next year with the companies awarded rights to test for hydrocarbons across the country, an official said on Thursday. An INP official told a gas and oil summit in Maputo that the contracts would be finalised within 2 to 4 months with the companies that have been awarded the blocks.
Greece to Evaluate Deep-sea O&G Exploration Bids
Greece will conclude the evaluation of deep-sea oil and gas exploration bids in the coming weeks and will name the preferred bidders soon after, its energy minister said on Friday, as the country seeks to tap into its limited oil reserves. Plunging crude oil prices have cut spending on oil projects around the world but cash-strapped Greece is pushing ahead with…
South Africa to Start Shale Gas Exploration in Next Year
South Africa will give the green light in the next 12 months to companies looking to explore for shale gas under the semi-arid Karoo basin, the government said on Tuesday, more than six years after firms such as Shell applied for licences. Royal Dutch Shell, Falcon Oil & Gas and Bundu Gas & Oil are among five companies which have applied for exploration licences being reviewed by South Africa's Petroleum Agency, the regulator said on Tuesday.
Scotland Widens Shale Moratorium
Scotland has placed a moratorium on underground coal gasification, a form of unconventional gas extraction, adding to a ban on shale gas that it imposed in January in conflict with the pro-shale stance of Prime Minister David Cameron. The Scottish government also said on Thursday it would start an in-depth investigation into the impact of shale gas fracking, the process whereby water…
Bulgaria Opens Tenders for Offshore Gas and Oil Exploration
Bulgaria, eager to reduce its near total dependence on Russian gas, has opened two tenders for deepwater gas and oil exploration off its Black Sea coastline, the energy ministry said on Monday. The Balkan country hopes to issue 5-year permits for exploratory drilling in the two blocks by the beginning of the autumn, with interested bidders expected to file their offers by Sept. 20.
Mozambique Extends Bidding for Oil & Gas Blocks
Mozambique has extended by over three months a licensing round for 15 new offshore and onshore blocks for gas and oil exploration and production, a senior government official said on Monday. When the blocks were unveiled in October, the government said bids would be accepted until Jan. 20, 2015. That has now been extended until April 30 because of the level of interest and company requests for additional time…
Mozambique Offers More Gas and Oil Blocks
Mozambique on Thursday opened up 15 new offshore and onshore areas for gas and oil exploration and production in its north, centre and south, a week after national elections which are expected to return the ruling Frelimo party to power. The blocks on offer in the latest licensing round launched in Maputo and London included three new areas of the northern Rovuma Basin, where U.S.
Louisiana to Get Natural Gas Liquefaction and Fueling Facility
Tenaska NG Fuels, LLC and Waller Marine, Inc. today announced that they have agreed to develop, construct, own and operate Louisiana's first natural gas liquefaction and fueling facility along the New Orleans-Baton Rouge Mississippi River corridor with access to the Gulf of Mexico. Located on approximately 80 acres at the Port of Greater Baton Rouge, near major highway traffic thoroughfares and high-horsepower industries…
Mozambique Offers New Oil & Gas Terms
Amended law opens way for fresh bidding rounds; legislation requires partnership with state oil firm ENH. LNG processing projects to operate under special regime and Mozambique chasing 2018 target for first LNG export. Mozambique's parliament has passed an amended petroleum law that will allow the government to issue new gas and oil exploration licences but it also requires investors to partner with the state oil firm…
S.Africa Ready to Reevaluate New O&G Law
South Africa may reconsider a new oil and gas law to ensure that investors can be make profits while securing a place for the state in the sector, Mineral Resources Minister Ngoako Ramatlhodi said on Tuesday. Parliament passed the law in March, giving the state a 20 percent free stake in new gas and oil exploration and production ventures and alarming operators such as Total and Exxon Mobil, which are looking to explore in South Africa.
Croatia Prepares Onshore O&G Tender for July
Croatia is set to open an international tender for on-shore exploration of gas and oil in the Drava river basin and the east of the country next month, Economy Minister Ivan Vrdoljak said on Tuesday. "I expect the first round of the forthcoming on-shore gas and oil exploration tenders in the second half of July," Vrdoljak told an energy conference in Zagreb.
