Tagged With Gas
Building a quality asset base
1 January 2004
One of the world’s largest independents, Burlington Resources, operates mainly in North America and mainly in gas. Its aim, executive vice-president and chief financial officer, Steve Shapiro, tells Anne Feltus, is not only to achieve robust production growth, but also sector-leading returns
Poised for E&P growth
1 December 2003
New oil and gas exploration and production activity in east Africa – from Sudan to Mozambique – signals a slow, but resurgent interest in the region, reports Paul Hueper from Dar es Salaam
Bold new production strategy
1 November 2003
The country has again appealed for international investors to help realise its upstream potential. The country’s minister of oil and gas industry and mineral resources, Tachberdy Tagiyev, spoke to Derek Brower about his targets and plans for the industry
Seeking export outlets
1 November 2003
Uzbekistan has bold plans to expand output and exports. Shafkat Mazhitov, the chief executive of the state-owned oil and gas company, Uzbekneftegaz, says gas exports will grow to 20bn cubic metres a year (cm/y) by 2020. Last year, exports amounted to 7.3bn cm, Derek Brower reports
Taking the vast train
1 November 2003
The trend towards ever-bigger LNG trains could bring about a fourfold production boost by 2020, predicts ExxonMobil’s chairman. Meanwhile, despite years of planning, floating LNG technology, to exploit remote offshore gas reserves, remains hung up on a range of issues. Nigel Ash reports
Development work accelerates
1 October 2003
The five producing fields in the Gulf of Guinea’s deep-water areas – two off Angola, two off Equatorial Guinea and one off Nigeria – will become eight by the end of next year and 13 a year or so later. Deep-water fields under development will add nearly 1.8m b/d to the region’s production capacity – with more to come from the projects being planned, Martin Quinlan writes
Conquering the ultra-deep
1 October 2003
Although exploration in the US GoM has extended well beyond the mile-deep mark, technical problems posed by these water depths and the distance from existing infrastructure make development of ultra-deep discoveries complex and costly. Energy companies are pushing technology to the limit and combining capital and human resources to improve the economics of marginal ultra-deep fields. Anne Feltus reports
Cell-spar platform takes shape
1 October 2003
Spar production platforms for deep-water fields have a fairly short history – the first facility was installed in 1996. But, in just seven years, they have evolved through three generations. The first example of the latest variant, the cell spar, is due to start flowing gas in the second quarter of next year, Martin Quinlan writes
Seduced by oil
1 September 2003
Next month, Ramco Energy expects to land gas, its first production as operator, from the Seven Heads field in the Celtic Sea, off the south coast of Ireland. By world standards, the new supply is important only to Ramco and to Ireland. But it could all have been very different, even though the founder and executive chairman of Ramco Energy, Stephen Remp, is a fourth-generation US oilman, reports Derek Bamber
Yukos under fire
1 August 2003
Honouring deals
1 June 2003
As the US tries to re-establish civil, political and economic order in Iraq, several oil companies that signed agreements with the previous regime are waiting to see if their deals will be honoured by a new administration. One such company, Petrel Resources, is confident it will be working in Iraq as soon as order is restored, writes David Townsend
Russia benefits from CIS deals
1 May 2003
Recent natural gas export/import deals signed by Russia, Turkmenistan and Ukraine suggest that after a decade of squabbling, producers and consumers in the CIS may be on the way to setting their huge gas-trading relationships on a more orderly and commercial footing. Isabel Gorst reports
Wheeling and dealing for elephants
1 May 2003
When, in August 2001, Lundin Oil was sold to Canada’s Talisman Energy for $400m, it was generally agreed it was a good deal for the Lundin shareholders. It was also agreed it was probably one of the best deals done by the legendary deal-maker, and founder of the company, Adolf Lundin, in his drive to find a genuine elephant oilfield. The company’s chairman, Ian Lundin, talks to Derek Bamber
Deep water, deep thinking
1 April 2003
The world’s deep-water oil flows through a surprising variety of production facilities, with vessel-based schemes dominating in the Gulf of Guinea and various designs of spars, tension-leg platforms and semi-submersibles employed in the Gulf of Mexico. Engineers have difficult choices to make as they select designs for the next generation of fields in up to 3,000 metres of water, Martin Quinlan writes
Market movements
1 February 2003
The UK gas and power industries have undergone another huge upheaval in the last year, trying to cope with the impact of changes in trading arrangements and the fallout from Enron. Against that background, the merger of National Grid and Transco has been accepted calmly by a market reeling from change. Liz Bossley and Jennifer Anderson, of CEAG, investigate
He who builds the pipeline calls the tune
1 February 2003
It is widely forecast that the UK will suffer a shortfall in gas supply by the middle of this decade. The race is on to build the pipeline infrastructure that will import European gas to meet demand. Liz Bossley and Jennifer Anderson, of Ceag, consider the plans for the pipelines and whether the gas will arrive in time
Give us more capacity
1 February 2003
Export constraints are possibly the single biggest problem confronting the Russian oil industry. Production is rising by over 8% a year, but with flat domestic demand, oil must either be left in the ground or transported to world markets, writes Isabel Gorst