Tagged With Gas
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
Range of services widens
1 December 2002
Models have been made, most famously by Arthur D Little, suggesting that the oil majors will one day become virtual companies. They will outsource everything except their strategy, which will remain, like the grin of the Cheshire Cat, when the rest of the feline has entirely disappeared, writes Nigel Ash
Growing gas-import market
1 November 2002
The UK – Europe’s largest producer and consumer of natural gas – is likely to become a substantial importer within a few years. Big suppliers are positioning for a stake in the market, Martin Quinlan writes
Consolidation still needed
1 October 2002
In the days when geophysicists were known as doodlebuggers and preferred to lay their generally unkempt heads on a table, so as to take an oblique and inspirational view of seismic print-outs, there was an art and a mystique to the seismic business. Things have changed a lot. Geophysicists may not have tidied up much since, but the technology has, writes Nigel Ash
Nice reserves – shame about the location
1 September 2002
Gazprom has bigger gas reserves and production than any other company in the world. The trouble, writes Isabel Gorst, is that most of its 100%-owned 26 trillion cubic metres of gas lie in daunting locations in remote Siberia or beneath the frozen waters of the Arctic oceans
PdV to spend on gas
1 July 2002
Deep gas potential emerges in shallow water
1 June 2002
The US needs natural gas, fast. Demand is forecast to rise strongly and domestic supplies are dwindling. A new play beneath the mature shallow water US Gulf of Mexico, could help plug the gap, writes Dan Rigden
Slowly does it
1 April 2002
Moves to open up some Middle East economies to foreign investment have been under way for the past few years. While progress remains slow, overseas investors appear to be prepared to play the waiting game, as the potential rewards are expected to justify the effort. In addition, as liberalisation gathers pace, new investment opportunities are expected to emerge, not only in the energy sector. David Townsend reports
Continuing appeal of the cold grey waters
1 April 2002
It is far too early to discount the potential of the North Sea’s cold grey waters – even the Dutch and UK sectors, where gas has been flowing since the 1960s, writes Martin Quinlan.