Displaying 141 - 150 of 370 articles
Perenco has begun operations to sidetrack the T5 production well on the UK Tyne field, partner in the project Iona Energy has said today. The sidetracking of the T5 well, which previously flowed at peak daily rates of 25 million standard cubic feet (MMscf), aims to revitalise gas production at the well.
London-listed independent InfraStrata has said today that it has farmed out an additional 8 per cent interest in English Channel licence P1918 to InfraStrata subsidiary Corfe Energy Limited. The divestment of the interest will see Corfe's stake in the project rise from a current 12 per cent stake...
RWE Dea UK, the UK subsidiary of RWE Dea, has said today that it has seen first gas from the Clipper South field in the UK North Sea. Initial rates of production from the first well on the field are put at 1.2 million cubic metres per day, though this is expected to peak at 2.8 million cubic metres...
Ireland's DCC, a sales, marketing and distribution business, is set to acquire BP's liquefied petroleum gas (LPG) business in the UK for a consideration of €51.3 million. As part of the transaction, which was announced yesterday, DCC will take over the LPG business's 116 employees and 13 locations...
The UK government has today welcomed the development of the massive shallow water prospect, the Cygnus gas field, in the UK North Sea, following the officially sanctioning of it yesterday. Announced at a delegation of UK ministers and oil and gas companies at the British Business Embassy in London today...
Italy's gas transmission operator Snam and Belgian gas company Fluxys have today signed a Memorandum of Understanding (MoU) to develop gas infrastructure in Europe. In particular, a statement from Snam said today, the companies will seek to develop and market reverse flow capacities from south...
French major GDF Suez has said that it will develop two massive UK offshore gas fields, the Cygnus and the Juliet fields. The company, which holds a 38.75 per cent stake in Cygnus and a 51.56 per cent stake in Juliet, also said today that it and its partners in the Cygnus field were planning an investment...
Dana Petroleum has today reported "strong results" from its Platypus appraisal well in the Southern North Sea in the UK. The appraisal well, well 48/1a-6, which was spudded in April this year, has encountered a strong flow rate of 27million standard cubic feet (mmscf) per day on a 96/64" choke...
BP today has posted a drop in profits for the second quarter of this year, a result it says has been contributed to by low US oil and gas prices, lower income from TNK-BP and lowered production resulting from planned maintenance, particularly at the Gulf of Mexico. These factors have produced a massive...
The UK’s Select Committee on Energy and Climate Change will undertake an inquiry on the implications on the development of the shale gas market on energy markets. The Committee plans on considering evidence from interested parties addressing some or all of the following questions: - What are...
