News

  • Insurance Jottings

    Judge Strikes Down North Dakota ‘Pore Space’ Law Backed by Oil, Gas Group A judge has struck down a North Dakota’s law which landowners say takes away their property rights.   The so-called Pore Space law passed the Legislature in 2019 after supporters sought clarification…

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  • Premier farms down Tuna block ahead of appraisal campaign

    Premier Oil has completed the farm-down of its interest in the Tuna PSC, offshore Indonesia, to Zarubezhneft ahead of an appraisal campaign scheduled for 2Q 2021.   Premier signed heads of terms with Russia’s Zarubezhneft in December 2019 to farm-out a 50 per cent of…

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  • What Will Biden’s Paris Decision Mean for US Oil and Gas?

    The US officially re-joins the UN’s Paris Agreement on the 19th February.   In June 2017, then-President Trump revealed that the United States would exit the United Nations’ Paris Agreement to combat climate change. Shortly after taking office last week, President Biden took action to…

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  • Assessment of gas trunkline across Mongolia advances

    Gazoprovod Soyuz Vostok has been registered in Mongolia as part of a Memorandum of Intent signed in August 2020 between Gazprom and the government of Mongolia to set up a special purpose vehicle to perform design and survey works and conduct a feasibility study regarding…

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  • IOOC reviewing IOR measures for Persian Gulf oil field

    Iranian Offshore Oil Company (IOOC) is looking to raise the recovery rate from Soroush, one of Iran’s largest offshore oil fields (IOR is Improved Oil Recovery).   An official from the Faculty of Oil and Gas Engineering of Sahand University of Technology, speaking to news…

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  • Timing key to deep-water South Africa gas projects

    Total’s large deep-water South African gas discoveries are potentially transformational for the country. But at the moment there is no clear route to commercialisation, according to GlobalData.   Oil & Gas analyst Conor Ward said: “The discoveries of Brulpadda and Luiperd offer South Africa the…

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  • Nord Stream 2 Pipelay Starts Offshore Denmark

    Russian pipelaying vessel Fortuna has started working at the Nord Stream 2 construction site in Danish waters, defying new US sanctions against the controversial gas-pipeline project.   The work being done in the Danish exclusive economic zone is “performed in line with relevant permits” and…

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