Discovery

Eni’s Natural Gas Discovery Offshore Egypt Adds to Plethora of Eastern Med Opportunities

Eni’s Natural Gas Discovery Offshore Egypt Adds to Plethora of Eastern Med Opportunities

Italian supermajor Eni SpA has struck natural gas in its first exploration well in the North El Hammad offshore Egypt in the Nile Delta, adding to a gusher of opportunities in the region.  Eni, which operates the block in the Eastern Mediterranean (Med) with partners BP plc and Total SA, said the discovery at Bashrush…

July 2, 2020

80 Tcf Jebel Ali Discovery May Move UAE Toward Natural Gas Self-Reliance

Coming in as one of the world’s largest natural gas discoveries in recent years, the United Arab Emirates (UAE) announced earlier this month that it has hit on 80 Tcf of shallow gas resources between Saih Al Sidirah and Jebel Ali in the Emirates of Abu Dhabi and Dubai, respectively.

February 12, 2020

Natural Gas Discovery Offshore Mauritania Further Confirmed, Says BP

A recent three-well drilling campaign offshore Mauritania and Senegal has further established the extent of the world-class scale of the natural gas resources that could help feed an innovative floating liquefied natural gas (FLNG) project.

December 17, 2019

Huge Natural Gas Discovery Offshore Mauritania Said Enough to Support LNG Exports

A major natural gas discovery offshore Mauritania may be the largest deepwater discovery this year and holds the potential for an export project, according to Kosmos Energy Ltd.

October 30, 2019
Shell’s Deepwater Discovery in Perdido Said ‘Significant’

Shell’s Deepwater Discovery in Perdido Said ‘Significant’

Shell Offshore Inc. has hit a significant oil and gas prospect about 250 miles south of Houston in the deepwater Alaminos Canyon of the Gulf of Mexico (GOM).

April 24, 2019
Santos Finds ‘Significant’ Natural Gas Offshore Western Australia

Santos Finds ‘Significant’ Natural Gas Offshore Western Australia

Santos Ltd. said an appraisal well in the Corvus field offshore Western Australia confirmed a “significant gas resource,” potentially giving the country a boost in its competition with the United States to supply liquefied natural gas (LNG) worldwide.

April 17, 2019

Shell’s Newest Norphlet Discovery in Deepwater GOM Expands Inventory Options

Royal Dutch Shell plc said Thursday it has struck its sixth oil and natural gas find in the Norphlet play in the deepwater U.S. Gulf of Mexico (GOM) after encountering more than 800 net feet of pay at the Dover discovery.

May 24, 2018

Brief — Enbridge-Spectra Energy

The U.S. Federal Trade Commission (FTC) hascleared thecombination of Enbridge Inc. and Spectra Energy Corp. FTC voted to accept a proposed consent decree in which Enbridge and Spectra have agreed to enact firewalls governing the flow of certain information to Enbridge about the Discovery offshore Gulf of Mexico natural gas pipeline system, and to take other steps limiting Enbridge’s potential influence over actions related to Discovery. Spectra holds an ownership interest in Discovery through its indirect ownership interest in DCP Midstream LP, which holds a 40% ownership interest in Discovery. Enbridge, through an affiliate, also has offshore natural gas gathering operations in the Gulf of Mexico. With FTC clearance, the merger has only one more regulatory hurdle, which is clearance under the Canadian Competition Act. The companies continue to expect the transaction to close during the first quarter.

February 16, 2017
Lower Tertiary Yields Another Big Discovery, Says Chevron

Lower Tertiary Yields Another Big Discovery, Says Chevron

Chevron Corp. and its partners have encountered more oil and natural gas reserves in the Lower Tertiary Trend of the Gulf of Mexico (GOM), the oil major’s second major discovery in the estimable deepwater formation in less than a year.

January 6, 2015

Texas Regulator Considers Streamlining Utility Rate Cases

The Railroad Commission of Texas (RRC) is considering rule changes intended to reduce the costs of contested natural gas utility rate cases, which are ultimately passed on to consumers. While utilities have voiced support, municipalities across Texas claim the changes would deter challenges to rate hikes.

September 26, 2014
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