UK company drills Mexico’s first private well in 80 years
24 May, 2017
A consortium formed of London-based Premier Oil, Houston’s Talos Energy and Mexico’s Sierra Oil & Gas has drilled a new well offshore Mexico – the first time a private company has done so in 80 years.
BP and Kosmos make major Senegal gas find
09 May, 2017
UK energy giant BP and its joint venture partner Kosmos Energy have announced a significant gas discovery offshore Senegal.
Argentina gets US$500m investment pledge to develop shale gas
28 April, 2017
French energy giant Total has announced it will spend US$500m over three to four years to develop a shale gas field in Argentina.
Georgia signs deal to import natural gas from Iran
25 April, 2017
Iran and Georgia have signed a four-month deal for the supply of 4m cubic metres of natural gas.
Iran lifts offshore gas production capacity at South Pars
18 April, 2017
Iran has launched six offshore gas projects valued at US$20bn at the giant South Pars field, lifting natural gas production to 570m cubic metres a day.
Cyprus awards offshore block to US and Qatari majors
11 April, 2017
Oil and gas giants ExxonMobil and Qatar Petroleum have landed an exploration and production-sharing contract for block 10 offshore southwest Cyprus.
Qatar to develop new gas project after 12-year freeze
04 April, 2017
Qatar Petroleum has announced plans for a new development in the offshore North field after a 12-year freeze on new projects.
Sonatrach to invest US$50bn to boost Algeria’s oil production by 14%
24 March, 2017
Algeria’s state-run oil company Sonatrach Group has announced plans to invest more than US$50bn over the next four years in a bid to boost crude oil output by 14%.
South Australia announces AUS$550m energy plan
15 March, 2017
South Australia’s premier Jay Weatherill has announced a AUS$550m energy plan to help tackle the state’s turbulent power supply and prices.
EU prepares investment in Irish energy import projects
06 March, 2017
Two giant energy import projects in Ireland are set to receive funding from the European Investment Bank in a bid to reduce dependence on post-Brexit Britain.
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