These are features of Oil and gas, industrial and other relevant news
Shell Finds Hydrocarbon in Australia Shell has made a hydrocarbon discovery on the West-1 (Auriga) well on the northern Browse Basin offshore Australia. Shell has been drilling the well, in Petroleum Permit Area AC/RL9, using the Stena Clyde semisubmersible drilling rig, 200km offshore northwest the Kimberley coast and 600km north-north east of Broome in 150-200m…
Subsea 7 Awarded $150 million North Sea Culzean Development Contract Subsea 7 has revealed according to the BBC it won the award of a subsea, umbilical, riser and flowline (SURF) contract by Maersk Oil with a value in excess of $150 million for the Culzean development. The Culzean, one of the largest gas discoveries offshore…
BG Group wants to Sell Gas Field for $1.2 billion BG Group plc, which is being acquired by Royal Dutch Shell plc, has put up for sale its 22.2 percent stake valued at around $1.2 billion in Thailand’s huge Bongkot offshore gas field, people familiar with the matter said. The move represents the first major…
Ukraine Calls for Another Gas Deal with Russia, 20% Debt Write-Down with Russia,Ukraine hopes to return to last winter’s gas deal. Ukrainian Prime Minister Arseniy Yatsenyuk said last Friday that Ukraine and Russia should implement a similar deal to the one reached last winter for the coming months, reports the Associated Press. “We are convinced…