News / International

Northern Offshore Terminates Contract with Oceanic in Nigeria

Northern Offshore Ltd. has issued a notice of drilling contract termination to Oceanic Consultants Nigeria Ltd. for the Energy Searcher.

Ithaca Energy: North Sea Facilities Near Completion

Ithaca Energy says drilling continues on the Stella Ekofisk well for the Greater Stella Area (GSA) development in the UK central North Sea.

UK Project Spending Set to Drop

Capex in the UK’s offshore sector totaled $19 billion last year, according to analysts Wood Mackenzie’s annual UK upstream review. This kept the UK in the top 10 countries for upstream spending globally.

Keystone XL Pipeline Bill Passes US House

The U.S. House overwhelmingly passed a bill Friday authorizing a major oil pipeline, despite a renewed pledge by the White House to veto the legislation after a state court removed a major obstacle.

British Columbia Bans LNG Pipeline Conversion

British Columbia, Canada's West Coast province, banned the transportation of oil and bitumen through pipelines built specifically for liquid natural gas, according to a press release from British Columbia Minister of Natural Gas Development Rich Coleman.

LNG Facilities Proposed in Florida

Florida East Coast Industries proposed the creation of a liquefied natural gas production and distribution facility, which would be located in Titusville, Florida, according to Florida Today.

Progress Made on Morocco Drilling Activities

Gulfsands Petroleum plc, the oil and gas production, exploration and development company with activities in Syria, Morocco, Tunisia and Colombia is pleased to provide the following update on drilling activities in Morocco.

Algerian Energy Minister Insists No Danger from Shale Gas

The exploitation of shale gas in In Salah doesn't present any danger, Energy Minister Youcef Yousfi ensured during a meeting Thursday with representatives of the protesters against the exploitation of this resource in the region, an official of Tamanrasset province said.

$70 Billion to be Invested in Algerian Shale Gas Exploration: Sonatrach CEO

The public group Sonatrach will invest no less than "$ 70 billion" for the exploitation of shale gas in Algeria, said Sunday the CEO of the company, Said Sahnoun, despite the opposition of the inhabitants of the Saharan regions where gas field are found.

Iraq Increases Basrah Crude Prices to Asia, Reduces Them for U.S. and Europe

Iraq, OPEC’s second-largest producer, raised the selling price for February shipments to Asia of its main Basrah Light crude by 30 cents a barrel, after Saudi Arabia boosted its pricing to the region.

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