UK Government to Cut Tax for Ultra High Pressure, High Temperature Fields
Amidst a number of recent announcements regarding the taxation of the North Sea oil & gas industry, the UK government has launched a consultation on a new ‘cluster area allowance’ for firms...
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4 Leading Technologies for O&G New Frontiers
A core theme in the oil and gas sector is technology, which over the last decades has enabled the sector to reach great achievements in terms of oil and gas exploration, production, information...
View ArticleNorth Sea’s Marginal Fields Could be Worth £40 Billion
Estimated to hold around 1.2 billion barrels of oil, marginal fields could be the key to securing the North Sea’s future, as reported by The Scotsman. A report by analysts at RMRI Consulting has found...
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West of Scotland Oil and Gas Prospects
The Scottish government have planned to team up with academics and members of the oil and gas industry to discuss the West of Scotland oil and gas prospects. A workshop will be set up to take place at...
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Key O&G African Opportunities
Drake Newsbase – The promise of major discoveries across many parts of Africa continues to draw oil and gas companies to the continent. In recent months, attention has turned to new frontier acreage...
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Shell’s Deep-water New Discovery in Malaysia
After Shell‘s recent exploration success at its Rosmari-1 well in Malaysia earlier this year, the company has hit gas again at its deep-water Marjoram-1 well in Block SK318 offshore Sarawak. These...
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Download: The Long Term Environment for Investing in the Arctic
Michael Bravo is a Senior Lecturer at Cambridge and the Governor of the Circumpolar History and Public Policy Research Group at the Scott Polar Research Institute. His knowledge of the Arctic is vast,...
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Western Sanctions Unlikely to Derail Rosneft’s LNG Developments
Rosneft to take control of $4 billion Pechora LNG project in Northern Russia Rosneft has signed last week an agreement with the investment company Alltech Group to take a 50,1 per cent stake on a joint...
View ArticleENI’s New Oil Discovery Offshore Angola
ENI announced it has discovered 300 million barrels of oil in place at the Ochigufu exploration prospect, in deep water offshore Angola. Commenting on this discovery, ENI’s CEO Claudio Descalzi said...
View ArticleNew O&G Exploration Licenses in Thailand
Thailand’s Energy Minister Narongchai Akrasanee has announced the country will offer new licenses for oil and gas exploration for the first time since 2007. The auction will be hosted in February 2015...
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