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  1. IOG in talks to re-use North Sea pipeline for gas export

    Offshore staff LONDON – Independent Oil and Gas is negotiating to acquire a currently disused gas pipeline in the UK southern North Sea. The company has entered into a memorandum of understanding that contains exclusivity provisions that run until Feb. 28. Assuming the negotiations are successful, IOG would assume operatorship of the pipeline and liability for its future decommissioning, and of the associated onshore facilities. The reception terminal has the capacity to receive more than 400 bcf of gas at rates of up to 200 MMcf/d for more than 20 years. Following the acquisition, the company plans an intelligent pigging inspection to ensure the pipeline’s integrity for safe re-use, and will then re-commission it to enable evacuation of gas from IOG’s Blythe and Vulcan Satellites hubs. This would involve the installation of inter-field pipelines and tie-in points. The existing pipeline, with its 300 MMcf/d capacity, could also accommodate gas from IOG’s Harvey discovery , subject to further appraisal, and further supplies from third-party users. Britain’s Oil and Gas Authority (OGA) is said to be supportive of the proposals, which have been incorporated in the draft Blythe field development plan that IOG submitted to the OGA last month. In the UK northern North Sea, IOG operates the heavy-oil Skipper field, where an appraisal well was drilled last summer. Samples of oil retrieved from the well show a high density of around 11° API, a high viscosity, and a high total acid number. However, the oil is said to be mobile in the very high permeability reservoir and also mobile at ambient conditions due to its low wax content.  IOG is performing evaluations that include building a reservoir model to simulate the oil’s mobility in the reservoir. If it can come up with an economic field development plan, the oil properties will be challenging, it says, in terms of refining and marketability.  Depending on where and when the crude is sold, it would likely trade at a significant discount to the prevailing quoted Brent oil price. 01/16/2017

    Online Articles

    Online Articles

    Mon, 16 Jan 2017

  2. Independent review supports U.K. tidal lagoon projects

    An independent study commissioned by the United Kingdom supports the role of tidal lagoon projects in the U.K.'s energy mix.

    Online Articles

    Online Articles

    Mon, 16 Jan 2017

  3. U.S. crude oil exports are increasing and reaching more destinations

    The number of countries receiving exported U.S. crude oil has risen since the removal of restrictions on exporting U.S. crude oil in December 2015.

    Online Articles

    Online Articles

    Thu, 29 Dec 2016

  4. API official lists policy areas for upcoming confirmation hearings

    US senators considering nominees to lead the US Departments of the Interior and Energy and the Environmental Protection Agency should ask about ways policies can be improved to create jobs, benefit consumers, and improve the general economy and domestic energy security, an American Petroleum ...

    Online Articles

    Online Articles

    Fri, 13 Jan 2017

  1. Oryx continues development in Iraq’s Kurdistan region

    Online Articles

    Online Articles

    Thu, 12 Jan 2017

  2. Gassco sets Norwegian gas export record

    Norwegian gas trunklines operator Gassco delivered record volumes from fields offshore Norway to European customers last year.

    Online Articles

    Online Articles

    Tue, 10 Jan 2017

  3. Trinidad and Tobago to divest part of Petrotrin

    The Trinidad and Tobago government said it will divest part of state-owned Petrotrin as it tries to increase crude production, increase efficiency, and return the company to profitability.

    Online Articles

    Online Articles

    Thu, 12 Jan 2017

  4. Cold weather hits European electric power

    Cities and towns across southeastern Europe have been left without electricity as freezing conditions saw power plants undergo unplanned outages and hydropower production plummet.

    Online Articles

    Online Articles

    Wed, 11 Jan 2017

  5. Tullow assessing Jubilee FPSO mooring options

    Tullow Oil says work to rectify problems with the turret systems on the Jubilee FPSO is on course, with the vessel set to be spread-moored on its current heading by the end of January.

    Online Articles

    Online Articles

    Wed, 11 Jan 2017

  6. ITC wins DOE permit for Lake Erie transmission project

    A DOE Presidential Permit is required for international border-crossing projects 

    Online Articles

    Online Articles

    Fri, 13 Jan 2017

  7. North Sea Huntington uplift boosts Premier’s production

    Premier Oil’s UK offshore production surpassed 40,000 boe/d during 4Q 2016.

    Online Articles

    Online Articles

    Thu, 12 Jan 2017

  8. Mitsubishi completes CO2 capture system for Petra Nova Carbon Capture Project

    The system captures CO2 from a 240 MW equivalent coal exhaust slipstream from Unit 8 at NRG's W. A. Parish coal-fired generating station in Thompsons, Texas 

    Online Articles

    Online Articles

    Wed, 11 Jan 2017

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