ONGC seeks to explore India’s unconventional gas basins

India’s state-owned Oil & Natural Gas Corp. is seeking approval for 17 shale oil and gas exploration wells along the east and west coasts of the country, according to news agency Press Trust of India (PTI). Citing minutes of a recent meeting of the Expert Appraisal Committee (EAC) of Ministry of Environment and Forests, the […]

Statoil invests in wind project off Germany

Statoil AS has acquired a 50% interest in a €1.2 billion wind project that E.On AG, Essen, will build and operate offshore Germany. Source: News

Uganda selects Tanzania crude-export pipeline route

Uganda has selected a 960-mile route from Hoima, Uganda, to Tanga, Tanzania, for a crude oil export pipeline. Total E&P Uganda, Tanzanian Petroleum Development Corp., and the governments of Uganda and Tanzania last year signed an agreement to study the pipeline as a means of moving the operator’s stranded resources to market. Source: News

Statoil hires Wood Group to study Snorre expansion subsea field concept

Statoil AS has let four subsea contracts on the Norwegian continental shelf to Wood Group, including a contract for Wood Group to study subsea field concept engineering for the Snorre expansion project, which focuses on cost-efficient enhanced recovery from the Snorre reservoir. Source: News

Despite losses, Aminex moves ahead on second Tanzania producer

Aminex PLC plans to move ahead on its Ruvuma block onshore southern Tanzania near the Mozambican border. The company reported a loss of $3.78 million for 2015. The company noted in its report, “2016 will be the year when Aminex begins to reap rewards from a decade of exploration and development in Tanzania.” Source: […]