Arctic

Lease Sales

On the Market Oil and Gas Quicklist (Week of Oct. 26, 2022)

Here’s a quicklist of oil and gas assets on the market including  Arkoma Drilling’s portfolio of Haynesville assets in North Louisiana plus the Gungnir Resources prospect in the northern D-J Basin in Wyoming.

October 26, 2022

Highlights

E&P Highlights: Oct. 10, 2022

Here’s a roundup of the latest E&P headlines including a new Algerian project going onstream, a commercial gas find offshore Israel and regulatory updates from Australia, the U.S. and Norway from the past week in the upstream oil and gas industry.

October 10, 2022

Energy Transition

Japan Companies, Hilcorp to Study Making Ammonia in Alaska for Greener Energy

Four companies agreed to “evaluate the commercial feasibility of utilizing North Slope natural gas delivered to Southcentral Alaska via the Alaska LNG Project to produce carbon-free ammonia,” Alaska Gasline Development Corp. said.

October 5, 2022

Exploration & Production , Legislation , Lease Sales

US Plans to Hold Cook Inlet Drilling Auction in Alaska

The sale is among the concessions to the oil and gas sector included in U.S. President Joe Biden's new climate change law, the Inflation Reduction Act (IRA).

September 22, 2022

Exploration & Production , Acquisitions & Divestitures

Chevron Offering Minority Stakes in Three Alaskan Oil Fields

A sale of Chevron’s Alaska oil and gas assets could fetch between $450 million and $550 million, according to a Rystad Energy analyst using comparable transactions.

September 19, 2022

Exploration & Production , Health, Safety & Environment

Fire Breaks Out Abroad Equinor's Castberg FPSO at Norway Yard

Equinor's Castberg FPSO, located in the Arctic Johan Castberg oilfield, is expected to onstream in fourth-quarter 2024.

August 11, 2022

Exploration & Production , Legislation , Lease Sales

Biden Administration Releases Proposed Offshore Leasing Plan

The release of the proposal by the Biden administration is only the second part of a three-step process to finalize “whether or how many” lease sales will be held in the five-year plan.

July 5, 2022

Field Development , Liquefied Natural Gas , Midstream

Norway’s Hammerfest LNG Plant Extends Outage Another Week

Europe’s only large-scale LNG plant, at Melkoeya island just outside the Arctic town of Hammerfest, can process 18 million cubic meters of gas per day when fully operational.

May 16, 2022

Exploration & Production , International

Norway Asks Human Rights Court to Dismiss Arctic Oil Case

In its document, the attorney general also highlighted Norway’s role as a stable and predictable energy supplier to Europe in the wake of the Ukraine war and “Russia’s instrumentalization of energy.”

April 28, 2022

Field Development

Santos Says ConocoPhillips Road Dispute Not Slowing Alaska Oil Project

Although Santos has been locked in a battle with ConocoPhillips over access to an Alaskan road for its Pikka oil project, Santos said the dispute would not slow down the company's work on the project.

April 22, 2022