Headlines have been proclaiming a massive surge in new jobs in the North Sea, driven by demand from recently approved projects -- but is it a true picture?
New discoveries and pipelines in two inland African countries bring promise of more production and a chance to export crude into international markets.
The offshore oil and gas drilling business has seen significant changes due to new successes, sustained high product prices for crude oil, increased regulations, an influx of new offshore rigs, and the development of an expanded drilling contractor community, according to Duncan Weir of Weir International.
With oil and gas companies facing several barriers to growth in 2013, forward thinking is needed to overcome momentary economic setbacks and map future successes in challenging new operating environments.
Concerned over the slow pace of development, India’s federal government is preparing a new set of rules for exploration and development of its coalbed methane blocks.
Unconventional gas is becoming increasingly popular across the Asia-Pacific region as an emerging energy resource, and the development of the region’s significant coal bed methane reserves could go someway towards meeting rising energy demands from regional big hitters like China and India.
Nigeria’s aspiration to further monetize its huge natural gas resources through the construction of a GTL plant is again not materializing as quickly as the country and its partners in the GTL project expected.