Production problems continue for NZEC…

By Neil Ritchie NEW ZEALAND Energy Corporation’s struggles continue with further production problems and a sliding share price on the Toronto Stock Exchange. “They are struggling and no-one is sure what will happen,” one industry commentator told Oil & Gas Australia recently. “The Waihapa production station is doing great, with more third party usage but there still are some production problems,” he said, referring to the onshore Taranaki production station

QCLNG moves ahead with gas processing plants on schedule

QGC HAS started operating a network of upstream natural gas processing facilities which the company said was an important milestone to achieving a first gas production target from its Curtis Island plant in the fourth quarter of 2014. The seven facilities west of Dalby comprise six field compression stations feeding gas drawn from hundreds of wells into the larger Ruby Jo Central processing plant. The central processing plant will send

Puma Energy launches Mackay import terminal

INDEPENDENT fuel operator Puma Energy Australia has opened its first Australian greenfield import terminal in Mackay, planning to add to fuel supply options for northern Queensland’s mining community. The $70 million terminal, which has been under construction since March 2013, boasts six storage tanks with 56 megalitres of storage capacity and is joined to the port by a dedicated overground pipeline of 1.6 kilometres. The facility also has a fuel

Gorgon reaches another milestone

CHEVRON reached a key milestone in the development of its $US54 billion Gorgon liquefied natural gas project on Barrow Island, announcing the arrival of the final train 1 module. The module is Gorgon’s heaviest, weighing some 6,300 tonnes – equal to the weight of more than 2,500 average sized cars. It measures 55 metres long by 46 metres wide and is 45 metres high. The arrival on Barrow Island completes

Buoyancy supported risers boost Petrobras production

PETROBRAS’ oil production at the pre-salt layer of the Santos and Campos basins has passed its daily production record of 470,000 barrels of oil per day. “The average productivity per well from the Santos basin’s Pre-Salt Layer reached 28,000 bpd, representing an increase of almost 30 per cent since February 2013, when the daily production record of 300,000 bpd was set,” Petrobras said. Petrobras said the result, which came from

CNOOC starts oil production after strong quarter

PRODUCTION has started at China National Offshore Oil Corporation’s (CNOOC Ltd) Kenli 3-2 oilfields in May, located in the southern Bohai Sea at an average water depth of 20 metres. The project, which consists of the Kenli 3-2, Bozhong 34-6/7, southern part of Bozhong 29-4 and Bozhong 35-2 oilfields, is expected to produce 35,000 barrels of oil per day at peak production. The primary production facilities include seven offshore platforms

CNPC opens Turkmenistan processing plant

CHINA National Petroleum Corporation (CNPC) has opened a gas processing plant at its Amu Darya project in the Bagtyýarlyk contract area in Turkmenistan. The No. 2 gas processing plant was formally opened by Turkmen president Gurbanguly Berdymukhamedov in early May. CNPC is the natural gas processing and exploration and production contractor of the Bagtyýarlyk contract area, which started delivering natural gas to China on 14 December, 2009, with From then

WorleyParsons in LNG Canada services JV

WORLEYPARSONS’ Canadian arm will team with Chiyoda Corporation, Foster Wheeler and Saipem in a joint venture (CFSW JV) for work on the LNG Canada Project, in Kitimat, British Colombia. The contract will see the group provide front-end engineering design (FEED) and project execution services for the proposed liquefied natural gas export project at the site. The LNG Canada Project will initially comprise two processing trains, each with a production capacity

Inpex MD predicts a busy 2014

INPEX will soon pass the 50 per cent completion mark of its massive US$34 billion Ichthys project off the WA coast, project managing director Louis Bon told delegates at the APPEA conference. A series of milestones were met at the project in recent months as the project operator travels towards first liquefied natural gas shipments in 2017, with a number of new contracts also announced in April. The project comprises