Italian major Eni, on Aug. 30, announced the discovery of a supergiant gas field in the Mediterranean Sea off the coast of Egypt. The Zohr field is estimated to hold 30 Tcf of natural gas (5.5 Bbbls oil equivalent), though Eni believes more could be found. As it stands, the potential reserves represent the largest discovery in Egypt and the Mediterranean, topping Israel’s 16-Tcf Leviathan field.

Pipeline engineering specialist STATS Group was contracted by Apache North Sea Ltd. to isolate the Forties Pipeline System (FPS) so that subsea isolation valves (SSIV) and piping spools could be safely installed and leak tested, avoiding the need to depressurize the entire pipeline system.

The 36-inch main crude oil line is a major pipeline network in the North Sea carrying 40% of the UK's oil, with over 50 offshore assets flowing into the 169-km FPS, which runs from Forties Charlie platform to Cruden Bay terminal, transporting 700,000 bpd.

NICOSIA, Cyprus (AP) — A move by British oil and gas company BG International to buy a stake in Cyprus' offshore mineral deposits is an important step forward for the country's plans to supply Egypt with natural gas, the east Mediterranean island's energy minister said Monday.

Yiorgos Lakkotrypis said U.S. company Noble Energy has cut a deal with BG International for a 35% stake in an area, or block, where a field estimated to contain more than 4 Tcf of gas has been found.

ASHGABAT, Turkmenistan (AP) — Turkmenistan and Afghanistan have agreed to jointly launch the construction of a multi-billion dollar pipeline that will pump natural gas from Turkmenistan through Afghanistan, Pakistan and India, Turkmen state media reported Tuesday.

Turkmenistan is believed to have the world's fourth-largest gas reserves, but currently exports almost all of it to China.

Turkmen President Gurbanguly Berdymukhamedov on Monday discussed the new pipeline in a phone call with Afghan President Ashraf Ghani, who hailed it as "extremely important for the entire region."

Technip has been awarded a subsea contract by JX Nippon Oil and Gas Exploration (Malaysia) in the Layang field, Block SK10, offshore Sarawak, Malaysia at a water depth of 85 meters.

The contract covers the engineering, procurement, fabrication, installation and commissioning of three flexible pipes totaling 9.9 kilometers. The flexible pipes consist of two production risers and flowlines and one gas export riser and flowline, connecting shallow water platforms to a new FPSO(1).

CHISINAU, Moldova (AP) — A Moldovan government official says work on a pipeline that will transport natural gas from Romania to the Moldovan capital will begin next year.

The pipeline, which is expected to become operational in May 2018, will help lessen the former Soviet republic's dependency on Russia. It is an extension of one running from the northern Romanian city of Iasi to Ungheni, a Moldovan town near the Romanian border.

HELSINKI (AP) — Maersk Oil says it has permission from British authorities to develop a gas field off the British coast in the largest find in the North Sea in a decade.

The Danish company said Monday the Culzean field, discovered in 2008, has an estimated 250 to 300 MMBBls of oil equivalent, or enough to produce about 5% of Britain's total gas demand at peak production in 2020-2021.

Production is expected to start in 2019 and continue for at least 13 years. Maersk Oil, JX Nippon and BP (Britoil) are investing $4.5 billion in the development.

Shell has awarded Helix Energy Solutions Group's robotics subsidiary, Canyon Offshore a contract to trench and bury 40 km of pipe in 1,675 meters of water in the Campos Basin of offshore Brazil.

The work will be performed at the Shell-operated BC-10 field during the fourth quarter from the DP III M/V Grand Canyon I, using the T-1200 Deepwater Trenching System.

"This will be the deepest pipeline trenching project ever performed offshore Brazil, and the vessel Grand Canyon I deploying T-1200 is the perfect set of tools for the job,” said Ian Edmondstone, President of Canyon.

The Federal Energy Regulatory Commission (FERC) authorized Excelerate Energy, in cooperation with the Puerto Rico Electric Power Authority (PREPA), to site, construct and operate the Aguirre Offshore GasPort Project, off the shore of Puerto Rico.

The project will consist of a floating LNG terminal with a floating storage and regasification unit (FSRU), minimal infrastructure to moor the vessel, and a subsea pipeline to deliver the gas onshore. The facility will provide fuel to PREPA's Central Aguirre Power Complex.

Not typically thought of when considering major oil exporters, one small country holds significant potential to join the ranks of some of South America’s much larger oil producing powers.

Guyana, located along the northern coast of South America, is not an oil producer of any significance. But that could change if the large reserves of oil and gas located offshore are successfully produced.

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