CONOCO STUDIES CHILE
ConocoPhillips and Chile's state oil company Empresa Nacional del Petroleo (Enap) have signed a technical agreement to jointly conduct geological, geophysical, and engineering studies to determine the potential for unconventional hydrocarbon resources in the Magallanes region in southern Chile.
ConocoPhillips will contribute its technical expertise and technology in the development of these studies "to define areas of interest for the exploration and exploitation of unconventional oil and natural gas," Enap said.
The agreement was signed by Marcelo Tokman, Enap chief executive officer, and David Jones, vice-president, ConocoPhillips Ventures Ltd., South America.
Tokman stressed that this agreement was an additional initiative to the effort already being developed by Enap to strengthen the exploration and exploitation of unconventional oil and gas in the region. "Our commitment to Magallanes is to ensure the supply of gas in the long term," he said.
|September, 22, 09:20:00|
|September, 22, 09:15:00|
|September, 22, 09:10:00|
|September, 22, 09:05:00|
|September, 22, 09:00:00|
|September, 22, 08:55:00|
Instead, with the planned referendum just days away, Russian state oil giant Rosneft announced its latest investment last week, to help Iraqi Kurdistan develop its natural gas industry, for domestic supplies and eventual export.
Iran exported over 5 billion cubic meters (bcm) of natural gas during the first five months of the current Iranian calendar year (March 21-August 22), Dispatching director of National Iranian Gas Company (NIGC) announced.
Gazprom Neft has shipped its second and largest cargo of Iraqi crude to the US since the Badra field, its flagship overseas oil project, came on stream in 2014, the Russian oil company said Tuesday.
Qatargas has agreed to sell 1.5 million tpy of LNG to Turkey’s BOTAŞ Petroleum Pipeline Corporation (BOTAŞ) over a period of three years