Здравствуйте. Вся информация этого сайта бесплатна. Вы можете сделать пожертвование и поддержать наше развитие. Спасибо.

Hello. All information of this site is free of charge. You can make a donation and support our development. Thank you.

2017-06-20 14:20:00

INDIAN GAS INVESTMENT: $6 BLN

INDIAN GAS INVESTMENT: $6 BLN

OGJBP PLC and Reliance Industries Ltd. (RIL) have agreed to expand their energy partnership in India and will move forward in developing already-discovered deepwater gas fields.

The firms will award contracts to advance development of the R-Series deepwater gas fields on Block KGD6 offshore eastern India. The R-series (D34) project is a dry gas development in more than 2,000 m of water about 70 km offshore. The fields will be developed as a subsea tieback to the existing control and riser platform off Block KGD6. The project is expected to produce as much as 12 MMcfd of gas coming on stream in 2020.

It's the first of three planned projects on Block KGD6 that are expected to be developed in an integrated manner, producing from about 3 tcf of discovered gas resources. RIL and BP plan to submit development plans for the next two projects for government approval before yearend. Development of the three projects, with total investment of $6 billion, is expected to bring a total 1 bcfd of new domestic gas production on stream, phased over 2020-22.

BP and RIL partnered in 2011 when BP acquired 30% interest in multiple oil and gas blocks in India operated by RIL, including the producing Block KGD6. RIL currently operates KGD6 with 60% interest, while BP still holds 30% and Niko Resources Ltd. has the remaining 10%.

BP and RIL together invested $1.6 billion in deepwater exploration and production from 2011 through this May. In addition to the D55 gas discovery in 2013, the partnership has sustained production from the geologically complex reservoirs in D1D3 and D26 fields on Block KGD6.

As part of the expanding partnership, the firms also will jointly explore options to develop differentiated fuels, mobility, and advanced low-carbon energy businesses in India.

-----

Earlier:

INDIA:

MAJOR INDIAN CONSUMPTION 

INDIA'S ENERGY TRANSFORMATION 

HEAVY INDIA'S ENERGY 

INDIAN OIL UP 66% 

INDIA'S OIL CONSOLIDATION 

INDIA'S OIL DEMAND UP 

INDIA'S LNG IMPORTS UP 18%

 

BP: 

BP'S PROFIT $1.5 BLN 

BP SELL REFINERIES 

BP'S GROWTH 

BP ENERGY OUTLOOK 2035 

BP LOSS $999 MLN 

BP: OIL DEMAND GROWS 

BP: IMPROVING ENERGY EFFICIENCY

 

 

Tags: INDIA, GAS, INVESTMENT, BP, RIL

Chronicle:

INDIAN GAS INVESTMENT: $6 BLN
2018, July, 16, 10:35:00

CHINA'S INVESTMENT FOR NIGERIA: $14+3 BLN

AN - China National Offshore Oil Corp. (CNOOC) is willing to invest $3 billion in its existing oil and gas operation in Nigeria, the Nigerian National Petroleum Corporation (NNPC) said on Sunday following a meeting with the Chinese in Abuja.

INDIAN GAS INVESTMENT: $6 BLN
2018, July, 16, 10:30:00

LIBYA'S OIL DOWN 160 TBD

REUTERS - Production at Libya’s giant Sharara oil field was expected to fall by at least 160,000 barrels per day (bpd) on Saturday after two staff were abducted in an attack by an unknown group, the National Oil Corporation (NOC) said.

INDIAN GAS INVESTMENT: $6 BLN
2018, July, 16, 10:25:00

BAHRAIN'S GDP UP 3.2%

IMF - Output grew by 3.8 percent in 2017, underpinned by a resilient non-hydrocarbon sector, with robust implementation of GCC-funded projects as well as strong activity in the financial, hospitality, and education sectors. The banking system remains stable with large capital buffers. Growth is projected to decelerate over the medium term.

INDIAN GAS INVESTMENT: $6 BLN
2018, July, 16, 10:20:00

NIGERIA'S GDP UP 2%

IMF - Higher oil prices and short-term portfolio inflows have provided relief from external and fiscal pressures but the recovery remains challenging. Inflation declined to its lowest level in more than two years. Real GDP expanded by 2 percent in the first quarter of 2018 compared to the first quarter of last year. However, activity in the non-oil non-agricultural sector remains weak as lower purchasing power weighs on consumer demand and as credit risk continues to limit bank lending.

All Publications »