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Oil & Gas

Oil & Gas

Cluff sitting on a vast gas resource

North Sea pioneer Algy Cluff’s coal gasification business is well placed to set to help secure UK energy supply, a report has claimed. Cluff Natural Resources, which owns a number of near-shore licensed fields where coal can used to produce “syngas”, is estimated to be sitting on a potential 3 trillion cubic feet of natural gas on a conservative conversion, analysts at brokers Panmure Gordon said

Oil & Gas

Russia gives Ukraine leeway on gas as five rebels die in Luhansk

Russia is ready to consider lowering the price paid by Ukraine if the country pays its debt, Miller said in an e-mailed statement. Ukraine still owes for supplies in April and May. Russia plans to submit a United Nations Security Council resolution today seeking a cease-fire and peace talks in eastern Ukraine, Foreign Minister Sergei Lavrov said at a televised news briefing in Moscow. The proposal would create humanitarian aid corridors, allowing civilians to seek safety and access for the Red Cross. “We deliberately framed our resolution in a depoliticized way, focusing on measures that can quickly relieve the suffering of the civilian population,” Lavrov said. “We hope the humanitarian character of our resolution will be understood correctly by the UN Security Council and will be adopted rapidly.”

Oil & Gas

Weatherford teams with Chinese firms

Weatherford, Sinopec Oilfield Service Corporation and Shengli Highland Petroleum Equipment have entered into an agreement to form a new equity JV company in China.

Oil & Gas

Aubin lift bags grabbing interest

Aubin has opened discussions with Norwegian and UK interests following successful West Coast trials with its LiquiBuoy gel bag-based subsea lifting system. However, subsea business director Serina Alif told Energy that it is too early to determine where the discussions might lead or when and where related trials might take place. The Ellon company is fresh from successful trials with the system at the Underwater Centre, Fort William, where it was deployed handling a 300kg subsea spool piece unit, also a steel clump weight of three tonnes in water depths to 100m.

Oil & Gas

Fugro strengthens GoM presence

Dutch group Fugro is expanding its survey fleet in the Gulf of Mexico to include a new AUV . . . the Echo Surveyor VII, and a new vessel . . . the Fugro Americas.