Pat Davis Szymczak

Moscow

Contributing Editor at The Journal of Petroleum Technology

Contributing Editor, Journal of Petroleum Technology (JPT / SPE); Founder, Oil&Gas Eurasia; Market Entry Consulting

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Articles

Tokyo Gas Advances LNG Ambitions With Chevron Shale Deal

1 week ago | jpt.spe.org | Pat Davis Szymczak

Japanese energy firms are seekly US liquefied natural gas (LNG) supplies with many signing long-term offtake agreements while others, such as Tokyo Gas, are eyeing strategic investments to become part of the North American gas value chain from exploration and production to liquefaction and global LNG marketing.
Turkey Strikes New Deepwater Gas Reserve in Black Sea Shelf

1 month ago | jpt.spe.org | Pat Davis Szymczak

Turkey has added another 75 Bcm to its tally of Black Sea gas reserves with the announcement of a new discovery at the Göktepe-3 well in 3500-m water depths. President Tayyip Erdogan announced the discovery at an event in Istanbul on 17 May, saying the new reserves could cover Turkey’s residential gas demand for 3.5 years while also advancing the country’s goal of becoming a regional energy export hub, Turkey’s state-run Anadolu Agency reported. State-owned Turkish Petroleum Corp.
Alberta’s Strathcona Sells Montney Assets, Acquires Hardisty Rail Terminal To Refocus on Heavy Oil Growth

1 month ago | jpt.spe.org | Pat Davis Szymczak

Calgary-basedStrathcona Resources Ltd. is selling its Montney unconventional assets for CAD 2.84 billion, according to a 14 May announcement in which Strathcona also reported closing on its acquisition of Alberta’s Hardisty Rail Terminal (HRT) where export pipelines to the US originate. Strathcona’s sale of Montney assets is split into three transactions and supports the company’s strategy to consolidate its core assets to focus on thermal oil and enhanced oil recovery operations.
TotalEnergies Breaks Ground on Low-Carbon Marsa LNG Plant in Oman

1 month ago | jpt.spe.org | Pat Davis Szymczak

TotalEnergies and its partners in Oman have broken ground on construction of the $1.6 billion all-electric-powered Marsa LNG facility to be situated at the entrance to the Persian Gulf as the first marine LNG bunker hub in the Middle East.
ExxonMobil To Invest $1.5 Billion in Nigeria’s Usan Deepwater Oil Field

1 month ago | jpt.spe.org | Pat Davis Szymczak

ExxonMobil plans to invest $1.5 billion to revitalize production at Nigeria’s Usan deepwater offshore oil field in the Niger Delta as it makes its first moves since the government approved the divestiture of the company’s onshore assets in October. Shane Harris, ExxonMobil’s managing director in Nigeria, outlined the plan in a meeting on 6 May with the chief executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) Gbenga Komolafe.
Egypt Greenlights Contracts To Expand Lukoil’s Western Desert Interests

1 month ago | jpt.spe.org | Pat Davis Szymczak

Egypt’s parliament has authorized the Ministry of Petroleum and Mineral Resources to finalize two contracts that expand the interests of Russia’s second-largest oil producer Lukoil in exploration and production in the Western Desert. The agreements approved on 30 April with Lukoil Overseas Egypt Ltd. strengthen Cairo’s strategic alliance with Moscow in energy markets, while growing Lukoil’s footprint in Africa.
Chevron Joins Pivot to Egypt’s Mediterranean Shelf After Red Sea Exit

1 month ago | jpt.spe.org | Pat Davis Szymczak

After concessions fist awarded in 2019 failed to yield discoveries, Chevron and other upstream oil and gas majors have exited exploration concessions in the Red Sea to redirect their Egyptian investment portfolios to prospects of greater commercial value.
Azerbaijan’s SOCAR Raises Profile in Israeli Offshore Gas

2 months ago | jpt.spe.org | Pat Davis Szymczak

Azerbaijan’s state oil company SOCAR has finalized a joint venture (JV) with Israel’s Union Energy & Systems A Ltd. as it continues to grow its upstream offshore gas presence in the Israeli sector of the Eastern Mediterranean. Malta's Competition and Consumer Affairs Authority (MCCAA) signed off in early April on the incorporation of Union Energy & Systems Operations Malta Ltd. which SOCAR and Union Energy will control jointly.
ADNOC Finalizes Farm-In to Mozambique’s Area 4 LNG Project

2 months ago | jpt.spe.org | Pat Davis Szymczak

ADNOC’s investment subsidiary, XRG, has closed on the acquisition of Galp’s 10% interest in Mozambique’s Area 4 concession in the Rovuma basin—Mozambique Romuva Venture (MRV), led by ExxonMobil and Eni.
BP Declares FID on Ginger Gas Field Offshore Trinidad

2 months ago | jpt.spe.org | Pat Davis Szymczak

BP Trinidad and Tobago (bpTT) has taken a final investment decision (FID) to develop the offshore Ginger gas field in the southeastern Caribbean, one of 10 new upstream projects the supermajor aims to bring on-stream by 2027. In addition to greenlighting Ginger, BP also revealed that its Frangipani exploration well east of the Mahogany field gas hub identified multiple stacked gas reservoirs within the same geological structure some 50 miles off Trinidad’s east coast.