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Methane hydrate, found below the deep-ocean floor off the coast of Japan, has the potential to meet Japan's natural gas needs. JOGMEC (Japan Oil, Gas and Metals National Corporation) is closely involved in the planning and investigation necessary to make this resource available for practical...

Ophir's Fortuna project entered FEED in July 2015 and FID is expected once the financing solution has finalised. The field is expected to produce 2.2mmtpa and Ophir currently has an 80% working interest in the Upstream PSC. Fortuna-2 DST flowed gas to surface at a constrained rate of...