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News Categories: Production News

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Results49 articles shown

Yamal LNG Inks Contract with Gazprom to Supply LNG to Asia Pacific
Monday, January 26, 2015 Yamal LNG inks 20-year agreement to provide liquefied natural gas to Gazprom for delivery to Asia Pacific, primarily India.

WorleyParsonsCord Lands Construction Deal for Canadian Oil Sands Project
Monday, January 26, 2015 WorleyParsonsCord lands contract to provide fabrication, modularization and construction services for an oil sands mining project in Canada.

Norway's Troll Gas Field Suffers Unplanned Outage
Sunday, January 25, 2015 Norway's biggest natural gas field, Troll, suffers an unexpected outage.

Tethys Gets 15 Years Extension to Kyzyloi Production Contract
Friday, January 23, 2015 Tethys Petroleum gets permission from the Kazakh government to extend the Kyzyloi Gas Production Contract to December 2029.

RIA: Russia's Novatek Sees 2015 Gas Output Up 6%
Friday, January 23, 2015 Russia's Novatek sees its 2015 gas output increasing by six percent and its production of liquids more than 40 percent greater.


  



Petrobras Says Use of SESV to Install Subsea Equipment Saves Time and Money
Friday, January 23, 2015 Petrobras says the use of a subsea equipment support vessel rather than a drillship to install equipment at Sapinhoa field in the pre-salt layer of Santos Basin in Brazil has resulted in cost and time savings.

Empire Raises Red Gully B Sand Gas Reserves in Northern Perth Basin by 46%
Thursday, January 22, 2015 Empire Oil & Gas raises the Red Gully B Sand gas and condensate reserves in Northern Perth Basin, Australia by 46 percent.

Deputy PM: Russia May See Oil Output Fall by 1M BPD at Most
Wednesday, January 21, 2015 Russia may see a natural decline in oil output by around 1 million barrels per day but has no plans to cut production in coordination with OPEC, says the country's deputy prime minister.

Chevron Inks Gorgon LNG Supply Agreement with SK LNG Trading
Wednesday, January 21, 2015 Chevron inks agreement to supply 4.15 million tons of liquefied natural gas from the Gorgon project offshore Western Australia to SK LNG Trading.

Cairn Completes Catcher Farm-out to Dyas UK
Wednesday, January 21, 2015 Cairn Energy completes the farm-out of a 10-percent interest in its Catcher development, offshore UK, to Dyas UK Limited.

Buru Updates on WA Operations, Including Damaged Valve at Yulleroo Project
Wednesday, January 21, 2015 Buru Energy provides update on operations in Western Australia, including the commencement of work to replace the damaged valve at Yulleroo 2 well.

Genel Slashes 2015 Revenue Forecast on Weak Oil Prices
Wednesday, January 21, 2015 Kurdistan oil producers Genel slashes its 2015 revenue forecast, citing weak crude prices.

Huntington Oilfield Output in UK to Remain Restricted
Tuesday, January 20, 2015 Norwegian Energy Company continues to face production cutbacks an an output restriction on the Huntington field remains in place until the end of February.

PNG LNG Project Nears Financial Completion, Ends 120-Day Operational Test
Tuesday, January 20, 2015 Oil Search discloses that the PNG LNG Project has successfully completed the 120-day operational test, moving the development towards financial completion.

Sources: Oil Pipeline Through Myanmar to China Expected to Open in Jan
Tuesday, January 20, 2015 A crude oil pipeline and a deep sea port meant to secure an alternative route for Chinese imports overland through Myanmar are set to open at the end of January, but an affiliated refinery in China is months away from completion, sources say.

Source: Brazil's HRT to Buy Stake in Shell's Campos Fields
Tuesday, January 20, 2015 Brazil's HRT reaches an agreement to buy offshore assets of Shell in the Campos Basin, a source with knowledge of the deal says.

Russia's Rosneft Starts Oil Production At Arkutun-Dagi Field
Monday, January 19, 2015 Rosneft starts oil production at the Arkutun-Dagi field, part of the Sakhalin-1 project in the Russian Far East.

Oilex Get Gas Sale Go-Ahead for Cambay-77H Well
Monday, January 19, 2015 Asia-focused Oilex gets the go-ahead from the Indian government to sell gas from its Cambay-77H well.

Det Norske Starts Up Boeyla Oilfield in North Sea
Monday, January 19, 2015 Det norske oljeselskap starts up its Boeyla oilfield in the North Sea, expecting to recover 23 million barrels of oil equivalent.

ExxonMobil PNG Receives License to Develop P'nyang Field in PNG
Monday, January 19, 2015 ExxonMobil PNG receives petroleum development license for P'nyang field in Papua New Guinea.

First Oil Flows at Lucius Field in US Gulf of Mexico
Monday, January 19, 2015 Inpex reports first production commences at the Lucius oil field in the U.S. Gulf of Mexico.

Oil, Gas Output Rises In Argentina's Vaca Muerta Shale Field
Monday, January 19, 2015 Oil production in the Argentine province of Neuquen rose 6.75% in the second half of 2014 from the first half, due in part to increased output at the Vaca Muerta shale field, data shows.

Iraq Produces Record 4M Barrels per Day of Crude in December
Sunday, January 18, 2015 Iraq hits four millions barrels of crude oil per day during December.

Det Norske to Develop Viper-Kobra Project in the North Sea
Friday, January 16, 2015 Det Norske will spend $234 million developing the Viper and Kobra reservoirs in the Alvheim area of the North Sea.

Argentina's Vaca Muerta Shale Output 33,000 Bpd In Sept And Rising
Friday, January 16, 2015 Combined shale oil and natural gas output from Argentina's vast Vaca Muerta formation was about 33,000 boepd at the end of September.

Argentina's YPF Says Oil, Gas Output Rose In 2014 For Second Year
Thursday, January 15, 2015 YPF's oil and natural gas production rose in 2014 for the second year running, the company says, fanning hopes Latin America's third largest economy is on track to regaining energy self-sufficiency.

SBM Receives Formal Production Readiness Note for N'Goma FPSO
Thursday, January 15, 2015 SBM Offshore receives formal Production Readiness Note for N'Goma FPSO, which is operating for Eni in the West Hub development project in Block 15/06 offshore Angola.

DMP Assists Police in Yulleroo 2 Well Gas Leak Probe in Western Australia
Thursday, January 15, 2015 Western Australia's Department of Mines and Petroleum is assisting the police in Broome with their investigations to identify the persons who may have damaged Buru Energy's gas well in the state.

Total, BG Start Gas Production at North Sea West Franklin Field
Thursday, January 15, 2015 Total and BG Group start producing gas at the West Frankline field in the UK North Sea.

Kea Shuts in Production at Puka Site in NZ's Onshore Taranaki Basin
Thursday, January 15, 2015 Kea Petroleum shuts in production at its Puka site in PEP 51153 in New Zealand's onshore Taranaki Basin.

Petroceltic Sharpens Production Focus as Oil Prices Slump
Thursday, January 15, 2015 Irish independent oil producer Petroceltic International will focus on improving volumes and costs at its core production assets and step backwards from certain exploration projects.

Sea Oil Gets More Time from POE to Complete Thai Onshore Block Acquisition
Wednesday, January 14, 2015 Pan Orient Energy gives more time to Sea Oil to complete its $42.5 million acquisition of Block L53/48 in Thailand.

Gas2Grid Commences Technical Program at Malolos Oil Field in Philippines
Wednesday, January 14, 2015 Gas2Grid commences technical program to appraise and develop the Malolos oil field in Cebu, Philippines, while seeking a partner for the project.

Norway's Gas Production Hit by Massive Outages
Wednesday, January 14, 2015 Gas output from Norway, Western Europe's main natural gas supplier, will be hit by a massive outage at the country's biggest gas field Troll, the country's gas system operator Gassco says.

Det Norske Achieves 4Q Increase in Production
Wednesday, January 14, 2015 Det norske oljeselskap achieves a 6.8-percent quarter-on-quarter increase in net production from its Norwegian Continental Shelf assets.

OMV Aims to Boost Yemen Output to 30,000 BPD if Conditions Allow
Tuesday, January 13, 2015 Austria's OMV wants to boost its Yemeni oil output from 20,000 barrels per day to 30,000 barrels per day, according to a senior executive.

Cairn: Catcher, Kraken Developments Remain On Track
Tuesday, January 13, 2015 Cairn Energy says its Catcher and Kraken developments in the UK North Sea remain on track to deliver first oil in 2017.

AAG Reaches Production Milestones at Panzhuang CBM Concession in Shanxi
Tuesday, January 13, 2015 AAG Energy reaches new daily production milestones for coalbed methane at Panzhuang concession in China's Shanxi Province.

Newspaper: China 2014 Gas Output Growth Quickens to 10.7%
Tuesday, January 13, 2015 China's domestic natural gas production rose 10.7 percent last year, faster than in the previous year, as the country's first shale gas field added to output from conventional deposits, an official newspaper reports.

Strike Updates on Southern Cooper Basin Gas Project in SA's PEL 96
Tuesday, January 13, 2015 Strike Energy updates on the production testing program at its Southern Cooper Basin Gas Project in permit PEL 96 in South Australia.

Statoil To Shut Oil Production At Aasgard Field Due To Storm
Monday, January 12, 2015 Statoil will shut oil production at the Aasgard field in the Norwegian Sea due to an impending storm, and will reduce the number of workers at the Kristin platform, a spokesman says.

Ithaca Cuts Capex Budget by 60% for 2015
Monday, January 12, 2015 North Sea producer Ithaca Energy cuts its capital spending budget for 2015 by 60% to $150 million.

McDermott Completes Kepodang Platform Installation Offshore Indonesia
Monday, January 12, 2015 McDermott completes platform installation at the Kepodang gas field in Muriah working area offshore Indonesia for Petronas.

Matrix Delivers Installation Buoyancy Structure to Heerema for LNG Project
Monday, January 12, 2015 Matrix Composites & Engineering delivers an installation buoyancy structure to Heerema Marine Contractors for a liquefied natural gas project offshore Western Australia.

Lundin on Track to Increase Production in 2015
Monday, January 12, 2015 Lundin Petroleum expects to increase production to between 41,000 and 51,000 barrels per day in 2015.

Gulfsands Sees Good Result at Moroccan Well
Monday, January 12, 2015 Gulfsands Petroleum says its Dardara Southeast 1 well in northern Morocco flowed at 7.1 million cubic feet of gas per day following its completion.

LMC to Supply Jurong Shipyard with Turret System for Brazil's Libra FPSO
Monday, January 12, 2015 Ezra's unit London Marine Consultants clinches deal from Jurong Shipyard to supply an external turret mooring system for the Libra oil field's floating production, storage and offloading vessel to be deployed offshore Brazil.

Cosco Discontinues Octabuoy Hull and Topside Module Project
Monday, January 12, 2015 Cosco discontinues the Octabuoy hull and topside module project, resulting in a one-off charge of $72 million for the firm.

Centrica: Gas Flows to UK's Barrow South Terminal to Resume Later
Monday, January 12, 2015 A technical fault causes gas deliveries into the UK's Barrow south terminal to fall to zero.