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News Categories: Production News

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Loyz Inks MOUs with Sun Petrochemicals for Upstream Projects in India
Monday, March 30, 2015 Loyz Energy inks two memorandum of understanding with Sun Petrochemicals' unit Sun Oil & Natural Gas on upstream projects in India.

CNOOC to Boost Output 18% Over 3 Years; Vows Cost Cuts
Friday, March 27, 2015 CNOOC aims to boost output by 18% over the next three years, after reporting stronger-than-expected 2014 profit on cost cuts and higher production.

NOC Data: Libya Boosts Oil Output Despite Turmoil
Friday, March 27, 2015 Libya, struggling with militant attacks and two governments vying for control of the country, has boosted oil production to around 622,000 bpd, a report from NOC says, higher than previously expected.

Energy Minister: Indonesia's Pertamina To Operate Mahakam Block From 2018
Friday, March 27, 2015 Indonesia's Pertamina will operate the Mahakam natural gas block offshore East Kalimantan, according to the country's energy minister.

Lion Reports Significant Gas Shows at Lofin-2 Well in Indonesia's Seram PSC
Thursday, March 26, 2015 Lion Energy says CITIC finds significant gas shows at Lofin-2 appraisal well in the Seram (Non-Bula) Production Sharing Contract in eastern Indonesia.


BlackRock, First Reserve Take $900M Stake In Mexico Pipeline Project
Thursday, March 26, 2015 BlackRock and First Reserve have taken a joint stake worth around $900 million in the second phase of Mexico pipeline project Los Ramones, Pemex says.

Swiber Lands $405.6M Contracts, Including a $333M EPCI Deal from Indian NOC
Thursday, March 26, 2015 Swiber lands $405.6 million contracts, including a $333 million deal for engineering, procurement, construction and installation services to a national oil company in India.

Petrobras Confirms Presence of Hydrocarbons at C1 Well in Santos Basin
Wednesday, March 25, 2015 Petrobras confirms presence of hydrocarbons at C1 well in Libra block in Santos Basin, offshore Brazil.

US Senate Democrats Push White House On Oil Train Safety
Wednesday, March 25, 2015 US Senate Democrats urge the White House to implement national oil train safety standards and to do more to control the volatility of crude moving in those shipments.

Oceaneering, GE Oil & Gas Bag Subsea Contract for Ghana's OCTP Project
Tuesday, March 24, 2015 The Oceaneering-GE Oil & Gas consortium secures a subsea equipment contract for the Offshore Cape Three Point Project offshore Ghana, West Africa.

BG's Norwegian Knarr Oilfield Halts Output Due to Fire
Tuesday, March 24, 2015 A small fire breaks out on floating production vessel serving BG Group's Knarr oilfield in the Norwegian North Sea.

First Oil Flows from Offshore Maari MR6A Development Well in Taranaki Basin
Tuesday, March 24, 2015 First oil flows from the Maari MR6A development well in Taranaki Basin, offshore New Zealand.

Cooper Energy Plans Production Test at Bunian-3 Development Well in Sumatra
Tuesday, March 24, 2015 Cooper Energy plans to carry out production testing at Bunian-3 development well in Sukananti KSO in South Sumatra, Indonesia.

Northern Gulf Petroleum in Default on Manora Oil Project Offshore Thailand
Monday, March 23, 2015 Mubadala Petroleum informs Northern Gulf Petroleum that the latter is in default regarding the Manora oil development in G1/48 concession in the Gulf of Thailand.

Central Petroleum Commissions Dingo Gas Project in Northern Territory
Monday, March 23, 2015 Central Petroleum successfully commissions the Dingo Gas Project in Northern Territory, Australia.

Angola's Saturno oil output restarted over the weekend
Monday, March 23, 2015 Angola's Saturno field restarted production over the weekend, according to traders.

Victoria Supplying Gas to Cameroon's Bassa Power Station
Monday, March 23, 2015 Victoria Oil & Gas is now supplying approximately 4.5 million cubic feet of gas per day to Bassa Power Station in Cameroon.

GSS Energy Says Central Java's Trembul Field Holds 32.8M Barrels of Oil
Monday, March 23, 2015 GSS Energy says the Trembul field in central Java, Indonesia holds around 32.8 million barrels of oil.

Woodside Restarts Production at Pluto LNG Plant in Western Australia
Friday, March 20, 2015 Woodside restarts production at its Pluto liquefied natural gas plant in Burrup Peninsula, Western Australia.

Wood Mac: Deepwater Gulf of Mexico to be 'Resilient' in 2015
Friday, March 20, 2015 Wood Mackenzie expects momentum from 2014, which marked the first year of production growth since 2009, to continue in 2015.

Shell Completes Divesting 30% Stake in Nigeria's OML 18 to Eroton for $737M
Friday, March 20, 2015 Shell completes divesting 30 percent stake in OML 18 and related facilities in the Eastern Niger Delta, Nigeria to Eroton for $737 million.

Apache: N. Sea Forties Echo Platform Back To Full Output
Friday, March 20, 2015 Production at the Forties Echo platform in the North Sea is back online, a spokesman for operator Apache North Sea says.

Petrobras Halts Giant Production Unit As Safety Problems Found
Friday, March 20, 2015 Petrobras says it shut its P-58 offshore oil production ship after ANP found irregularities on board the vessel, one of the company's most important offshore production systems.

Angola Sees Oil Output Rising 10% This Year to 1.84M Bpd
Friday, March 20, 2015 Angola expects oil output to average 1.84 million barrels per day (bpd) this year, up 10 percent from 1.67 million bpd in 2014, according a revised 2015 budget passed by parliament, the state news agency says.

Gulf Keystone Ramps Up Oil Production at Shaikan Field in Kurdistan
Thursday, March 19, 2015 Gulf Keystone ramps up oil production at Shaikan field in Kurdistan, Iraq.

Israel's Tamar Group to Sell Gas to Egypt via Pipeline
Wednesday, March 18, 2015 A group of private customers in Egypt agree to buy at least $1.2 billion of gas from Israel's offshore Tamar field.

KNOC Contracts Land Rig 'KS Discoverer 1' for Drilling in Kurdistan
Wednesday, March 18, 2015 KS Energy's onshore rig KS Discoverer 1 secures contract from Korea National Oil Corp. to drill in Kurdistan, Iraq.

TAG Oil Prepares Cheal-E2 Well in Taranaki Basin's PEP 54877 for Production
Wednesday, March 18, 2015 TAG Oil prepares Cheal-E2 well in PEP 54877 in New Zealand's Taranaki Basin for production.

Minister: Noble Set to Declare Cyprus Natural Gas Find Viable
Tuesday, March 17, 2015 Noble Energy is expected to declare its Aphrodite natural gas field offshore Cyprus commercially viable within weeks, according to the country's energy minister.

Lukoil Closes Offshore Cameroon Deal
Tuesday, March 17, 2015 Lukoil closes a deal that will see it take part in the development of the Etinde block, offshore Cameroon.

Lion Energy Continues Drilling at Lofin-2 Well in Seram PSC in Indonesia
Tuesday, March 17, 2015 Lion Energy continues with drilling operations at the Lofin-2 appraisal well in Seram (Non-Bula) Production Sharing Contract in eastern Indonesia.

ConocoPhillips Expects Output To Rise 11% In Next 3 Years
Tuesday, March 17, 2015 ConocoPhillips expects production to climb 11% to touch 1.7 million barrels of oil equivalent per day in 2017.

Canada Transport Watchdog Wants New Tank Cars In Service Earlier
Tuesday, March 17, 2015 Canada's transportation watchdog says recent fiery derailments of trains hauling crude oil means a new generation of stronger tanker wagons should be introduced ahead of schedule.