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News Categories: Production News

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Results41 articles shown

DNV Wins Verification Services Contract with Wintershall
Thursday, January 29, 2015 Technical services firm DNV is selected by Wintershall Norge to supply verification services for the SURF part of the Marian field development project in the Norwegian Sea.

Indonesia Plans to Produce 825,000 Bopd in 2015, Up 4% YOY
Thursday, January 29, 2015 Indonesia plans to produce 825,000 barrels of oil per day in 2015, up 4% from last year, while a decision on contract extension for the Mahakam block is expected in February.

Cyprus in Talks with Noble on Exploitation of Gas Find
Wednesday, January 28, 2015 Cyprus and US independent energy firm Noble discuss the potential exploitation of a gas field discovered in 2011.

Australia State Suspends AGL's Fracking License, Banned Chemicals Found
Wednesday, January 28, 2015 An Australian state government suspends AGL Energy's license to operate a pilot coal seam gas field after banned chemicals were found in water supplies.

CNPC Completes China's Deepest Onshore Well in Tarim Oilfield
Wednesday, January 28, 2015 CNPC completes Keshen-902 appraisal well, China's deepest onshore well, in Tarim Oilfield.


  



MedcoEnergi Inks Agreement to Sell Gas from Aceh's Block A to Pertamina
Wednesday, January 28, 2015 MedcoEnergi inks agreement to sell $2 billion of gas to Pertamina from Block A, Aceh, Indonesia.

Russia's Gazprom Cancels Plans to Expand Nord Stream
Wednesday, January 28, 2015 Russia's Gazprom cancels a plan to build two more branches of the Nord Stream natural gas pipeline, according to sources.

Oil Ministry: South Sudan Oil Production Rises To 169,000 Bpd
Tuesday, January 27, 2015 South Sudan's oil production has risen by about 9,000 bpd to 169,000 bpd from December last year, petroleum minister Stephen Dhieu Dau says.

Norway's Snoehvit LNG Plant Shut Due to Gas Alarm
Tuesday, January 27, 2015 Production at Norway's Snoehvit liquefied natural gas plant stops due to a gas leak.

Nigeria's Forcados Oil Pipeline Resumes after One-Week Shutdown
Tuesday, January 27, 2015 Nigeria resumes operations at its Trans Forcados oil pipeline after the pipeline was shut down for a week due to sabotage.

Ghana's OCTP Project Gets Go-Ahead
Tuesday, January 27, 2015 Eni's OCTP project in Ghana gets the go-ahead, with first oil expected in 2017.

Rival Minister: Libya Producing 363,000 BPD of Oil
Monday, January 26, 2015 Libya, struggling to reopen ports and oilfields hit by fighting, is producing 363,000 barrels of oil per day (bpd) and exporting around 200,000, the oil minister appointed by forces in control of the capital Tripoli says.

Green Dragon on Target for 12BCF of Gas in 2015
Monday, January 26, 2015 Green Dragon Gas says it is on target to achieve its 2015 year-end production objective of 12 billion cubic feet of gas.

Rival Minister: Libya Producing 363,000 Barrels per Day
Monday, January 26, 2015 Oil output from Libya fells to 363,000 barrels per day amid fighting.

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.

Kemp: North Dakota Oil Rigs Drop Points To US Output Decline After May
Monday, January 26, 2015 The decline in oil drilling in the US should ensure that US production peaks by April or May.

Nigeria's Forcados Oil Pipeline Resumes after One-Week Shutdown
Monday, January 26, 2015 Nigeria Resumes Operations on its Trans Forcados oil pipeline, after the close of a part of the network almost halved the country's gas production.

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

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.