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News Categories: Production News

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Results33 articles shown

Russia's Sole Offshore Arctic Field To Double Oil Output In 2015
Friday, April 24, 2015 Gazprom Neft plans to more than double oil output this year at the Prirazlomnoye field, Russia's sole Arctic offshore oil project.

Sources: Iraq Tells Partners to Lift Basra Heavy Crude from May
Friday, April 24, 2015 Iraq's State Oil Marketing Organisation tells its oil firm partners to start loading Basra heavy crude from May instead of its flagship light grade.

Australian Court Allows Metgasco to Resume Coal Seam Gas Drilling
Friday, April 24, 2015 Australia's Metgasco wins a court ruling that allows it to resume coal-seam gas drilling.

Cosco Dalian Bags MODEC's $95M FPSO Conversion Contract
Thursday, April 23, 2015 China's Cosco Dalian bags MODEC's $95 million floating production, storage and offloading conversion contract.

Total-led LNG Project in Papua New Guinea Targets 1st Gas in 2021
Wednesday, April 22, 2015 The first shipments from a new liquefied natural gas project in Papua New Guinea operated by Total are expected in 2021.


  



Iraq's 2015 Oil Output Seen Flat, Next Year A Challenge
Wednesday, April 22, 2015 A boost in Iraq's crude production next year will prove to be even more challenging if oil prices remain low and Baghdad fails to repay companies or approve field development plans.

Cooper Energy Prepares for Production Test at Bunian-3 ST2 Well in Sumatra
Tuesday, April 21, 2015 Cooper Energy prepares for production testing at Bunian-3 ST2 development well in Sukananti KSO in South Sumatra, Indonesia.

Chevron's Kazakh Joint Venture Slows Expansion Plans Due To Weak Oil Price
Tuesday, April 21, 2015 Kazakhstan's leading oil producer slows its expansion plans further and cuts planned spending in response to lower oil prices, a senior executive at Chevron's joint venture TCO says.

Norway Considers Support For Statoil Project
Tuesday, April 21, 2015 Norway will ask European competition authorities whether it can provide state support to Statoil to bring oil and gas to the shore from its Johan Castberg field.

Interra Completes CHK 1196 Well in Myanmar's Chauk Field as an Oil Producer
Monday, April 20, 2015 Interra Resources completes CHK 1196 development well in Chauk field in Myanmar as an oil producer.

ONGC Fights Fire at Olpad-31 Gas Well in India, 12 Injured
Monday, April 20, 2015 ONGC engages Boots & Coots for help in controlling a fire that broke out Saturday at Olpad-31 gas well near Surat in India which injured 12 persons.

RISC Releases Resource Report for Oilex-Operated Cambay Field in India
Friday, April 17, 2015 Oilex provides details of an independent resource report by RISC on gas and condensate reserves estimates for the Cambay field in Gujarat, India.

Norway's Minister of Petroleum Opens Valemon Field
Friday, April 17, 2015 Norway's Valemon field is officially opened.

Nervesa Gas Field Gets Environmental OK
Friday, April 17, 2015 Sound Oil says it is set to receive the go-ahead to produce from its Nervesa gas field in northern Italy after getting environmental approval from the Veneto region.

Santos Expects First LNG from Queensland's GLNG Project in 3Q 2015
Friday, April 17, 2015 Santos expects first LNG from Australia's GLNG project in third quarter 2015 as the development in Queensland is nearly 95 percent complete.

Buru-Mitsubishi JV Moves Nearer to Developing WA's Ungani Oil Field
Thursday, April 16, 2015 Buru Energy and its partner Mitsubishi move nearer to developing the Ungani oil field in Western Australia.

Dragon Oil Raises 1Q Output from Turkmenistan Fields
Thursday, April 16, 2015 Dragon Oil increases production from its flagship Cheleken fields in Turkmenistan.

SPE Starts Arbitration Proceedings Against Lemang PSC Operator Hexindo
Thursday, April 16, 2015 Ramba Energy says Super Power Enterprises commences arbitration proceedings against its unit PT Hexindo Gemilang Jaya, which is the operator of the Lemang Production Sharing Contract in Sumatra, Indonesia.

Technip, COOEC Bag FEED Contract for Liuhua Project in South China Sea
Thursday, April 16, 2015 The Technip-COOEC consortium bags a front end engineering design contract from CNOOC for two tension leg platforms for the Liuhua 11-1 and 16-2 joint development projects in the South China Sea.

Russia's Lukoil Says Was Asked to Reduce Iraq Output
Wednesday, April 15, 2015 Russia's Lukoil says it was asked to sharply reduce output in Iraq this year.

Swiber Clinches $133M EPIC Contract from an Indian NOC
Wednesday, April 15, 2015 Swiber clinches a $133 million engineering, procurement, installation and construction services contract in India from a national oil company.

Kongsberg Clinches $10M Contract from Saipem for Ichthys LNG Project Off WA
Wednesday, April 15, 2015 Kongsberg clinches $10 million contract from Saipem to deliver subsea structures for the Ichthys gas project offshore Western Australia.

Europa 'Poised' for Increased Production
Wednesday, April 15, 2015 Europa Oil & Gas says it is "poised" to see an increase in production, revenue and cash flow in spite of the low oil price.

Citic Continues Drilling at Lofin-2 Appraisal Well in Indonesia's Seram PSC
Wednesday, April 15, 2015 Citic continues drilling at Lofin-2 appraisal well in Seram (Non-Bula) production sharing contract in eastern Indonesia.

Dutch Court Does Not Order Production Halt at Groningen Gas Field
Tuesday, April 14, 2015 A Dutch high court says it will not order a complete halt to gas production at the Groningen gas field.

Lundin Flows First Oil from Bertam Field Offshore Sabah
Tuesday, April 14, 2015 Lundin Petroleum commences first production from the Bertam oil field in Block PM307 offshore Sabah, Malaysia.

Sakhalin-1 Sets New Extended Reach Drilling Record
Tuesday, April 14, 2015 Sakhalin-1 Consortium drills the world's longest well at the Chayvo field in the Russian Far East.

Kemp: US Shale Boom Nears Turning Point
Tuesday, April 14, 2015 Oil production from major US shale plays will decline by almost 60,000 barrels per day between April and May.

MODEC Secures Japanese Partners in Petrobras FPSO Project
Tuesday, April 14, 2015 Three Japanese partners join MODEC to provide a floating production, storage and offloading vessel to Petrobras for the Tartaruga Verde and Tartar Mestica oil fields offshore Brazil.

WorleyParsons Lands Deal for Ophir's Fortuna Project in Equatorial Guinea
Monday, April 13, 2015 WorleyParsons lands deal to provide engineering and project management services to Ophir Energy for the Fortuna Project offshore Equatorial Guinea.

EIA: US Shale Oil Output To Fall In May, First Drop In 4 Years
Monday, April 13, 2015 Oil production from the fastest-growing US shale plays is set to fall some 45,000 barrels per day to 4.98 million bpd in May from April.

Ithaca Finishes Stella Field Development Drilling
Monday, April 13, 2015 Ithaca Energy completes flow test operations on the final development well on its Stella field, with the well achieving a flow rate of more than 8,000 barrels per day.

Bumi Armada Forms JV for EPCC of Indonesia's Madura BD Field FPSO Project
Monday, April 13, 2015 Bumi Armada forms joint venture to undertake engineering, procurement, conversion and construction of a floating production, storage and offloading vessel for the Madura BD Field project in Indonesia.