News Categories: Production News
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Russia Ships First Oil From Disputed Offshore Arctic Platform
Friday, April 18, 2014 President Putin hails Russia's first shipment of Arctic offshore oil, saying the platform decried by environmentalists will help Moscow expand its global energy markets share.
Increase in Petroleum Production Has Positive Impact on Economy
Friday, April 18, 2014 The dramatic, almost unbelievable, increase in crude oil and natural gas production in the United States has many positive implications, Alex Mills says.
Technip Bags Kaombo Umbilical Gig Offshore Angola
Friday, April 18, 2014 Technip has been awarded a large lump-sum contract by Total E&P Angola for the umbilical system part of the Kaombo project.
Partners in Israel's Leviathan Field Bid to Sell Gas to Cyprus
Thursday, April 17, 2014 The partners developing Israel's offshore Leviathan natural gas field are looking to sell gas through a pipeline to Cyprus, officials say.
Eni, Ukraine Agree On Need To Increase Gas Production
Thursday, April 17, 2014 Eni's Poalo Scaroni and Ukraine's energy minister agree on the need to increase gas production in the country, which is at the center of escalating tensions with Russia.
Italy's Eni Invites Design Proposals for Mozambique LNG Plant
Thursday, April 17, 2014 Eni invites interested companies to put forward design proposals for a floating liquefied natural gas (LNG) plant in Mozambique.
Hallin Supports Subsea 7 in Offshore Installation Work in Bay of Bengal
Thursday, April 17, 2014 Hallin Marine provides installation support for Subsea 7 on a subsea field development project in the Bay of Bengal offshore India.
Santos Revenue Grows as Projects near Completion
Thursday, April 17, 2014 Higher oil sales offset flat production returns to bolster Australian company Santos' quarterly results.
Ezion Bags $79M Charter Contracts to Supply Service Rigs
Wednesday, April 16, 2014 Ezion Holdings bags 3-year charter contracts, worth $78.7 million, for the provision of two service rigs.
Oil Minister: Restart Of Libya's Oil Output Hard To Predict
Wednesday, April 16, 2014 Libya's oil minister says there was no clear timetable for the resumption of steady oil output as an end to the stand-off with rebels could still falter.
BHP Billiton Updates 2014 Production Guidance
Wednesday, April 16, 2014 Operational activities force the diversified resources company to adjust its petroleum division's production guidance for the current financial year.
Lukoil Sells Interest in Kazakhstan Projects to Sinopec
Tuesday, April 15, 2014 Russia's Lukoil sells stakes in four Kazakhstani hydrocarbon production projects to China's Sinopec.
Galp Beats Expectations with Big Oil Output Increase
Tuesday, April 15, 2014 Portugal's Galp sees oil and gas output jump by more than 19 percent during the first quarter of 2014.
Kuwait to Award $4.3B Contract this Year for Heavy Oil Project
Tuesday, April 15, 2014 Kuwait plans to award a $4.3B contract later this year for the first phase of a project to produce heavy oil at its northern Ratqa field.
Iraq Approves S.Korea's Daewoo $588.8M Oilfield Contract
Tuesday, April 15, 2014 Iraq's cabinet approves a $588.8M oilfield service contract with Daewoo Engineering & Construction for the development of the Zubair oil field.
Interra Drills CHK 1184, CHK 1185 Wells in Myanmar's Chauk Oil Field
Tuesday, April 15, 2014 Interra Resources commences drilling development wells CHK 1184 and CHK 1185 at the Chauk oil field in Myanmar.
NZ's Pateke-4H Well Drilling Cost to Rise Due to Operational Difficulties
Tuesday, April 15, 2014 AWE reports that drilling cost for Pateke-4H development well in petroleum mining permit 38158 offshore New Zealand is expected to rise due to operational difficulties.
US Renews ConocoPhillips' Permit For Alaska LNG Exports
Monday, April 14, 2014
Horizon Oil Gets Approval to Develop Stanley Gas, Condensate Project in PNG
Monday, April 14, 2014 Horizon Oil receives approval to develop the Stanley gas condensate project in Western Province, Papua New Guinea.
Mexico's Proven Oil And Gas Reserves Fall 3% In 2013
Monday, April 14, 2014 Mexico's proven oil and gas reserves fell 3.1% in 2013, according to energy ministry data, as the nation's once-ample shallow water deposits begin to run dry.
KCA Deutag Clinches Contract from ExxonMobil for Canada's Hebron Project
Monday, April 14, 2014 KCA Deutag clinches a drilling operations and maintenance services contract from ExxonMobil for the Hebron Project offshore Canada.
Russia, China Aim to Finish Gas Talks before Putin's May Visit
Monday, April 14, 2014 Russia and China aim to wrap up a 10-year series of talks about Russian gas supplies before Russian President Vladimir Putin visits China in May.
First Production from Sumatra's Lemang Block Likely in 2H 2015, Early 2016
Monday, April 14, 2014 Ramba Energy expects first production from Lemang block in South Sumatra in the second half of 2015 or early 2016.
Total Goes Ahead with $16B Angolan Kaombo Oil Project
Monday, April 14, 2014 Total decides to go ahead with its Kaombo oil project offshore Angola after lowering its cost by $4 billion to $16 billion.
UAE Energy Minister Hopes Western Partners Keep Oilfields Role
Friday, April 11, 2014 UAE Energy Minister hopes Western firms in charge of Abu Dhabi’s biggest oilfields would continue to keep a role, but that no firm will automatically retain concessions when they come up for renewal.
Congo Republic State Oil Firm Seeks To Revive Oilfields
Friday, April 11, 2014 NPC says it hopes to develop a strategy to pump more oil from fields under-exploited by foreign investors as part of a plan to revive oil production.
Jubilant Declares Commercial the Kathalchari Discovery in Tripura, India
Friday, April 11, 2014 Jubilant Energy declares commercial the Kathalchari discovery in Tripura block in Tripura state in northeast India's Assam-Arakan Basin.
Gas2Grid Prepares for Extended Production Test at Malolos-1 Well in Cebu
Friday, April 11, 2014 Gas2Grid prepares for extended oil production test at Malolos-1 well to confirm the commerciality of Malolos oil field in Cebu, Philippines.
Brazil's Odebrecht, Braskem to Operate US Petrochemical Project
Thursday, April 10, 2014 Brazil's Braskem and Odebrecht play leading roles in upcoming petrochemical hubs in West Virginia and Mexico.
Norway Gas Outage on Thursday to Last Longer With Smaller Impact
Thursday, April 10, 2014 A Norwegian gas outage is expected to take longer than first thought, but will have a smaller impact on gas exports, gas system operator Gassco says.
BP-Led Consortium Awards $750M Contract For Shah Deniz Gas Project
Thursday, April 10, 2014 A consortium led by BP awards a construction and supply contract to help to develop the Shah Deniz II gas field in Azerbaijan, a project that offers Europe a chance to cut reliance on Russian gas.
COSL's Newbuild PSV Prepares to Commence Work in South China Sea
Thursday, April 10, 2014 China Oilfield Services Limited takes delivery of a newbuild HYSY613 platform supply vessel, which will commence operations in South China Sea in mid-April.
High Arctic Signs Drilling Services Contract with InterOil for Work in PNG
Thursday, April 10, 2014 High Arctic Energy Services signs a 2-year drilling services contract with InterOil for work in Papua New Guinea.
Floatec Installs P-61 TLWP in Papa Terra Field in the Campos Basin
Thursday, April 10, 2014 Floatec installs the P-61 tension leg wellhead platform in the Papa Terra field in the Campos Basin offshore Brazil.
GCA Reports Higher Reserves at West Linapacan 'A' Field off Palawan Island
Wednesday, April 09, 2014 Nido Petroleum reveals increased reserves booking from the West Linapacan 'A' oil field in Service Contract 14C2 offshore Palawan Island, Philippines.
Iraq Hopes to Complete Oil Pipeline to Raise Exports This Year
Wednesday, April 09, 2014 Iraqi Oil Minister Abdul Kareem Luaibi says the country hopes this year to complete construction of a 124-mile oil pipeline to raise exports to Turkey to more than one million barrels per day.
ExxonMobil Sees PNG LNG Exports Starting Mid-Year, Below $19B Budget
Wednesday, April 09, 2014 ExxonMobil Corp is on track to start exporting liquefied natural gas from Papua New Guinea by mid-year, ahead of schedule and below its $19 billion budget, the manager of the PNG LNG project says.
National Petroleum: Ghana Oil Output To Hit Up To 110,000 Bpd In 2014
Tuesday, April 08, 2014 Ghana's Jubilee oilfield will produce up to 110,000 barrels per day in 2014, Ghana National Petroleum Corporation Chief Executive confirms.
Norway's Ekofisk Oilfield Will Next Shut for Planned Maintenance in Summer
Tuesday, April 08, 2014 Norway's Ekofisk oilfield will shut for planned maintenance in the summer of 2016, according to ConocoPhilips.
Statoil to Deploy 14 New Technologies in Canadian Oil Sands Operations
Tuesday, April 08, 2014 Statoil plans to test and deploy over the decade up to 14 new technologies that are designed to reduce energy and water use in its Canadian oil sands operations.
Shell Exports 1st Oil from Majnoon Field in Iraq
Tuesday, April 08, 2014 Shell exports it first oil from the Majnoon oilfield in southern Iraq.
Statoil Starts Up Gudrun Field
Monday, April 07, 2014 Statoil starts up the Gudrun high-temperature, high-pressure oil and gas field in the Norwegian North Sea.
Petronas Expects First Production from Tanjong Baram Field in March 2015
Monday, April 07, 2014 Petronas expects to commence production at the Tanjong Baram field offshore Sarawak, Malaysia in March 2015.
First Oil Flows from 7-SPH-04-SPS Well in Sapinhoa Field in Santos Basin
Monday, April 07, 2014 Petrobras reports production commenced at the 7-SPH-04-SPS well in Sapinhoa field in Santos Basin pre-salt region, offshore Brazil.
Kashagan May Fail to Restart this Year if Offshore Pipes Damaged
Monday, April 07, 2014 Output at Kazakhstan's Kashagan oilfield may fail to restart this year if test results show cracks in the offshore part of its pipeline network.
Rig Prepares to Drill Cambay-77H Well in Gujarat in Cambay PSC After Repair
Monday, April 07, 2014 Oilex reports that Essar Land Rig #4 has been repaired and is preparing to drill Cambay-77H well in Cambay Production Sharing Contract in Cambay Basin, Gujarat, India.
Japex Begins Japan's 1st Commercial Shale Oil Production
Monday, April 07, 2014 Japex begins the country's first commercial production of shale oil in Akita prefecture in northern Japan this month.
CBM Asia Plans to Commercialize Resource in Kutai West PSC in Kalimantan
Monday, April 07, 2014 CBM Asia reveals plans to commercialize gas resource at Kutai West production sharing contract in East Kalimantan, Indonesia.