News Topics: Field Development

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Leviathan Partners Sign $2B Israeli Power Plant Natgas Deal
Thursday, December 01, 2016 The partners in the Leviathan natural gas field off Israel's coast said on Thursday they signed a deal worth about $2 billion to supply gas to Dalia Power Engines.

BP Greenlights $9B Mad Dog Platform Design
Thursday, December 01, 2016 Efforts to simplify the second Mad Dog platform design will allow the project to be profitable at current or lower oil prices.

CLNR 'Significantly' Increases Resources at License P2252
Thursday, December 01, 2016 CLNR announces a significant increase in P50 Prospective Resources on its 100% owned License P2252, from 162 billion cubic feet to 636 Bcf.

Hurricane Energy Signs FPSO Agreement for Lancaster Field
Tuesday, November 29, 2016 Hurricane Energy signs an agreement with Bluewater Energy Services for the use of the Aoka Mizu Floating Production Storage and Offloading Vessel on the company's Lancaster field, West of Shetland.

Woodside Moving Forward With Browse, Scarborough Projects At Similar Pace
Thursday, November 24, 2016 Woodside Petroleum is moving forward with its Scarborough area gas fields and its delayed Browse liquefied natural gas (LNG) project at a similar rate.

Mozambique's ENH Approves Investment Plan For Eni's Coral South Project
Wednesday, November 23, 2016 Mozambique's National Hydrocarbons Company (ENH) said on Wednesday it had approved its investment plan for the Coral South offshore gas project being led by Italian energy company Eni.

Eni Board Authorizes Investment for First Phase of Coral Discovery
Friday, November 18, 2016 Eni's board of directors authorizes the investment for the first phase of the development of the Coral discovery, located in the deep waters of the Rovuma Basin offshore Mozambique.

BP Says Jan-Sept Oil Output At Azeri Projects Up To 644,000 Bpd
Friday, November 18, 2016 Oil output from BP-led oilfields in Azerbaijan rose in the first 3 quarters of 2016 to 644,000 barrels per day.

Kazakhstan's Kashagan Produces 201,000 Tons Of Oil In October
Monday, November 14, 2016 Kazakhstan's Kashagan oil field produced about 201,000 tons of oil in October, its first full month of operation, data from the Energy Ministry's analytical center showed.

Analyst: Angolan Gas Discovery Has At Least Decade Before it Comes Online
Friday, November 11, 2016 The recently announced gas discovery in the offshore Kwanza basin has a number of hurdles to overcome, say oil and gas analysts.

BP, Oman Oil Extend Block 61 License, Pave Way for Khazzan Development
Tuesday, November 08, 2016 BP and Oman Oil Company sign an agreement with the Government of the Sultanate of Oman to extend the Oman Block 61 license area, paving the way for further development of the Khazzan project.

Russia's Rosneft Says Production Not Started at East Siberian Oilfield
Friday, November 04, 2016 Russia's largest oil producer retracts statement that it has begun production at the Yurubcheno-Tokhomskoye oilfield in eastern Siberia.

Chesapeake Energy Expects To Exit 2017, 2018 With Higher Output
Thursday, November 03, 2016 Chesapeake reports a surprise adjusted profit, helped by lower expenses, and expects to exit the next two years at higher production rates.

Maersk Oil CEO Optimistic On Tax Deal For Tyra Gas Field
Thursday, November 03, 2016 Maersk Oil remains optimistic it will secure a tax deal by the end of the year allowing it to continue production at the Tyra gas field in the Danish part of the North Sea.

Pemex Expects To Post Primary Surplus In 2017 Despite Production Drop
Thursday, November 03, 2016 Pemex will post a primary surplus next year even as crude production continues to decline, the firm says.

Statoil Submits PDO for Trestakk Discovery
Tuesday, November 01, 2016 Statoil, on behalf of the license holders, has submitted a Plan for Development and Operation of the Trestakk discovery, offshore Norway, to the Norwegian minister for petroleum and energy, Tord Lien.

OGA Attracts 29 Applications in Latest Licensing Round
Monday, October 31, 2016 The Oil and Gas Authority (OGA) has attracted 29 applications covering 113 blocks in the latest offshore licensing round, which targets under-explored areas of the UK Continental Shelf (UKCS).

Petrobras Sets 2020 For Start Of First Libra Oil Production System
Thursday, October 27, 2016 Petrobras and partners will install the first of four commercial production systems in the giant Libra offshore oil area in 2020, adding one a year through 2023.

Bolivia, Repsol to Sign Deal to Develop Two Natural Gas Fields
Wednesday, October 26, 2016 The Bolivian government and a consortium led by Spain's Repsol are to sign a potential $1-billion deal to develop two natural gas fields.

Gabon Oil Workers To End Strike At Onal Field On Wednesday
Tuesday, October 25, 2016 Oil workers will end a strike at French firm Maurel and Prom's Onal field in Gabon.

Foreign Firms To Increase Spending On Iraqi Oil Fields In Basra
Monday, October 24, 2016 Foreign oil companies will increase their investments to increase output in Basra, the main producing region of Iraq.

Cluff Natural Resources Reveals Substantial Prospective Resource Increase
Wednesday, October 19, 2016 Cluff Natural Resources plc announces a "substantial" increase in the prospective resources for its wholly owned P2248 (Block 43/11) license, located in the Southern North Sea gas basin.

MX Oil: First Sale From Oil Production at Aje Registered
Wednesday, October 19, 2016 MX Oil announces that PR Oil and Gas Limited, the holder of its investment in OML 113, has received $1.2 million from the sale of the first production of oil from the Nigerian Aje Field.

Mexico's Pemex OKs New Gulf Joint Venture In Bid To Boost Output
Tuesday, October 18, 2016 Pemex approves a joint venture for two shallow water fields in the Gulf of Mexico, the firm says.

Senior Official: Libya Resumes Output At Key Waha Oilfield
Tuesday, October 18, 2016 Libya resumes production at the key Waha oilfield last week bringing overall production to 580,000 barrels per day, a senior Libyan oil official says.


 
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