News Topics: Field Development

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Libya Oil Field Idled in 2015 Now Awaits Power to Resume Pumping
Thursday, April 20, 2017 Libya's El-Feel oil field is ready to resume production after a two-year halt in operations, but there's a problem: It doesn't have enough electricity to pump the crude.

Iran Boosts Gas-Output Capacity With New Projects at Giant Field
Monday, April 17, 2017 Iran boosts output by inaugurating six projects at the giant South Pars offshore field.

NOC: Libya's Wafa Oil And Gas Field Reopens, Force Majeure Lifted
Wednesday, April 12, 2017 Libya's NOC has lifted force majeure on production from the Wafa field after an armed group reopened oil and gas pipelines leading to the Mellitah terminal, the company says.

Japan To Conduct Second Test To Produce Gas From Methane Hydrate
Monday, April 10, 2017 Japan begins preparations for a second production test to extract methane gas from methane hydrate deposits offshore Japan's central coast.

Recoverable Lancaster Resources Could Be 3x Larger Than Initially Thought
Friday, April 07, 2017 Recoverable resources from the Lancaster asset, located in the West of Shetland area, could be triple the amount outlined by a 2013 CPR figure, according to Hurricane Energy plc.

Authorities Approve Trestakk PDO
Wednesday, April 05, 2017 Norwegian authorities approve the Plan for Development and Operation (PDO) of the Trestakk discovery on the Halten Bank in the Norwegian Sea.

Russia Plans $113 Billion Total Spend on Dozens of Oil, Gas Projects
Tuesday, March 28, 2017 The former Soviet Union nation intends to spend $43 billion by 2025 to launch 29 oil and gas projects, according to GlobalData's research.

NOC: Libyan Oil Output Rises To 700,000 Bpd After Port Fighting Ends
Wednesday, March 22, 2017 Libya's oil production has reached 700,000 barrels per day, the National Oil Corporation (NOC) says.

Kazakhstan's Oil Output In Feb Exceeds Level Agreed With OPEC
Monday, March 13, 2017 Kazakhstan's oil production in February exceeded its agreed limit under an OPEC-led deal to cut output and support prices, official Kazakh data shows,

President Energy Completes First Portion of Workover Campaign
Friday, March 10, 2017 President Energy announces that the first workover of a previously producing well, DP12 at the Dos Puntitas field in Argentina, has been completed on time and on budget.

UAE Says To Cut Oil Output By More Than 139,000 Bpd In March/April
Thursday, March 09, 2017 The UAE will comply fully with its OPEC commitment to reduce oil production by more than 139,000 bpd in March and April.

Statoil Plans To Extend Statfjord A Output Until 2022
Wednesday, March 08, 2017 Norway's Statoil plans to extend production at its oldest oil platform still in operation, the Statfjord A, until 2022.

Shell Approves New Gulf Of Mexico Project, First Since 2015
Tuesday, February 28, 2017 Shell has given the go-ahead to develop its Kaikias deepwater field in the Gulf of Mexico, the first such project the oil and gas company has approved in 18 months.

Exxon Mobil to Extend Norway's Sigyn Field Lifetime Until End-2022
Friday, February 24, 2017 Norway's Petroleum Safety Authority has granted consent to operator Exxon Mobil to extend the lifetime of its Sigyn field offshore Norway until end-2022, the safety watchdog said.

Chevron Suspends Production At Gorgon Train Two LNG Project
Friday, February 24, 2017 Chevron temporarily suspends production of liquefied natural gas (LNG) at its Gorgon Train Two production line in Australia.


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