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News Topics: Field Development

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

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.

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.

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.

Otto Marine Delivers 4 OSVs, Including 2 AHTS, to Pertamina's Subsidiary
Thursday, April 16, 2015 Otto Marine delivers four offshore support vessels, including two anchor handling tug supply vessels, to PT Pertamina Trans Kontinental at its yard in Batam, Indonesia.

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

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.

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.

Wintershall Strengthens Position in Southern North Sea
Wednesday, April 15, 2015 German oil and gas producer Wintershall plans to step up its activities in the southern North Sea.

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.

Papua New Guinea In Talks To Raise Billions To Fund Oil, Gas Plans
Tuesday, April 14, 2015 Papua New Guinea's NPCP is looking to raise billions of dollars to help fund new oil and gas projects, as the South Pacific country battles a sharp slump in forecast revenue.

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.

Subsea 7 Bags $200M Contract from Petrobras for Offshore Brazil Projects
Tuesday, April 14, 2015 Subsea 7 bags $200 million contract to install flexible lines for Petrobras' oil and gas projects offshore Brazil.

PT Synergy Engineering Bags FEED Contract for East Java's Lengo Gas Field
Monday, April 13, 2015 KrisEnergy awards front-end engineering and design contract for the Lengo gas development, offshore East Java, Indonesia to PT. Synergy Engineering.

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.

Iran Seeks to Mend Fences with Chinese Oil Firms to Get Projects Going
Thursday, April 09, 2015 Iran hopes to resolve differences with Chinese energy companies on oil and gas projects in the Islamic republic, as Tehran wants to be ready to raise output quickly after a potential lifting of sanctions this year, Iranian oil officials say.

YPF: Argentina's Vaca Muerta Shale Output Rises To 45,000 Bpd
Thursday, April 09, 2015 Argentina's crude oil output from the vast but barely-tapped Vaca Muerta shale formation increases to between 44,000 and 45,000 bpd.

Mubadala Completes Development Drilling at Manora Oil Project Off Thailand
Thursday, April 09, 2015 Mubadala Petroleum completes developing drilling at Manora oil field in the Gulf of Thailand.

Total's CEO To Visit Russia's Yamal LNG Project
Wednesday, April 08, 2015 Total's chief executive will travel this week to northwest Siberia to visit Russia's showcase $27 billion Yamal gas project in which the French oil major owns a 20 percent stake, a Total spokeswoman says.

Mexico's Pemex Sees Output At Blaze Platform At 80% Next Week
Tuesday, April 07, 2015 Pemex restarts production at an oil processing platform which went up in flames last week on the Gulf of Mexico, and production levels there would be at 80% of pre-accident levels by next week.

Brazil's Oleo e Gas, OSX In Talks To Halt Tubarao Azul Oil Output
Tuesday, April 07, 2015 Brazil's Oleo e Gas Participacoes is in talks with units of OSX Brasil to halt output from its Tubarao Martelo offshore oil field, Oleo e Gas says.

Sino G&E Raises Gas Production at Sanjiaobei PSC in China's Ordos Basin
Tuesday, April 07, 2015 Sino Gas & Energy increases production at Sanjiaobei Production Sharing Contract in Ordos Basin in China's Shaanxi province to around 6 million standard cubic feet per day.

Libya's AGOCO Producing 317,000 Bpd, Brega Oil Port Still Closed
Monday, April 06, 2015 AGOCO is producing 317,000 barrels per day (bpd), the highest level in the last two years, the company's spokesman says.

Petro River Oil Updates Pearsonia Ops in Osage County
Friday, April 03, 2015 Petro River Oil provided an update on its proposed drilling program on its Pearsonia West Concession, as well as other recent corporate activities.

InterMoor Wraps Up Ops at Offshore Angola Gig
Friday, April 03, 2015 InterMoor completes offshore operations for the disconnection and laydown of risers and mooring lines on a major FPSO facility offshore Angola.

Aminex Expects Kiliwani North Development to Flow Gas Late in 1H 2015
Wednesday, April 01, 2015 Aminex expects to commence gas production from the Kiliwani North Development in Tanzania towards the end of first half 2015.

Apache's New Technology Yields 'Strong' Drilling Results in Egypt
Tuesday, March 31, 2015 Apache reports strong appraisal- and development-drilling results from Egypt following the previously announced discovery of two new oil fields in the Western Desert.

Rosneft's Vankor Oil Output May Start Declining Next Year
Monday, March 30, 2015 Oil output at Rosneft's Vankor deposit, a driver of Russia's recent oil production growth, may start declining next year, a top company official says.

Beach Ups Contingent Resources of Nappamerri Trough Project, Chevron Quits
Monday, March 30, 2015 Beach Energy raises natural gas contingent resources at Nappamerri Trough project in Queensland, Australia as Chevron withdraws from the project.

CNOOC to Boost Output 18% Over 3 Years; Vows Cost Cuts
Friday, March 27, 2015 CNOOC aims to boost output by 18% over the next three years, after reporting stronger-than-expected 2014 profit on cost cuts and higher production.

Swiber Lands $405.6M Contracts, Including a $333M EPCI Deal from Indian NOC
Thursday, March 26, 2015 Swiber lands $405.6 million contracts, including a $333 million deal for engineering, procurement, construction and installation services to a national oil company in India.

Analyses Confirm Potential of M Prospect on the Isle of Wight
Wednesday, March 25, 2015 UK Oil & Gas says subsurface analyses of the onshore P1916 license on the Isle of Wight, southern England, confirms potential for 'significant' hydrocarbon volumes.

Central Petroleum Commissions Dingo Gas Project in Northern Territory
Monday, March 23, 2015 Central Petroleum successfully commissions the Dingo Gas Project in Northern Territory, Australia.

Angola's Saturno oil output restarted over the weekend
Monday, March 23, 2015 Angola's Saturno field restarted production over the weekend, according to traders.

Victoria Supplying Gas to Cameroon's Bassa Power Station
Monday, March 23, 2015 Victoria Oil & Gas is now supplying approximately 4.5 million cubic feet of gas per day to Bassa Power Station in Cameroon.

Apache: N. Sea Forties Echo Platform Back To Full Output
Friday, March 20, 2015 Production at the Forties Echo platform in the North Sea is back online, a spokesman for operator Apache North Sea says.

Petrobras Halts Giant Production Unit As Safety Problems Found
Friday, March 20, 2015 Petrobras says it shut its P-58 offshore oil production ship after ANP found irregularities on board the vessel, one of the company's most important offshore production systems.

Israel's Tamar Group to Sell Gas to Egypt via Pipeline
Wednesday, March 18, 2015 A group of private customers in Egypt agree to buy at least $1.2 billion of gas from Israel's offshore Tamar field.

Osborne Reveals Raft of Measures to Boost UK Oil Production
Wednesday, March 18, 2015 UK Chancellor George Osborne announces a raft of measures aimed at boosting oil and gas production as part of his 2015 Budget speech.

Minister: Noble Set to Declare Cyprus Natural Gas Find Viable
Tuesday, March 17, 2015 Noble Energy is expected to declare its Aphrodite natural gas field offshore Cyprus commercially viable within weeks, according to the country's energy minister.

Lukoil Closes Offshore Cameroon Deal
Tuesday, March 17, 2015 Lukoil closes a deal that will see it take part in the development of the Etinde block, offshore Cameroon.

Big Foot Platform Heads to Deepwater Gulf Home
Monday, March 16, 2015 Chevron's Big Foot platform is en route to its offshore home in the Walker Ridge area of the Gulf of Mexico.

Sirius Continues Work to Secure Funds for Ororo Development
Monday, March 16, 2015 Sirius Petroleum continues to work on the completion of a $14-million loan in order to fund the development of its Ororo field in Nigeria.

Shell: Kashagan Oil Production To Resume In 2017
Friday, March 13, 2015 Production from Kazakhstan's giant Kashagan oilfield is expected to resume in 2017, stake holder Shell says.

ShaMaran Updates on Reserves, Resources Estimates for Iraq's Atrush Block
Friday, March 13, 2015 ShaMaran Petroleum provides an update to the estimated reserves and contingent resources for the Atrush block in Kurdistan, Iraq.

Petrobras Begins 6-Month Output Test In Buzios Offshore Field
Thursday, March 12, 2015 Petrobras says it began to test output from its Buzios offshore oilfield off Rio de Janeiro in the Santos Basin.

Galp Sees Delays In Brazil From Petrobras Graft Probe
Wednesday, March 11, 2015 A widening corruption probe into Petrobras is likely to delay by at least one year four major offshore oilfield projects, Portuguese partner Galp Energia says.

Russia's Gazprom Neft Eyes Help from National Wealth Fund
Wednesday, March 11, 2015 Gazprom Neft may apply to receive money from Russia's National Wealth Fund to develop some upstream projects.

Eland on Track to Drill More Wells Onshore Nigeria
Wednesday, March 11, 2015 Eland Oil & Gas remains on track to starts its development drilling campaign on Nigeria's onshore Opuama field later this year.

Pelikan Field Starts Production Offshore Indonesia
Tuesday, March 10, 2015 Premier Oil starts up production from the Pelikan field offshore Indonesia.

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