News Topics: Field Development

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Technip Wins Large Subsea Deal from Woodside for Greater Enfield Project
Wednesday, July 27, 2016 Technip wins a large subsea contract, worth $275-$550 million, from Woodside for the Greater Enfield Project offshore Western Australia.

LTHE-ECS JV Bags $1.6B EPCI Deal from Saudi Aramco for Hasbah Gas Project
Friday, July 22, 2016 India's LHTE and EMAS Chiyoda Subsea bags a $1.6 billion engineering, procurement, construction and installation (EPCI) contract from Saudi Aramco for phase two development of the Hasbah gas field offshore Saudi Arabia.

Ithaca Says Stella Production Facility Undergoing Sea Trials
Friday, July 22, 2016 The FPF-1 floating production facility, which is destined for the Stella field in the central North Sea, has left the Gdansk shipyard and is now undertaking final marine system trials.

Monadelphous Lands Contract from JKC Australia LNG for Ichthys Project
Wednesday, July 20, 2016 Monadelphous secured a new contract from JKC Australia LNG for the Ichthys Project onshore liquefied natural gas facilities in Darwin, Northern Territory, Australia.

Reliance's Upstream Revenue in 1Q FY17 Declines 34.8% YOY to $200M
Monday, July 18, 2016 Reliance's upstream oil and gas business posts a revenue of $200 million in the first quarter of financial year 2017, down 34.8 percent from $240 million from a year ago.

OneSubsea Bags $300M Contract for Greater Enfield Project Off Australia
Friday, July 15, 2016 OneSubsea bags a $300 million engineering, procurement and construction contract from Woodside for the Greater Enfield Project offshore northwest Australia.

FPSO Cidade de Saquarema Commences Ops at Brazil's Offshore Lula Field
Wednesday, July 13, 2016 The Cidade de Saquarema floating production, storage and offloading (FPSO) vessel formally commences operations at the Lula field in BM-S-11 Block offshore Brazil.

TCO Awards EPCM Support Services Deal for Tengiz Expansion Project to KPJV
Tuesday, July 12, 2016 Tengizchevroil (TCO) awards an engineering, procurement and construction management support services contract for the Tengiz Expansion Project in Kazakhstan to KPJV.

Aker Secures FEED Deal from Idemitsu for Blocks 05-1b, 05-1c Off Vietnam
Tuesday, July 12, 2016 Aker Solutions secures a front end engineering and design (FEED) contract for Idemitsu's Blocks 05-1b and 05-1c development in the Nam Con Son basin offshore Vietnam.

Ithaca Increases Production, Expects Prompt Output Ramp-up From Stella
Monday, July 11, 2016 Ithaca Energy's average production during the second quarter of this year was significantly higher than the company’s 2016 production guidance of 9,000 boepd.

Big Oil's $45B Of New Projects Signal Spending Revival
Friday, July 08, 2016 Two projects worth $45 billion announced this month show the world's largest oil companies are regaining the confidence to make big investments, emboldened by rising crude prices and low costs that promise to trigger more expansion ahead.

AAG Energy Achieves Production Milestones at China's CBM Concessions
Thursday, July 07, 2016 AAG Energy achieves production milestones at Panzhuang and Mabi coal bed methane concessions in China's Shanxi Province.

Horse Hill License Extensions Secured
Tuesday, July 05, 2016 Horse Hill Developments Limited, operator of the Horse Hill-1 well, revealed Tuesday that the Horse Hill licenses PEDL137 and PEDL246 have been granted extensions.

Petrobras' Indian Partners Fight Delay In Troubled Brazil Oil Project
Monday, July 04, 2016 Petrobras warns its Indian partners in a huge offshore project to not expect oil from the site until 2022, according to sources.

Indonesia, Iran to Sign MOU Soon for Development of Iranian Oil, Gas Blocks
Monday, July 04, 2016 Indonesia and Iran intend to sign a memorandum of understanding shortly for the former to assist in the development of Iranian oil and gas blocks.

Chevron Deadline Nears For $40B Bet On Next Decade's Oil
Friday, July 01, 2016 Chevron Corp. may shortly give a green light to the most expensive oil project in the world this year as the industry digs out from the worst slump in a generation.

POGC Prepares to Install SPD19A Platform for Iran's South Pars Gas Project
Wednesday, June 29, 2016 Pars Oil and Gas Company prepares to install SPD19A platform for Phase 19 of Iran's South Pars Gas Project.

CEO: Total to Invest Over $2B in Qatar's Al-Shaheen Oilfield Development
Monday, June 27, 2016 Total plans to invest more than $2 billion in developing the Al-Shaheen oilfield over five years, the company's CEO says, after the French major won a 30 percent stake to operate Qatar's largest offshore oilfield.

Woodside-Mitsui JV Approves $1.9B Greater Enfield Project Off WA
Monday, June 27, 2016 The Woodside-Mitsui joint venture approves the development plan for the $1.9 billion Greater Enfield Project off Exmouth in Western Australia, with first oil planned for mid-2019.

Operations as a Science May Benefit Offshore Exploration, Production
Monday, June 27, 2016 GE and Shell see benefits for the exploration and production sector in the 'Operations as a Science' approach.

France's Total Wins 30% Stake in Qatar's Al-Shaheen Oilfield
Monday, June 27, 2016 France's Total has won a 30 percent stake in a new contract to operate Qatar's largest offshore oilfield, a source familiar with the matter tells Reuters.

Oilex Progressing Work Plan to Unlock Gas Resources in India's Cambay Block
Monday, June 27, 2016 Australia's Oilex is completing a detailed working plan to unlock the potential gas resource in the onshore Cambay Block in Gujarat, India.

Advent's RL1 Project in Australia's NT to Gain from Infrastructure Project
Thursday, June 23, 2016 Advent Energy's Weaber Gas Field project in permit RL1 in Australia's Northern Territory is likely to gain from a government infrastructural funding program in the state.

Maintenance At Malaysia-Vietnam Oilfield To Cut Aug Bunga Crude Exports
Thursday, June 23, 2016 A scheduled oilfield maintenance in the joint production area of Malaysia and Vietnam will reduce Bunga crude exports in August.

Essar Oil Emerges as India's Largest Unconventional Gas Producer
Wednesday, June 22, 2016 India's Essar Oil is the country's largest unconventional gas producer, supported by increased production at its Raniganj (East) coal bed methane block in West Bengal.

Sea Trucks to Provide Floatel Services for Malikai Project Off Malaysia
Wednesday, June 22, 2016 Sea Trucks clinches a contract from Sabah Shell to provide floatel services for the Malikai development offshore Sabah, Malaysia while Intermoor completes an assignment for the same project.

Statoil, Partners Study Troll Post-2020 Output Expansion
Monday, June 20, 2016 Norwegian oil firm Statoil and its partners are studying the possibilities of expanding gas production at Norway's biggest field, Troll, after 2020.

China's Hilong to Install Jackets for Indonesia's Madura MDA-MBH Project
Monday, June 20, 2016 China's Hilong Petroleum Offshore Engineering Co. secures a contract from PT Timas Suplindo to install jackets for the Husky-CNOOC Madura Ltd.'s Madura MDA-MBH project offshore Java, Indonesia.

BP Sanctions Atoll Phase One Project in Egypt
Monday, June 20, 2016 BP sanctions the development of the Atoll Phase One project in Egypt.

Interfax: Indian Consortium to Pay $2.1B for Stake in Rosneft's Vankor
Friday, June 17, 2016 A consortium of Indian oil companies will pay just over $2 billion for a 23.9 percent stake in Russian oil producer Rosneft's Vankor oil field, Interfax news agency cited sources as saying.

Shell Sees Malikai Project in Malaysia as Boosting Deepwater Ambitions
Tuesday, June 14, 2016 Shell-operated Malikai deepwater project offshore Malaysia supports the company's aims of staying at the forefront of the global deepwater industry.

Petrofac Secures Contract from Bumi Armada for Olombendo FPSO
Monday, June 13, 2016 Petrofac secures a three year contract from Bumi Armada for the Olombendo floating production, storage and offloading unit, currently under conversion in Singapore.

Mexico's Pemex Approves Trion Field as First Farm Out
Friday, June 10, 2016 Mexican state oil company Pemex picks up the deep-water Trion field near the U.S. border as the first one it will farm out to other operators to help it develop untapped resources.

Chevron To Ramp Up Gas Production In China's Southwest Chuandongbei Project
Tuesday, June 07, 2016 Chevron's fully-owned subsidiary Unocal East China Sea will ramp up production in the Luojiazhai and Gunziping gas fields, its biggest investment in China, the firm says.

India, Iran Plan to Seal Deal to Develop Offshore Farzad B Field by October
Monday, June 06, 2016 India expects to finalize contract with Iran to develop the Farzad B gas field in the Persian Gulf by October.

Australia's UGL Faces More Provisions On Work For Ichthys LNG
Monday, June 06, 2016 Australian contractor UGL Ltd warns it may have to book a provision of up to $146 million for losses on its work for the Ichthys liquefied natural gas (LNG) project, knocking its shares down 35 percent.

AWE Upgrades 2P Reserves for WA's Waitsia Field by 93% to 344 Bcf
Friday, June 03, 2016 AWE upgrades proved and probable (2P) reserves for the Waitsia gas field located onshore Western Australia by 93 percent to 344 billion cubic feet.

Malaysia's THHE Not Given More Time from JX Nippon to Complete Layang FPSO
Wednesday, June 01, 2016 TH Heavy Engineering did not get more time from JX Nippon Oil & Gas to complete the floating production storage and offloading unit for Malaysia's offshore Layang field.


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