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News Topics: Field Development

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Results50 articles shown

Ocean Installer Wins Delta House SURF Contract
Friday, November 21, 2014 Ocean Installer wins a contract for an umbilical installation project with Oceaneering for LLOG on the Delta House project in the Mississippi Canyon Area of the U.S. Gulf of Mexico.

Azeri BP-Operated Oil, Gas Output In Jan-Sept Near 2013 Level
Thursday, November 20, 2014 Oil output from BP-led oilfields in Azerbaijan between January and September were down slightly from a year earlier, BP-Azerbaijan says, driving a fall in the country's total oil production.

Primeline Secures Funds for China's Offshore LS36-1 Gas Field Development
Thursday, November 20, 2014 Primeline Energy secures project finance facility to fund its share of the development of LS36-1 gas field offshore Zhejiang province, China.

Shell, Petronas Carigali to Develop E6 Field Offshore Sarawak
Thursday, November 20, 2014 Shell and Petronas Carigali proceed with the development of E6 field in SK308 Production Sharing Contract, offshore Sawarak, Malaysia.

WDS Pens Construction Contract with Santos GLNG
Thursday, November 20, 2014 WDS pens construction contract with Santos GLNG for the Roma West Phase 2 project in Queensland, Australia.



Shell To Revisit Norway's Ormen Lange Gas Project In 2016
Wednesday, November 19, 2014 Shell could restart work on offshore compression at its Ormen Lange gas field in Norway in the first quarter of 2016, after stopping the project in April, it says.

Statoil To Keep Up Exploration Spending Despite Falling Oil Prices
Wednesday, November 19, 2014 Statoil will keep exploration drilling high in 2015 and plans to approve a new project this year, even as oil prices trade at 4-year lows, Ivar Aasheim says.

Pre-Commissioning Ongoing at Cooper Eromanga Basin's Hornet-1 Gas Well
Tuesday, November 18, 2014 Senex Energy is carrying out pre-commissioning at Hornet-1 gas well in Australia's southern Cooper-Eromanga Basin prior to first gas sales.

Firms Developing Cyprus Gas Field Raise Reserve Estimate 12%
Tuesday, November 18, 2014 The reserve estimate for the Aphrodite natural gas field offshore Cyprus has been raised by 12%, and most of the gas is likely to be exported, Israeli firms involved in the project said.

Eni Signs Angolan Gas-Development Deal
Monday, November 17, 2014 Italy's Eni signs a strategic agreement with Sonangol to co-operate on the development of Angolan gas resources.

First Oil from H5 Development in Te Giac Trang Field Planned for 2H 2015
Friday, November 14, 2014 Soco reports that first oil from the H5 development project in Te Giac Trang field offshore Vietnam is targeted for the second half of 2015.

North Sea Independents Report Solid Progress
Thursday, November 13, 2014 North Sea producers Premier Oil and Ithaca Energy both issue 'solid' updates for their respective third quarters.

McDermott Delivers Riser Support Structure for Inpex's Ichthys LNG Project
Thursday, November 13, 2014 McDermott delivers the riser support structure for the Inpex-operated Ichthys liquefied natural gas project's subsea umbilical, riser, flowline development offshore Western Australia.

Deepwater Gulf Production to Set New Record in 2016
Thursday, November 13, 2014 Deepwater Gulf of Mexico production is expected to reach a new peak of 1.9 million barrels of oil equivalent per day in 2016, according to Wood Mackenzie's latest outlook.

Gulf Keystone says Iraqi Kurdistan Oilfield Output Target on Track
Thursday, November 13, 2014 Gulf Keystone Petroleum says it is on track to meet its full-year production target at its Shaikan oilfield in Iraqi Kurdistan.

Genel Strikes Deal to Develop Major Gas Fields in Iraqi Kurdistan
Thursday, November 13, 2014 Genel signs an agreement with the Kurdistan Regional Government to develop two large gas fields that could supply Turkey with gas from 2017.

Sea Lion Partners Agree to Lower-Cost Development
Thursday, November 13, 2014 Premier Oil and Rockhopper Exploration agree to a lower-cost development solution for the Sea Lion field, offshore the Falkland Islands.

HHI Inks $1.94B EPCIC Deal with ADMA-OPCO for UAE's Nasr Field Project
Wednesday, November 12, 2014 Hyundai Heavy Industries inks a $1.94 billion contract with Abu Dhabi Marine Operating Company for the Nasr field development project in UAE.

EnQuest Production Rises on Ramped Up New Assets
Wednesday, November 12, 2014 EnQuest reports a 19-percent increase in oil production during the first 10 months of 2014.

Encana's Operating Profit Nearly Doubles On Higher Oil Production
Wednesday, November 12, 2014 Encana says its quarterly operating profit jumped 87% due to higher production of oil and natural gas liquids.

Libya Fails To Restart El Sharara Oilfield Due To Blocked Pipeline
Wednesday, November 12, 2014 Libya abandons an attempt to restart production at the El Sharara oil field, one of the country's biggest, after a pipeline blockage, state-run NOC said.

UAE's Mubadala Petroleum Says 2nd Thai Oilfield Starts Production
Tuesday, November 11, 2014 Mubadala Petroleum starts production at a second oilfield in Thailand.

Santos GLNG Installs Final Module for LNG Train on Curtis Island
Friday, November 07, 2014 Santos GLNG installs the final module on its two liquefied natural gas processing trains for the gas liquefaction plant on Curtis Island, near Gladstone, Australia.

Central European Oil Firms See 3Q Profit Boost
Thursday, November 06, 2014 OMV and MOL both report upbeat results for the third quarter of 2014, driven in part by their upstream oil and gas operations.

Santos GLNG Project Moves Closer to First LNG in 2015
Wednesday, November 05, 2014 Santos GLNG completes the first of its three major gas processing hubs in its Queensland gas fields in Australia, moving the project towards first liquefied natural gas in 2015.

Mubadala Drills MNA-07, MNA-08 Wells in Manora Field Offshore Thailand
Tuesday, November 04, 2014 Mubadala Petroleum commences drilling MNA-07 and MNA-08 development wells in the Manora oil development in the northern Gulf of Thailand.

Devon Energy Profit Tops Estimates, Output Jumps 19%
Tuesday, November 04, 2014 Devon Energy reports a sharply higher quarterly profit that topped Wall Street estimates.

Bumi Armada, HMCL Delay Contract Signing for Madura BD FPSO to Nov. 6
Tuesday, November 04, 2014 Bumi Armada and Husky-CNOOC Madura Ltd. delay contract signing for the Madura floating production, storage and offloading vessel to Nov. 6.

BP's Skarv Oil Output Down Due To Repairs
Monday, November 03, 2014 BP shuts oil production at its Skarv field in the Norwegian Sea and expects production to resume sometime this month.

Petrobras, PPSA Ink PIA for Tartaruga Mestica
Monday, November 03, 2014 Petrobras and PPSA have signed a Production Individualization Agreement (PIA) of the Tartaruga Mestiša, located at the south portion of the Campos Basin.

Statoil Puts $32.5B Price Tag On Giant Sverdrup Oil Field
Monday, November 03, 2014 Statoil's Johan Sverdrup field offshore Norway could cost up to $32.5 billion to develop, the company says.

American Energy Affiliate Ups Activity in Permian Basin
Friday, October 31, 2014 American Energy-Permian Basin buys shale oil assets in the Permian Basin for $725 million.

AWE, Santos Progress Development of Indonesia's Ande Ande Lumut Project
Thursday, October 30, 2014 AWE and Santos progress development work for the Ande Ande Lumut oil project offshore Indonesia.

MOL Gets Approval for Akri-Bijeel Block Development Plan
Thursday, October 30, 2014 The Kurdistan Regional Government in Iraq approves a major new oilfield development that is majority-owned by Hungary's MOL.

Madagascar Oil Submits Tsimiroro Oil Field Development Plan for Approval
Wednesday, October 29, 2014 Madagascar Oil submits the Tsimiroro development plan in Madagascar for approval by the authorities.

Hess To Proceed With $6B US Oil Project Despite Price Dip
Wednesday, October 29, 2014 Hess says it would proceed with the development of the $6B Stampede project in the US Gulf of Mexico, one of the biggest energy investments announced during the current oil price slump.

Bakken Production Surge Boosts Hess Quarterly Profit
Wednesday, October 29, 2014 Hess posts a better-than-expected quarterly profit as production jumped and costs fell in North Dakota's booming Bakken shale formation.

Technip Bags Subsea Deal from Chevron for Indonesia's Bangka Development
Wednesday, October 29, 2014 Technip bags a subsea contract, worth $127.5-$318.6 million, from Chevron for the Bangka development in the Rapak production sharing contract offshore East Kalimantan, Indonesia.

Indonesia Says Chevron Gas Project Set Back by Up to 2 Years
Wednesday, October 29, 2014 The target for full operation of the Indonesia Deepwater Development gas project has been delayed by up to two years to around 2020, a senior official says, reducing the country's prospects of remaining a major gas exporter.

Whiting Profit Beats Street As North Dakota Output Jumps
Wednesday, October 29, 2014 Whiting Petroleum posts a higher-than-expected quarterly profit as production rises 33% at its North Dakota wells.

First Oil from Manora Development in Gulf of Thailand Set for Mid-November
Tuesday, October 28, 2014 First oil from the Manora development in the northern Gulf of Thailand is expected by mid-November as platform commissioning gets underway, while hook-up and commissioning near completion.

EnQuest Awards Technip Kraken Contract
Tuesday, October 28, 2014 Technip is selected for an EPCI contract for the Kraken development by EnQuest.

Saipem Wins Engineering, Drilling Deals Worth $2 Billion
Monday, October 27, 2014 Saipem says it won around $2 billion worth of engineering, construction and drilling contracts in the Middle East and Latin America.

Continental Confirms Productivity of Springer Play
Friday, October 24, 2014 Continental confirms potential of its Springer play with results from individual delineation wells.

Husky Energy Profit Rises 11.5% On Increased Production
Thursday, October 23, 2014 Husky reports an 11.5% rise in quarterly profit, helped by a 10% increase in production.

Russia's Lukoil Says West Qurna-2 Pumps Over 320,000 Bpd
Wednesday, October 22, 2014 Lukoil says it is producing more than 320,000 barrels per day at its Iraqi West Qurna-2 field.

Official: Kazakh Oil Output To Rise With Kashagan After 2020
Wednesday, October 22, 2014 Kazakhstan expects annual oil output to reach as high as 100 million tonnes after 2020 when the giant Kashagan oilfield resumes pumping.

McDermott Lands T&I Contract for Bukit Tua Project Offshore East Java
Tuesday, October 21, 2014 McDermott lands a transportation, installation and pre-commissioning contract from a Petronas unit for the offshore Bukit Tua project in Ketapang block, East Java, Indonesia.

Minister: Norway Oil Projects Face Delays over Costs
Tuesday, October 21, 2014 Several Norwegian oil and gas projects with development plans due in 2015 will be delayed because of high costs and technological challenges, says oil minister Tord Lien.

LDD Wraps Up Foundation Installation Gig Offshore Gabon
Monday, October 20, 2014 LDD, an Acteon company, finishes a specialist foundation installation for the Etame Marin block field expansion project, offshore Gabon, West Africa.

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