News Topics: Field Development

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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.

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.

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.

India's Top Oil Explorer To Invest $1.1B To Boost Output
Thursday, February 23, 2017 Oil and Natural Gas Corp., India's top oil and gas explorer, will invest 73.37 billion rupees ($1.10 billion) in five fields.

NPD: Total Proven, Unproven Resources on NCS Equals 14.3 Bcm
Tuesday, February 21, 2017 Total proven and unproven petroleum resources on the Norwegian continental shelf equate to 14.3 billion standard cubic meters of oil equivalents, the NPD says.

Lekoil Aims to Ramp Up Otakikpo Output to 10,000 BOPD by 2Q
Monday, February 20, 2017 Africa-focused oil and gas company Lekoil aims to ramp up production from the Otakikpo Marginal Field, located in Nigeria's OML 11, to 10,000 barrels of oil per day by the end of 2Q.

Libya Sees Crude Output Rising on Better Big Oil Work Conditions
Wednesday, February 15, 2017 Libya's crude production exceeded 700,000 barrels a day and is due to keep rising as working conditions in the conflict-ridden country improve for international companies.

Wintershall Selects Skarfjell Field Development Solution
Wednesday, February 15, 2017 Wintershall Norge - and its license partners Capricorn Norge AS, Bayerngas Norge AS, Edison Norge AS and DEA Norge AS - have selected a development solution for the Skarfjell field in the North Sea.

Siberian Oil Giant That Bankrolled USSR May Gush Cash Again
Wednesday, February 15, 2017 Russia's largest oil field could be on the verge of gushing profits again for Rosneft PJSC.

Sri Lanka Launches Tender To Develop Natural Gas Site In Mannar Basin
Monday, February 13, 2017 Sri Lanka launches a tender to develop a gas block in the Mannar Basin off its northwest coast, vacated when Cairn India pulled out of an exploration project in 2015 as oil prices plunged.

Russia's Novak To Meet Venezuelan Ministers
Monday, February 06, 2017 Russian Energy Minister Alexander Novak will meet Venezuela's oil and foreign ministers in Moscow on Monday, RIA news agency cited the Russian energy ministry as saying.


 
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