News Topics: Field Development

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Reliance Said To Revive Offshore India Gas Project By End-2017
Friday, May 27, 2016 Reliance Industries is preparing to restart work in four offshore oil and gas blocks as it seeks to revive development activity stalled for seven years by disputes with the government, according to a people with knowledge of the plan.

APPEA Urges Australia's NT to Invest in Onshore Gas Projects, Create Jobs
Wednesday, May 25, 2016 The Australia Petroleum and Production Exploration Association urges Australia's Northern Territory to invest in onshore gas projects to create new jobs for the state economy.

Israel's Government Approves Leviathan Natural Gas Deal
Sunday, May 22, 2016 Israel approves a deal it hopes will fast-track development of the huge Leviathan offshore natural gas field and end years of regulatory uncertainty.

Woodside Reports Higher Contingent Resource from 2 Myanmar Discoveries
Friday, May 20, 2016 Woodside Petroleum reports an 83 million barrels of oil equivalent (MMboe) increase in contingent resource to 4,481 MMboe from its two recent discoveries offshore Myanmar.

Norway Opens Arctic Oil Exploration in Russian Border Area
Wednesday, May 18, 2016 Norway awards licenses to 13 oil companies as it expands into an entirely new part of the Arctic Barents Sea to stimulate exploration at a time of low crude prices.

Exxon Neftegas, Sakhalin Energy Discuss Buying Gas For Sakhalin-2
Wednesday, May 18, 2016 ExxonMobil's Russian affiliate Exxon Neftegas and Sakhalin Energy restart talks on buying gas from the Sakhalin-1 project for Sakhalin-2 expansion.

ERCE: Sea Lion Complex Could Hold 1.7B Barrels of Oil
Tuesday, May 17, 2016 The Sea Lion Complex in License PL032 in the Northern Falkland Basin has been independently estimated by ERC Equipoise Limited to hold 1.7 billion barrels of oil in place.

Planned Papua LNG Project May Create 10,000 Construction Jobs in 2018
Monday, May 16, 2016 Total is progressing work on the Papua LNG Project in PRL 15 in Papua New Guinea and construction is expected to commence in 2018, creating up to 10,000 jobs.

RH Petrogas Says 2P Reserves at Fuyu 1 PSC in China's Songliao Basin Up 28%
Thursday, May 12, 2016 RH Petrogas says an independent study reveals a 28 percent increase in proved and probable (2P) reserves for Fuyu 1 Block in Songliao Basin in China's Jilin province.

Indonesia's SKK Migas Approves 18 Oil, Gas Projects in January-April
Wednesday, May 11, 2016 Indonesia's upstream regulator SKK Migas approves development plans for oil and gas 18 projects in the first four months of 2016.

PETRONAS, PetroVietnam Extend PM3CAA PSC in Malaysia-Vietnam Waters to 2027
Tuesday, May 10, 2016 PETRONAS and PetroVietnam extend PM3CAA production sharing contract in the overlapping waters between Malaysia and Vietnam for 10 years to 2027.

Africa Oil Corp: Kenya Resource Base Increases
Tuesday, May 10, 2016 Estimated gross 2C unrisked resources in Kenya's South Lokichar Basin increase by 24% to 766 million barrels of oil, according to an independent assessment by DMCL.

Australia Junior 88 Energy Sets Sights on Alaskan Exploration Success
Tuesday, May 10, 2016 As exploration activity stalls in Australia following the downturn in the oil and gas market, junior company 88 Energy is finding benefits abroad in Alaska against the tide.

India to Launch Auction of 67 Small Oil, Gas Fields on May 25
Tuesday, May 10, 2016 India will launch an auction of 67 discovered small oil and gas fields on May 25, the country's upstream regulator Directorate General of Hydrocarbons (DGH) said on Tuesday.

Ireland On Course to Develop Hydrocarbons, Employment
Monday, May 09, 2016 Europa Oil & Gas and Providence Resources leaders discuss the future of offshore Ireland's hydrocarbon industry as new developments take shape in the country.

OTC 2016: Guyana's Investment Appeal Gets a Boost from Liza Oil Discovery
Thursday, May 05, 2016 Investment in Guyana's oil and gas sector gets a boost from the offshore Liza discovery.

OTC 2016: Efficient Application Key for Subsea Separation Future
Monday, May 02, 2016 The obstacles facing adoption of subsea separation technology have been overcome. Now, industry must focus on efficient application of existing technologies.

OTC 2016: Cambodia Decision on First Oilfield Development by Year End
Monday, May 02, 2016 Cambodia expects a decision to develop the country's first oilfield at Block A by year end, a senior government official says.

Karoon Says PEPC's Restructuring Not Likely to Impact Brazil Work Program
Thursday, April 28, 2016 Karoon Gas Australia expects no impact on the work program for its Santos Basin blocks off Brazil despite partner Pacific Exploration and Production Corp.'s ongoing restructuring.

Husky Expects Madura BD Field Off Indonesia to Commence Production in 2017
Wednesday, April 27, 2016 Husky Energy expects the Madura BD field in the Madura Strait offshore Indonesia to commence production in 2017.

LGO Boosts Production at Goudron Field in Trinidad
Wednesday, April 27, 2016 Production starts from a new interval in well GY-671 on the Goudron field in Trinidad.

Total's Indonesian Unit sees 1Q Mahakam Gas Production at 1.7 Bcfpd
Monday, April 25, 2016 Total E&P Indonesie sees first quarter natural gas production from the Mahakam Block at 1.7 billion cubic feet per day, above its target of 1.5 Bcfpd for 2016.

NZOG Reports 15.3% Rise in Developed Reserves in Kupe Field Off Taranaki
Thursday, April 21, 2016 New Zealand Oil & Gas reports a 15.29 percent rise in developed reserves in the Kupe oil and gas field off Taranaki, New Zealand.

Woodside's 1Q 2016 Sales Revenue Down 30.3% to $982M
Wednesday, April 20, 2016 Woodside posts a 30.3 percent decline in sales revenue for the first quarter of 2016 to $982 million, with the fall due largely to low oil and gas prices.

Independent Oil and Gas Acquires Blythe Discovery
Tuesday, April 19, 2016 Independent Oil and Gas signs a Sale and Purchase Agreement to acquire an additional 50 percent in blocks 48/22b and 48/23a in the Southern North Sea from Alpha Petroleum Resources Limited.

What Would an Exit from Bonga South West/Aparo Mean for Shell?
Tuesday, April 12, 2016 Rigzone looks at the development of the Nigerian Bonga South West/Aparo project amid the lower oil price environment and outlines what a potential exit from the venture would mean for operator Shell.

Sweden's Lundin Set for Busy Year Offshore Norway
Thursday, April 07, 2016 During a visit to meet Norway's "Subsea Valley" industry, Rigzone hears the managing director of Lundin Petroleum's Norwegian operation detail the firms plans for 2016 on the Norwegian Continental Shelf.

Eni On Track to Complete West, East-Hub Development Projects in Angola
Tuesday, April 05, 2016 Rigzone looks at the progress of the West Hub and East Hub Development Projects in Block 15/06 offshore Angola.

Maersk Oil Threatens to Shut Down Tyra Field in 2018
Monday, April 04, 2016 Maersk Oil announces that production from Tyra East and Tyra West in the Danish North Sea will cease on October 1, 2018, if an "economically viable solution" for continued operations is not identified during 2016.

Inpex Asked to Submit Indonesia's Abadi Project POD Using Onshore LNG Plant
Monday, April 04, 2016 Inpex receives formal notice from the Indonesian authorities to submit a development plan for the Abadi project based on an onshore liquefied natural gas plant.


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