News Topics: Field Development
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Statoil Picked to Operate Johan Sverdrup Field
Friday, November 28, 2014 Statoil will operate the giant Johan Sverdrup oilfield in the Norwegian sector of the North Sea.
NWS JV to Develop $1B Persephone Project Off Northwest Australia
Thursday, November 27, 2014 The North West Shelf joint venture approves development of the $1.02 billion Persephone project offshore northwest Australia.
FMC Commissions First All Nigerian-Built Subsea Production Tree
Wednesday, November 26, 2014 The Bonga Northwest Development will feature the first subsea production trees engineered, manufactured, tested, installed and serviced by FMC Technologies entirely in Nigeria.
Shale Gas Company Extends Poland Licenses
Tuesday, November 25, 2014 A company official says San Leon Energy is extending its licenses to explore for shale gas in northern Poland.
Triangle Energy Gets Approval to Operate Pase Block in Aceh, Sumatra
Tuesday, November 25, 2014 Triangle Energy receives approval to operate Pase block in Aceh, North Sumatra, Indonesia for 20 years.
Ghana Gives Eni Green Light For $6B Offshore Gas Project
Monday, November 24, 2014 Ghana's government gives Italy's energy firm Eni the final green light to develop gas resources in the Offshore Cape Three Points block.
Petrobras Says 2nd Libra Well Confirms Good Quality Oil
Monday, November 24, 2014 Petrobras completes drilling of the first extension well in the massive Libra field off the coast of Rio de Janeiro, confirming good quality oil, according to a filing.
Cidade de Ilhabela FPSO Achieves First Oil at Sapinhoa Field Development
Monday, November 24, 2014 SBM Offshore says its Cidade de Ilhabela FPSO vessel is formally on hire after achieving first oil at the Sapinhoa field development offshore Brazil.
Gaza Marine Development Could Help Deliver Israeli Security
Sunday, November 23, 2014 Rigzone hears Ariel Ezrahi, an adviser to former British PM Tony Blair, explain how investing in Palestinian energy infrastructure would be good for Israel's security and its relations with the Arab world.
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.
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.
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.
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.
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.
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.
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.
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