Production News for Europe & Russia

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Germany's EWE Plans To Cut Groningen Gas Use By 75%
Wednesday, February 14, 2018 EWE plans to sharply reduce its use of gas from the Groningen field in the Netherlands.

IEA: Surge In Global Oil Supply May Overtake Demand In 2018
Tuesday, February 13, 2018 The rise in global oil production, led by the US, is likely to outpace growth in demand this year, IEA says.

ExxonMobil's Reserves Jump 19% On Growth In US Shale, UAE
Friday, February 09, 2018 ExxonMobil says its oil and gas reserves surged 19% last year, thanks to growth in US shale, the United Arab Emirates and Guyana.

UK Onshore Industry Set for 'Exciting' 2018
Friday, February 02, 2018 The UK onshore industry is set to have an 'exciting' year in 2018, according to IGas CEO Stephen Bowler.

Norway's Sverdrup Oilfield Could Start In Oct. 2019 -Partner
Thursday, February 01, 2018 First oil from Norway's giant Johan Sverdrup field could come in October 2019.

Norwegian Output Increases in December
Tuesday, January 23, 2018 Norwegian production increased in December 2017, according to preliminary production figures released by the Norwegian Petroleum Directorate.

Wintershall Continues to Invest in German Oil, Gas Production
Monday, January 22, 2018 Wintershall is continuing to invest in the production of crude oil and natural gas from assets in Germany.

Tulip Oil Presses Ahead with 'Major' Offshore Producing Asset
Thursday, January 18, 2018 Tulip Oil Netherlands Offshore B.V. confirms that it will proceed with the development of the Q10 gas field.

NPD: Norwegian Production to Increase to 2023
Thursday, January 11, 2018 Norwegian production will continue to increase to 2023, according to the Norwegian Petroleum Directorate (NPD).

Groningen Gas Output Cut To Be Examined-Dutch Regulator
Thursday, January 11, 2018 The Dutch gas regulator will respond on Thursday to proposals to reduce output from the Groningen gas field following a tremor there this week.

Output At Lundin's Grieg Field Back To Normal After Forties Outage
Wednesday, December 27, 2017 Production at Lundin Petroleum's Edvard Grieg oil and gas field off the coast of Norway is back at normal levels.

Po Valley Energy: Northern Italy Well 'On Gas'
Thursday, December 21, 2017 Po Valley Energy Limited announces that the Podere Maiar 1dir exploration well, on the Selva gas field in Northern Italy, is now complete for production.

Russia's Rosneft, BP Agree To Jointly Tap Arctic Oil And Gas
Thursday, December 21, 2017 Russian energy giant Rosneft and its shareholder BP agree to jointly develop oil and gas deposits in the Russian Arctic Yamal-Nenets region.

Norwegian Output Drops in November
Wednesday, December 20, 2017 Norwegian production decreases in November, according to preliminary output figures from the Norwegian Petroleum Directorate.

VNG Norge Submits $1.2B Fenja Development Plan
Tuesday, December 19, 2017 VNG Norge submits a field development plan for the Fenja asset in the Norwegian Sea to the Ministry of Petroleum and Energy.

Maria Field Production Starts One Year Ahead of Schedule
Monday, December 18, 2017 Production starts at the Maria field in Norway one year ahead of schedule.

Tambar Field Production Recommences
Wednesday, December 13, 2017 Independent oil and gas company Faroe Petroleum announced Wednesday that production from the Tambar field in Norway has recommenced.

Eni Can Restart Production At Arctic Goliat Oilfield -Norway Regulator
Friday, December 08, 2017 Italian oil firm Eni receives permission to restart production at its Goliat oilfield in the Arctic Barents Sea.

Norwegian Production Increases
Tuesday, November 21, 2017 Norwegian production has increased month-on-month, according to the Norwegian Petroleum Directorate's preliminary output figures for October.

NPD Grants Consent for Production Start Up of Maria Field
Friday, November 17, 2017 The Norwegian Petroleum Directorate (NPD) grants consent for the start-up of production from the Maria field in the Norwegian Sea.

Statoil Celebrates Opening of Valemon Remote Control Room
Thursday, November 09, 2017 Statoil celebrates the opening of the Valemon control room at Sandsli in Bergen on Thursday, which will be used to operate the first remote controlled platform in the company's portfolio.

Total Primary Energy Demand to Increase by 35%
Wednesday, November 08, 2017 Energy demand is on the rise, according to the 2017 World Oil Outlook report.

Minister: Norway Expects 5-10 New Oil, Gas Field Development Plans in 2018
Wednesday, November 08, 2017 Oil firms will probably file between five and ten applications to develop new oil and gas fields off Norway in 2018.

Greek Energy Firm Inks Gas Deals With Israeli Companies
Tuesday, October 31, 2017 Greek energy firm Energean signs 3 new deals to sell natural gas from the Karish and Tanin offshore fields to Israeli companies.

Novak Says Russia To Raise Oil Output If Pact Not Extended
Wednesday, October 25, 2017 Russia will increase its oil output by 3.5-4.0 million tonnes in 2018.

Putin Says Oil Pact With OPEC May Be Extended to End of 2018
Wednesday, October 04, 2017 President Vladimir Putin said Russia is open to extending a deal with OPEC to curb oil supplies to the end of 2018.

Statoil And Partners Plan Output Capacity Expansion At Troll Gas Field
Tuesday, September 26, 2017 Statoil and partners are working to increase the output capacity of Troll, the country's largest gas field.

Total Extends 5% Annual Oil Output Growth Target
Monday, September 25, 2017 Total extended its 5% annual average oil production growth target until 2022.

Russia's Lukoil Eyes Decade Of Oil Output Growth
Wednesday, September 20, 2017 Lukoil expects its output to rise over the next 8-10 years as it brings new fields onstream, vice president and co-owner Leonid Fedun says.

OPEC Oil Output Slips From 2017 High On Renewed Libyan Outages
Thursday, August 31, 2017 OPEC oil output has fallen this month by 170,000 bpd from a 2017 high, a Reuters survey finds.

Innovate, Cut Costs: How A Russian Oil Firm Navigates Global Supply Curbs
Wednesday, August 09, 2017 A global deal cutting crude output has forced Tatneft to curb flows at some fields, leaving it with lower revenues but little relief from maintenance and running costs.

Centrica To Produce 30 Bcf Of Gas From Rough Site By 1Q 2018
Tuesday, August 01, 2017 Centrica said it expects to produce up to 30 billion cubic feet (bcf) of gas from its Rough gas storage site by the first quarter of next year.

BP Production Growth Boost Shares Despite Profit Drop
Tuesday, August 01, 2017 BP's 2Q profit dipped but beat forecasts after an exploration write-off in Angola.

Total Says Martin Linge Oil Field Startup Delayed Until 2019
Thursday, July 06, 2017 Total says that the start of production at the Martin Linge oil and gas field located in the North Sea off the coast of Norway has been delayed following a previously-reported accident.

Snefrid Nord Gas Discovery Gets Thumbs Up
Thursday, July 06, 2017 Statoil and its partners have decided to develop the Snefrid Nord gas discovery near the Aasta Hansteen field in the Norwegian Sea.

Norway Govt Wins Ruling over Lowered Gas Pipeline Tariffs
Friday, June 30, 2017 The decision upheld the 2015 verdict of a lower court, which said the government acted within its rights when it lowered tariffs on offshore gas pipelines.

Russia's Gazprom CEO Sees 2017 Output At Over 450 Bcm
Friday, June 30, 2017 Gazprom plans to produce more than 450 billion cubic meters of natural gas this year.

Shell, Exxon To Appeal Latest Groningen Gas Production Cap
Wednesday, June 28, 2017 A joint venture between Royal Dutch Shell and Exxon Mobil will file an appeal against a Dutch government plan to lower a production cap at the Groningen natural gas field.

Norway Increases Troll Gas Quota For Upcoming Gas Year
Tuesday, June 27, 2017 Statoil received a permit to increase gas output from its biggest gas field Troll.

EnQuest Confirms First Oil from Kraken
Monday, June 26, 2017 EnQuest confirms first oil from the Kraken development.

Gas Leak at Gjoa
Thursday, June 22, 2017 A gas leak occurred late Wednesday at the ENGIE E&P operated Gjoa field, located in the North Sea, according to a company statement.

Poland Suspends Russian Gas Supplies Via Yamal Pipeline Due To Poor Quality
Wednesday, June 21, 2017 Poland temporarily halted gas deliveries from Russia via the Yamal pipeline due to poor quality of the gas.

Norwegian Production Declining
Wednesday, June 21, 2017 Norwegian production is decreasing, according to preliminary output figures released by the Norwegian Petroleum Directorate.

OMV Restarts Work At Tunisian Nawara Gas Project After Blockade Ends
Tuesday, June 20, 2017 OMV restarts work at its Nawara natural gas project in southern Tunisia.

Drax Says May Convert Coal Units To Run On Gas
Thursday, June 15, 2017 British power producer Drax is assessing whether to convert its remaining coal-fired power units to run on gas.

Norway Holds 'Significant Remaining Resources'
Thursday, June 15, 2017 Norway's 'significant remaining resources' can create value for the Norwegian society for many decades to come, according to the Norwegian Petroleum Directorate's new report.

Tatneft Pledges To Keep Oil Output In Check, In Line With Global Deal
Friday, June 09, 2017 Tatneft expects to keep its level of oil production broadly unchanged for the rest of this year, in line with the OPEC-led deal to curb output in an effort to support oil prices.

Norway Risks Oil, Gas Output Cut If Wage Talks Fail
Friday, June 09, 2017 5 Norwegian oil and gas fields will shut down production unless a wage deal is agreed with the Lederne trade union, an industry lobby group says.

OPEC, Non-OPEC Extend Oil Output Cut By 9 Months To Fight Glut
Thursday, May 25, 2017 OPEC and non-member oil producers gear up to extend output cuts.

Statoil To Start Gina Krog Oil And Gas Field In June
Wednesday, May 24, 2017 Norwegian Petroleum Directorate gives consent for Statoil to start the Gina Krog oil and gas field in the North Sea.

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