Results 26 articles shown
UAE Says Most Countries In Oil Cut Deal Like Idea Of Long-Term Alliance
Thursday, April 12, 2018 A majority of the OPEC and independent oil producers participating in a current deal to cut supply like the idea of a long-term producers' alliance, the energy minister of the United Arab Emirates says.
UK North Sea Oil Output To Resume Decline After Brief Respite
Monday, March 26, 2018 The UK North Sea is set to resume a two-decade decline in oil production next year, consultancy Bernstein says.
Spirit Energy Given Consent to Use Drilling Facility for Production Wells
Friday, March 16, 2018 Petroleum Safety Authority Norway gives Spirit Energy consent to use the Maersk Interceptor drilling facility to drill production wells on the Oda field.
Down Is Up as Aging Oil Fields Defy Gravity to Pump More
Friday, March 09, 2018 Bob Dudley has never seen anything like what happened with BP's old fields last year: They gushed more crude.
Offshore UK Catcher Development to Hit 60,000 Bpd Target Ahead of Plan
Thursday, March 08, 2018 Catcher is expected to reach an output rate of 60,000 barrels of oil per day in April.
UK's EnQuest Expects Higher Production This Year
Monday, February 19, 2018 EnQuest Plc expects higher production in 2018, helped by its flagship Kraken oilfield and its acquisition of a 25% stake in BP's Magnus oilfield.
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.
Ineos: Forties Pipeline System is Safe
Thursday, February 08, 2018 Ineos confident FPS is safe following the discovery of a crack in December 2017.
Shell to Redevelop Penguins Field in UK North Sea
Monday, January 15, 2018 Shell confirms that it will redevelop the Penguins oil and gas field in the UK North Sea.
North Sea Fields Resume Production Following FPS Repair
Friday, January 12, 2018 The Bruce, Keith and Rhum fields resume production following the successful repair of the Forties Pipeline System.
Premier Oil to Ramp Up Output at North Sea Catcher Field
Thursday, January 11, 2018 Premier Oil is planning to ramp up production from the Catcher field in the North Sea to 60,000 barrels of oil per day.
OGTC Invests $1.8MM in P&A Technology
Monday, January 08, 2018 The UK's Oil & Gas Technology Centre (OGTC) is investing $1.8 million (GBP 1.3 million) in four well plugging and abandonment (P&A) projects.
Statoil To Extend Snorre Oilfield Output Under $2.3B Plan
Thursday, December 21, 2017 Norway's Statoil will extend output from its Snorre oilfield in the North Sea by some 25 years.
Partners to Invest in New Gas Module at Troll C Platform
Tuesday, November 07, 2017 Output is set to rise from the North Sea's Fram field with new investment.
Premier Oil Stations FPSO at Catcher Field in North Sea
Thursday, October 26, 2017 Premier Oil secures a major advance in its North Sea fortunes.
Chevron Approves New Tech Investment To Raise Output At North Sea Field
Friday, October 20, 2017 Chevron approves an investment to increase output from its Captain oilfield by using a new water-injection technology for the first time in the North Sea, the company says.
EnQuest Profits Slide On Slower Kraken Oilfield Ramp-Up
Thursday, September 07, 2017 EnQuest reports a sharp drop in first-half profits on lower production and delays in ramping up its flagship Kraken oilfield.
Sources: UK Forties Oil Output Below Plan, Delaying Some Cargoes
Friday, August 25, 2017 The North Sea Forties crude stream is pumping less oil than expected, leading to delays in the loading of some cargoes of the crude, two trade sources say.
Engie Brings Norway's Gjoea Oil, Gas Field Back On Stream
Friday, July 07, 2017 The field was shut on June 21 following a gas leak.
Hurricane Energy to Raise $520 Million to Fund North Sea Field
Thursday, June 29, 2017 Hurricane Energy plans to raise $520 million for test drilling at its Lancaster oilfield in the North Sea, a major milestone for the project that could breathe new life into the ageing offshore basin.
First Gas Delivered from North Sea Field
Wednesday, June 28, 2017 First gas has been delivered on schedule from the Cayley field, the third and final new discovery to be brought on stream during the major redevelopment of the Montrose Area in the Central North Sea.
IOG Welcomes OGA North Sea Tight Gas Plan
Tuesday, June 27, 2017 Independent Oil and Gas plc welcomes the Oil and Gas Authority's publication of the Southern North Sea Tight Gas Strategy.
Production Efficiency on UKCS Rises Again
Thursday, June 15, 2017 Production efficiency on the UK Continental Shelf (UKCS) rises for a 4th consecutive year to 73%.
EnQuest On Track For Kraken First Oil Before End of June
Thursday, May 25, 2017 EnQuest is on track to achieve first oil from the Kraken development in the UK North Sea before the end of June, according to the company's CEO Amjad Bseisu.
BP Brings Quad 204 Project Online
Monday, May 22, 2017 BP announces the commencement of first oil from the redeveloped Schiehallion Area, following the completion of the Quad 204 project in the west of Shetland region, offshore UK.