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News Categories: Production News

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WestSide Prepares for Meridian Gas Field Expansion in Bowen Basin
Thursday, April 24, 2014 WestSide Corporation prepares to commence the first phase of Meridian gas field expansion in southern Bowen Basin, Australia.

Nexen: Planned Works Reduce Flow at North Sea's Buzzard Oilfield
Thursday, April 24, 2014 UK North Sea oilfield Buzzard sees output fall due to maintenance and construction work.

Leni Reports Rig Arrival at Goudron Field
Thursday, April 24, 2014 Leni Gas & Oil reports that Well Services Rig 20 has arrived at the Goudron Field, onshore Trinidad, where it will drill the field's first well since 1981.

Drilling Commences at Badar-2 Well in Pakistan's Middle Indus Basin
Thursday, April 24, 2014 Jura Energy reveals that drilling has commenced at Badar-2 development well in the Badar lease in Pakistan's Middle Indus Basin.

Gas2Grid to Commence Production Testing Soon at Malolos-1 Well in Cebu
Wednesday, April 23, 2014 Gas2Grid will commence production testing soon at Malolos-1 well in the Malolos oil field in Cebu in the Philippines using Rig-2.


Austrian Energy Firm OMV Posts Rise in 1Q Production
Wednesday, April 23, 2014 Austria's OMV sees first-quarter production increase by 12 percent.

Azeri Shipyard, BP Sign $378M Contract On Vessel Construction
Wednesday, April 23, 2014 SOCAR's shipyard and BP sign a $378 million deal to design and build a subsea construction vessel for the Shah Deniz II gas project

PTTEP's Subsidiaries to Acquire Hess' Thai Upstream Assets for $1B
Wednesday, April 23, 2014 PTTEP's subsidiaries sign deal to acquire Hess' stakes in the Contract 4 Project in the Gulf of Thailand and in the Sinphuhorm project.

MOG 1Q Production Down amid Production Challenges
Wednesday, April 23, 2014 Mediterranean Oil & Gas sees its first quarter production more than halve as work continues to reverse production challenges at its assets.

Report: Russia's Yamal LNG Chooses Gas Carriers
Wednesday, April 23, 2014 The Yamal LNG project in Russia's Arctic region chooses Sovkomflot, Mitsui OSK and Teekay LNG to build gas carriers worth $5 billion.

Genel on Track for 60,000-70,000 Barrels per Day in 2014
Tuesday, April 22, 2014 Genel Energy says it remains on track to produce between 60,000 and 70,000 barrels of oil equivalent per day in 2014.

NOC: Libya Oil Output 220,000 Bpd, Several Fields Still Closed
Tuesday, April 22, 2014 Libyan oil output is currently around 220,000 barrels per day as several western oilfields remain closed due to protests.

Neptune Marine Services Wins a Survey, ROV Contract for Ichthys LNG Project
Tuesday, April 22, 2014 Neptune Marine Services wins a survey and remotely operated vehicles contract from McDermott for the Ichthys liquefied natural gas project offshore Western Australia.

PetroChina Aims to Produce 92 Bcf of Shale Gas in 2015
Tuesday, April 22, 2014 PetroChina intends to produce 91.8 billion cubic feet of shale gas in 2015, with production coming from the Sichuan and Yunnan provinces in China.

Rosneft Says Discusses Oil, Gas Projects in Mozambique
Tuesday, April 22, 2014 Rosneft discusses the possibility of becoming involved in Mozambican oil and gas projects.

Range Makes Progress with Trinidad Assets
Tuesday, April 22, 2014 Range Resources reports progress with its onshore assets in Trinidad.

Drilling Continues at Pateke-4H Well in NZ's Offshore Taranaki Basin
Tuesday, April 22, 2014 AWE reports that drilling continues at Pateke-4H development well in petroleum mining permit 38158 offshore Taranaki Basin, New Zealand.

Deepsea Atlantic Resumes Work at Gullfaks Field in North Sea
Monday, April 21, 2014 Deepsea Atlantic resumes work at Gullfaks field in the Norwegian North Sea after a special periodic survey.

Esso Shuts UK Fuel Pipeline After Theft Report
Monday, April 21, 2014 Exxon's UK arm Esso shuts a pipeline running from its Fawley oil refinery near Southampton for checks.

Increase in Petroleum Production Has Positive Impact on Economy
Friday, April 18, 2014 The dramatic, almost unbelievable, increase in crude oil and natural gas production in the United States has many positive implications, Alex Mills says.

Technip Bags Kaombo Umbilical Gig Offshore Angola
Friday, April 18, 2014 Technip has been awarded a large lump-sum contract by Total E&P Angola for the umbilical system part of the Kaombo project.

Russia Ships First Oil From Disputed Offshore Arctic Platform
Friday, April 18, 2014 President Putin hails Russia's first shipment of Arctic offshore oil, saying the platform decried by environmentalists will help Moscow expand its global energy markets share.

Partners in Israel's Leviathan Field Bid to Sell Gas to Cyprus
Thursday, April 17, 2014 The partners developing Israel's offshore Leviathan natural gas field are looking to sell gas through a pipeline to Cyprus, officials say.

Santos Revenue Grows as Projects near Completion
Thursday, April 17, 2014 Higher oil sales offset flat production returns to bolster Australian company Santos' quarterly results.

Hallin Supports Subsea 7 in Offshore Installation Work in Bay of Bengal
Thursday, April 17, 2014 Hallin Marine provides installation support for Subsea 7 on a subsea field development project in the Bay of Bengal offshore India.

Eni, Ukraine Agree On Need To Increase Gas Production
Thursday, April 17, 2014 Eni's Poalo Scaroni and Ukraine's energy minister agree on the need to increase gas production in the country, which is at the center of escalating tensions with Russia.

Italy's Eni Invites Design Proposals for Mozambique LNG Plant
Thursday, April 17, 2014 Eni invites interested companies to put forward design proposals for a floating liquefied natural gas (LNG) plant in Mozambique.

Ezion Bags $79M Charter Contracts to Supply Service Rigs
Wednesday, April 16, 2014 Ezion Holdings bags 3-year charter contracts, worth $78.7 million, for the provision of two service rigs.

BHP Billiton Updates 2014 Production Guidance
Wednesday, April 16, 2014 Operational activities force the diversified resources company to adjust its petroleum division's production guidance for the current financial year.

Oil Minister: Restart Of Libya's Oil Output Hard To Predict
Wednesday, April 16, 2014 Libya's oil minister says there was no clear timetable for the resumption of steady oil output as an end to the stand-off with rebels could still falter.

Kuwait to Award $4.3B Contract this Year for Heavy Oil Project
Tuesday, April 15, 2014 Kuwait plans to award a $4.3B contract later this year for the first phase of a project to produce heavy oil at its northern Ratqa field.

Galp Beats Expectations with Big Oil Output Increase
Tuesday, April 15, 2014 Portugal's Galp sees oil and gas output jump by more than 19 percent during the first quarter of 2014.

Lukoil Sells Interest in Kazakhstan Projects to Sinopec
Tuesday, April 15, 2014 Russia's Lukoil sells stakes in four Kazakhstani hydrocarbon production projects to China's Sinopec.

Iraq Approves S.Korea's Daewoo $588.8M Oilfield Contract
Tuesday, April 15, 2014 Iraq's cabinet approves a $588.8M oilfield service contract with Daewoo Engineering & Construction for the development of the Zubair oil field.

Interra Drills CHK 1184, CHK 1185 Wells in Myanmar's Chauk Oil Field
Tuesday, April 15, 2014 Interra Resources commences drilling development wells CHK 1184 and CHK 1185 at the Chauk oil field in Myanmar.

NZ's Pateke-4H Well Drilling Cost to Rise Due to Operational Difficulties
Tuesday, April 15, 2014 AWE reports that drilling cost for Pateke-4H development well in petroleum mining permit 38158 offshore New Zealand is expected to rise due to operational difficulties.

Horizon Oil Gets Approval to Develop Stanley Gas, Condensate Project in PNG
Monday, April 14, 2014 Horizon Oil receives approval to develop the Stanley gas condensate project in Western Province, Papua New Guinea.

Russia, China Aim to Finish Gas Talks before Putin's May Visit
Monday, April 14, 2014 Russia and China aim to wrap up a 10-year series of talks about Russian gas supplies before Russian President Vladimir Putin visits China in May.

First Production from Sumatra's Lemang Block Likely in 2H 2015, Early 2016
Monday, April 14, 2014 Ramba Energy expects first production from Lemang block in South Sumatra in the second half of 2015 or early 2016.

KCA Deutag Clinches Contract from ExxonMobil for Canada's Hebron Project
Monday, April 14, 2014 KCA Deutag clinches a drilling operations and maintenance services contract from ExxonMobil for the Hebron Project offshore Canada.

Mexico's Proven Oil And Gas Reserves Fall 3% In 2013
Monday, April 14, 2014 Mexico's proven oil and gas reserves fell 3.1% in 2013, according to energy ministry data, as the nation's once-ample shallow water deposits begin to run dry.

Total Goes Ahead with $16B Angolan Kaombo Oil Project
Monday, April 14, 2014 Total decides to go ahead with its Kaombo oil project offshore Angola after lowering its cost by $4 billion to $16 billion.

UAE Energy Minister Hopes Western Partners Keep Oilfields Role
Friday, April 11, 2014 UAE Energy Minister hopes Western firms in charge of Abu Dhabi’s biggest oilfields would continue to keep a role, but that no firm will automatically retain concessions when they come up for renewal.

Congo Republic State Oil Firm Seeks To Revive Oilfields
Friday, April 11, 2014 NPC says it hopes to develop a strategy to pump more oil from fields under-exploited by foreign investors as part of a plan to revive oil production.

Jubilant Declares Commercial the Kathalchari Discovery in Tripura, India
Friday, April 11, 2014 Jubilant Energy declares commercial the Kathalchari discovery in Tripura block in Tripura state in northeast India's Assam-Arakan Basin.

Gas2Grid Prepares for Extended Production Test at Malolos-1 Well in Cebu
Friday, April 11, 2014 Gas2Grid prepares for extended oil production test at Malolos-1 well to confirm the commerciality of Malolos oil field in Cebu, Philippines.