Field Development News


Results 50 articles shown

Aker BP Submits $1.8B Field Development Plans
Friday, December 15, 2017 Aker BP ASA has submitted development plans for the AErfugl (formerly Snadd), Valhall Flank West and Skogul (formerly Storklakken) fields to the Norwegian Ministry of Petroleum and Energy.

BP: 2017 'Massive' Year for Global Upstream Projects
Thursday, December 07, 2017 Senior leaders from BP's Global Projects Organization say the company's project performance was positive for 2017 and have high expectations for the future.

Statoil Greenlights $6B Flagship Arctic Oil Project
Tuesday, December 05, 2017 Statoil gave the final go-ahead to a flagship Arctic oil project after slashing costs by half.

Total Says Brazil's Giant Libra Oil Field Produces First Oil
Monday, November 27, 2017 French oil and gas company Total says oil was flowing for the first time from the giant Libra oil field in Brazil.

Officials: BP, Eni Interested In Developing Iraq's Majnoon Oilfield
Monday, November 20, 2017 BP and Eni are among companies that have expressed an interest in developing the giant Majnoon oilfield.

Eni's Giant Gas Field Prompts Egypt to End Imports in 2018
Wednesday, November 15, 2017 Egypt will stop importing LNG in 2018 and may eventually export gas.

About 75,000 Bpd Of Gulf Oil Output Still Shut After Shell Fire
Wednesday, November 15, 2017 A combined 75,206 barrels per day of oil and 215,122 million cubic feet per day of natural gas production are shut-in.

Russia's Rosneft Says To Invest Over $2 Bln In Egypt's Zohr In 2018-2021
Tuesday, November 14, 2017 Rosneft will invest more than $2 billion in Egypt's Zohr gas field in the next four years, the company says.

UK's Tullow Oil Lifts Outlook On Higher Crude Prices, Output
Wednesday, November 08, 2017 Tullow Oil raised its production targets on Wednesday thanks to higher output from its flagship West African fields.

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.

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.

Tethys Oil: 'Exciting Years' Ahead in Omani Blocks
Tuesday, November 07, 2017 Tethys is optimistic about its prospects in Oman Blocks 3&4.

Chevron Canada Okays Duvernay Development
Tuesday, November 07, 2017 'The Duvernay formation is one of the most prospective liquids-rich shale plays in North American,' Chevron Canada President Jeff Gustavson.

Algeria Invests $2 Billion Into Hassi Rmel Gas Field
Monday, November 06, 2017 Algeria's state energy firm Sonatrach starts $2 billion of new investments into the Hassi Rmel gas field to keep production stable at the country's biggest gas field.

Indonesia's Pertamina To Spend $700MM On Mahakam Oil, Gas Block Next Year
Thursday, November 02, 2017 Pertamina plans to spend $700 million on the upkeep of its offshore Mahakam oil and gas block next year to maintain production.

Pioneer Natural 3Q Adjusted Profit Beats Expectations
Wednesday, November 01, 2017 Pioneer Natural Resources posts a better-than-expected adjusted profit, helped by rising commodity prices.

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.

Iraq Works With Kurdish Company to Help Restart Two Oil Fields
Wednesday, October 25, 2017 Iraq's North Oil Co. is working with the Kurdish Kar Group to resume pumping at two disputed oil fields.

Algeria Delays Start Of Southern Touat Gas Field
Wednesday, October 25, 2017 Algeria will delay the start of the southern Touat gas field until the first quarter of 2018.

Ivory Coast 2017 Crude Oil Output Seen Rising Slightly To 40,000 Bpd
Monday, October 23, 2017 Average crude oil output for Ivory Coast in 2017 revised to 40,000 barrels a day, Energy and Petroleum Minister Thierry Tanoh says.

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.

Financial, Security Woes Put Libyan Oil Recovery On Shaky Ground
Wednesday, October 18, 2017 Libya's oil production revival is being undermined by the same financial, economic and security problems that threaten the promise of stability.

Total's CEO Says Will Try To Move Ahead With Iran Gas Project
Tuesday, October 17, 2017 Total will try to push ahead with its Iran gas project if the United States decides to impose unilateral sanctions on Teheran.

Iraq Aims To Double Kirkuk Oil Output Capacity To More Than 1 MMbpd
Tuesday, October 17, 2017 Iraq plans to contract a foreign oil company to almost double the oil production capacity of the northern Kirkuk fields.

Iraqi Forces Seize Oil City Kirkuk From Kurds In Bold Advance
Monday, October 16, 2017 Iraqi government forces captured the major Kurdish-held oil city of Kirkuk, responding to a Kurdish referendum on independence.

BSEE: About 32.7% US Gulf Oil Output Offline Due To Hurricane Nate
Wednesday, October 11, 2017 About 32.7% of US Gulf of Mexico oil production is offline in the aftermath of Hurricane Nate.

Oil Official: Iran's Azadegan Oilfield Tender Delayed To 2018
Tuesday, October 10, 2017 A tender for developing Iran's Azadegan oilfield has been delayed again, a senior Iranian oil official says.

Iraq's Talks with Exxon on Southern Oilfields in Final Stages-Minister
Monday, October 09, 2017 Iraq's talks with Exxon Mobil to develop a multi-billion-dollar project to boost output from several southern oilfields are nearing completion, oil minister Jabar al-Luaibi said on Monday.

Eni Bets Big on Zohr Explorer Finding New Treasure
Friday, October 06, 2017 The Zohr field off Egypt sits in an area that Royal Dutch Shell pored over for years.

Libyan Oil Output Is Set to Rebound as Biggest Field Restarts
Wednesday, October 04, 2017 Libya's oil output is on track to resume its recovery as the OPEC nation's biggest crude deposit started pumping after a three-day forced halt.

Iraq Hopes To Resume Production From Nineveh Oil Fields In Coming Months
Tuesday, October 03, 2017 Iraq Hopes To Resume Production From Nineveh Oil Fields In Coming Months

TECH SHOWCASE: Digital Process Improvement Mentor
Thursday, September 28, 2017 Wellsite data technology aims to put seasoned vets and rookies on near-level playing field in terms of following standards.

Libya Oil Output Gains as Country Faces Calls to Join OPEC Cuts
Wednesday, September 27, 2017 Libya's oil output is rising again after disruptions ended at its biggest field, with production reaching about 950,000 barrels a day.

Large Dutch Gas Find Could Be Even Bigger After Positive Drilling Results
Wednesday, September 27, 2017 A large gas discovery in the Dutch North Sea could be even bigger after an exploration drill beat expectations.

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.

Statoil Among Firms Seeking Stakes in Abu Dhabi Offshore Blocks
Monday, September 25, 2017 Statoil is among producers involved in discussions with ADNOC about joining offshore production in the emirate, according to a Norwegian diplomatic dispatch.

Nigeria's NPDC Says To Raise Output To 300,000 Bpd By 2018
Monday, September 25, 2017 The main subsidiary of Nigeria's state oil company says it planned to increase production from fields.

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.

BP Restores Power At Thunder Horse Platform After Outage
Wednesday, September 20, 2017 BP restores power at its Thunder Horse platform in the US Gulf of Mexico.

BP's Thunder Horse Platform Shut Temporarily On Power Issue
Tuesday, September 19, 2017 BP halts production at its Thunder Horse platform in the US Gulf of Mexico following a power outage.

Algeria's Sonatrach To Boost Output From Rhourde El Baguel Field
Monday, September 18, 2017 Sonatrach will boost gas output by 10 million cubic metres per day at its giant Hassi Messaoud field.

Statoil Sees Eagle Ford Operations Back At Normal This Weekend
Thursday, September 07, 2017 Statoil says it expects its operations in the Eagle Ford shale region of Texas to return to normal.

BP, Reliance Close in on India Gas Field Near Missile Test Site
Thursday, September 07, 2017 Reliance Industries and its partner BP are reviving investment plans for a gas block close to a military missile launching facility in the Bay of Bengal.

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.

Libya's Biggest Oil Field Is Said to Resume Pumping Crude
Thursday, September 07, 2017 Libya's largest oil field resumed production after a halt of more than two weeks.

Senex Wins Australia Gas Field, Aims To Start Producing In 2019
Tuesday, September 05, 2017 Senex Energy says it won the right to develop a new gas field in the state of Queensland and aimed to make its first delivery from the site within two years.

Source: Libya's Sharara Oil Field Reopens After Pipeline Blockade
Tuesday, September 05, 2017 Libya's Sharara oil field, the country's largest, reopens after being shut down for more than two weeks.

Exxon Mobil Plans $200 Mln Investment in Argentina's Vaca Muerta
Friday, September 01, 2017 The company reportedly has asked the government of Neuquen province for a 35-year unconventional production concession.

Drilling of Well at Fogelberg Gas Discovery to Start in Feb/March -Centrica
Friday, September 01, 2017 Norwegian company Island Drilling has won the drilling contract, Centrica said.

Libya's NOC Says Crude Output Down 360,000 Bpd After Oilfields Shut Down
Wednesday, August 30, 2017 Libya's crude production has fallen by 360,000 barrels per day after armed brigades blockaded pipelines and closed three oilfields, NOC says.