Field Development News


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Lancaster EPS Subsea Installation Completed
Thursday, September 13, 2018 Hurricane Energy says the installation of subsea umbilical, risers and flowlines for the Lancaster Early Production System has been 'successfully completed'.

Gazprom Neft Joins Forces with CNPC to Develop EOR Tech
Thursday, September 13, 2018 Gazprom Neft announces that it has joined forces with China National Petroleum Corporation to develop enhanced oil recovery technologies.

Neptune Field in Russia Sees 1.6-Fold Reserves Increase
Tuesday, September 11, 2018 Russia's Federal Agency for Mineral Resources has confirmed hydrocarbon reserves at Gazprom Neft's Neptune field at 415.8 million tons of oil, the company announces Tuesday.

Oceaneering Sees Reason for More Offshore Confidence
Monday, September 10, 2018 Oceaneering and Subsea 7 will supply an umbilical and flying leads for Shell's deepwater Vito development.

Gulf Keystone To Resume Spending To Boost Shaikan Oil Output
Monday, September 10, 2018 Gulf Keystone Petroleum is resuming spending on the Shaikan oilfield in the Iraqi region of Kurdistan.

Zohr Field Now Producing 2 Bcf Per Day
Monday, September 10, 2018 Eni announces that the Zohr field offshore Egypt is now producing 2 billion cubic feet per day.

Serica Agrees with BP to Extend Completion Timetable for BKR Transaction
Friday, September 07, 2018 Serica Energy agrees with BP to extend the completion timetable for the BKR transaction to early November.

Union Strike Halts Rigs At Ecopetrol Oilfield, Production Unaffected
Thursday, September 06, 2018 A 24-hour strike has stopped oil rigs and affected well maintenance at Ecopetrol's La Cira-Infantas oilfield, Ecopetrol and the USO union say.

Lukoil Taps SNC-Lavalin for Iraq Contract
Thursday, September 06, 2018 West Qurna Phase 2 comprises three main phases: two for the Misrif formation and one for the Yamama formation.

Aker Energy To Submit Plan For Ghana Offshore Field In 2019
Thursday, August 30, 2018 Aker Energy will delay submitting a plan for development of its block off Ghana.

Wood Study Explores Modular Options for Hammerfest LNG
Wednesday, August 29, 2018 Hammerfest LNG can produce 4.3 million tons per annum of LNG sourced from the 'Snow White' field in the Barents Sea.

Equinor Explores Floating Wind Turbines To Power N. Sea Oilfields
Tuesday, August 28, 2018 Equinor is considering whether to build a pioneering offshore wind farm with floating turbines to supply electricity to 2 North Sea oilfields.

Report Envisions 30,000 New Offshore Brazil Jobs
Tuesday, August 28, 2018 Wood Mackenzie contends that Brazil's mature Campos basin oil fields could produce an extra 230,000 boepd with the right investment.

Lundin Petroleum Raises Size Of Norway's Rolvsnes Oil Discovery
Monday, August 27, 2018 The Rolvsnes oil and gas discovery in Norway's North Sea is almost five times as large as initially thought.

South Sudan Resumes Pumping 20,000 Bpd From Oilfield Suspended Since 2013
Monday, August 27, 2018 South Sudan has resumed pumping 20,000 barrels per day (bpd) of crude from the Toma South oilfield.

Equinor, Partners to Develop Next Phase of Johan Sverdrup
Monday, August 27, 2018 Equinor and partners submit the development plan for the second phase of the Johan Sverdrup project.

Big Oil's Exit Turns into Revival for Norway
Monday, August 27, 2018 The turnaround shows how the changing make-up of Norway's oil industry is putting assets in the hands of new companies willing to invest billions of dollars.

Talks Between Total, North Sea Oil Workers Collapse, Strikes To Go Ahead
Thursday, August 23, 2018 Talks between Total and workers on three of its North Sea oil and gas platforms broke down on Thursday

CNOOC Posts Best Half-Year Profit Since 2015, Domestic Oil Output Drops
Thursday, August 23, 2018 CNOOC says its profits climbed 57% year-on-year in the first half of 2018, boosted by higher crude prices and robust gas sales.

Britain's Premier Oil To Lift Peak Output At Catcher Field
Thursday, August 23, 2018 Premier Oil is set to raise stable peak production at its Catcher field in Britain's North Sea.

Sverdrup Was Norway's Lifeline during Oil Crash
Thursday, August 23, 2018 While Norway's oil-service companies had to slash their fees, Sverdrup's timing also proved a godsend for them.

Industry Body Responds to Tolmount Sanction
Tuesday, August 21, 2018 Oil & Gas UK responds to Premier Oil's announcement that the development of its Tolmount Main gas field has been sanctioned by joint venture and infrastructure partners.

North Sea Tolmount Main Gas Field Gets Green Light
Monday, August 20, 2018 Premier Oil says the development of its Tolmount Main gas field, located in the southern North Sea, has been sanctioned by joint venture and infrastructure partners.

Global Upstream Project Delivery 'Finally Hitting the Mark'
Tuesday, August 14, 2018 Global upstream project delivery is 'finally hitting the mark', according to Wood Mackenzie.

Continental Resources Sees 15-20 Pct Output Growth in 2019
Wednesday, August 08, 2018 A large portion of the company's growth is focused on its SpringBoard development in Oklahoma's SCOOP formation.

EOG Sees Permian Hydraulic Fracturing Work Slowing in 2nd Half
Friday, August 03, 2018 Activity in the Permian Basin, which includes the Delaware, has outpaced pipeline takeaway capacity in recent months.

Noble Energy Gives In to Permian and Transport Challenges, Shares Fall
Friday, August 03, 2018 Noble Energy Inc said on Friday it would shift some investments outside of the Permian Basin and cut back on planned well completions.

Exec Sees UKCS Jump with Shell Penguins Contract
Thursday, August 02, 2018 DNV GL will support Shell and ExxonMobil's redevelopment of the Penguins field.

Bay of Campeche Subsea Tieback Contract Goes to McDermott
Wednesday, August 01, 2018 Pemex has selected McDermott to install two rigid flowlines for its Ayatsil field, which is located in the Bay of Campeche.

Iraq To Take Over Development Of Mansuriyah Gas Field, Nassirya Oilfield
Tuesday, July 31, 2018 Iraq will develop its Mansuriyah gas field near the Iranian border using state-run firms after the 'delay and failure' of international companies to resume work at the field.

Union: Strike At Total's North Sea Oilfields Ended At Midnight
Tuesday, July 31, 2018 A 12-hour strike by 45 workers that shut down production at three of Total's British offshore oil platforms ended as planned at midnight.

Chevron Awards Gorgon Subsea Contract
Thursday, July 26, 2018 The subsea installation will take place in water depths ranging from 250 to 1,340 meters.

Offshore Guyana Block Could Require Five FPSOs
Monday, July 23, 2018 The estimated recoverable resources for the Stabroek Block offshore Guyana has risen by at least 25%.

New Initiative 'Could Help Unlock' Over 3.5B Barrels in UKCS
Friday, July 20, 2018 The OGTC launches an industry-backed initiative, which it says could help unlock more than 3.5 billion barrels of reserves in marginal discoveries on the UK Continental Shelf.

Argentina to Include New Companies in Vaca Muerta Labor Deal
Friday, July 13, 2018 The Vaca Muerta play in Patagonia is one of the world's largest reserves of unconventional hydrocarbons.

Exxon Beefs Up Mozambique LNG Project to Cut Costs Ahead of Bank Talks
Thursday, July 12, 2018 The U.S. oil giant aims to build the world's biggest liquefaction units, or trains, outside Qatar, in Mozambique's remote north.

Premier Oil's Board Approves UK Offshore Tolmount Project
Thursday, July 12, 2018 Premier Oil confirms that its board has approved the Tolmount gas project.

Kazakhstan's Oil Output Rises 6.2% In First Half Of Year
Tuesday, July 10, 2018 Kazakhstan's oil output rose 6.2% year-on-year in the first half of 2018 to 45.2 million tonnes, Energy Minister Kanat Bozumbayev says.

UK's OGA Launches 31st Offshore Licensing Round
Tuesday, July 10, 2018 The Oil and Gas Authority (OGA) launches the 31st Offshore Licensing Round, offering blocks in frontier areas of the UK Continental Shelf.

Australia Regulator Finds Safety Problems On Inpex Offshore Gas Platform
Monday, July 09, 2018 An Australian regulator says it has found some safety problems on the offshore gas platform for Japanese firm Inpex Corp's Ichthys LNG project off northern Australia.

Rovuma LNG Phase 1 Development Plan Submitted to Mozambique Government
Monday, July 09, 2018 Mozambique Rovuma Venture S.p.A submits the development plan for the first phase of the Rovuma LNG project to the Mozambique government.

Spirit Energy to Take on Operatorship of UK North Sea Babbage Field
Friday, July 06, 2018 Spirit Energy Limited reaches an agreement with its joint venture partners in the Babbage field to take on operatorship of the license, where it holds a 13% interest.

Egdon Submits New Planning Application for Onshore Wressle Oil Field
Friday, July 06, 2018 Egdon Resources plc announces the submission of a new planning application for the development of the UK onshore Wressle oil field to North Lincolnshire Council.

NPD: Troll Production Expected to Continue until 'Around 2060'
Tuesday, July 03, 2018 Production from the Troll field is expected to continue until around 2060, the Norwegian Petroleum Directorate (NPD) says.

Norway's Equinor Submits $955 Mln Phase 3 Development Plan For Troll Field
Tuesday, July 03, 2018 Norwegian oil and gas firm Equinor submits a $954.46 million plan to develop gas reserves in the western part of its Troll field.

TechnipFMC Wins Offshore Angola Contract
Monday, July 02, 2018 TechnipFMC wins contract for $1.2 billion, nine-well subsea development.

Algeria Raises Production At Eastern Alrar Gas Field
Monday, July 02, 2018 Output at Algeria's Alrar gas field close to its border with Libya has risen.

Fogelberg 'Shaping Up' to be Spirit's Next Operated Development
Friday, June 29, 2018 Spirit Energy says the Fogelberg project is 'shaping up' to be the company's next operated development.

Oil And Gas Projects Worth $110B Are Coming Off The Backburner
Thursday, June 28, 2018 The oil and gas industry has vastly accelerated the pace of approving investments for new projects over the past 18 months.

Eni To Begin Gas Exploration At Egypt Noor Field In Two Months
Thursday, June 28, 2018 Eni will begin drilling an exploratory well at its Noor field in Egypt's North Sinai in two months, Egyptian oil ministry spokesman Hamdi Abel Aziz tells Reuters.