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Johan Sverdrup Increasing Production Capacity
Wednesday, November 18, 2020The Johan Sverdrup field is increasing its daily production capacity to around 500,000 barrels of oil by the end of the year.
Karish Development 85 Percent Complete
Tuesday, November 17, 2020Energean's (LSE: ENOG) Karish project in Israel is now 85 percent complete, the company has revealed in a statement posted on its website.
OPEC+ Gets Scant Relief from Vaccine
Monday, November 16, 2020Oil markets may be cheering the prospects of a coronavirus vaccine, but OPEC+ can't celebrate.
Production Shut In at Catcher After Fire
Friday, November 13, 2020Premier Oil (OTCMKTS: PMOIY) revealed Thursday that a fire broke out onboard the Catcher FPSO on November 9, which resulted in production being shut in.
First Unconventional Gas from UAE Delivered
Thursday, November 12, 2020The Abu Dhabi National Oil Company and Total (NYSE: TOT) have delivered the first unconventional gas from the United Arab Emirates.
Libya Oil Production at 1.1 Million Barrels a Day
Wednesday, November 11, 2020Libya boosted oil output to more than 1.1 million barrels a day, inching closer to the level it was producing before the country's civil war all but shut down its energy industry in January.
Libya Oil Output Hits 1 Million Barrels
Monday, November 09, 2020Libya boosted oil production to more than 1 million barrels a day, a milestone for the North African country after civil war all but shut its energy industry.
Oil Up on Weaker Dollar and OPEC+ Taper Delay Noise
Tuesday, November 03, 2020Oil gained following a broader risk-on sentiment in markets and as OPEC+ inches closer to delaying a planned easing of output cuts.
S.America Offshore Output on Track to Pass N.America
Tuesday, November 03, 2020South America's offshore production is on track to surpass North America's by 2024, despite the effects of Covid-19, according to GlobalData.
Oil at 5-Month Low on Lockdowns and Libya
Monday, November 02, 2020Oil kicked off what promises to be a turbulent week of trading by plunging to a five-month low.
US GOM Oil and Gas Production Returning
Monday, November 02, 2020U.S. Gulf of Mexico oil and gas production is returning after being forced offline by Hurricane Zeta.
85 Percent of US GOM Oil Output Offline
Friday, October 30, 2020The BSEE has estimated that, as of Thursday, approximately 84.8 percent of the current oil production in the U.S. Gulf of Mexico has been shut-in.
Zeta Almost Halves US GOM Oil Output
Wednesday, October 28, 2020Around 49.45 percent of oil production in the U.S. Gulf of Mexico has been shut-in due to Tropical Storm Zeta.
The Latest on the Resurgence of Libya's Oil Sector
Wednesday, October 28, 2020Libya's energy industry reached a milestone over the past week with the reopening of the last of its oil fields and ports following a truce in a years-long civil war.
BP Achieves First Gas from Offshore Egypt Field
Tuesday, October 27, 2020The Qattameya field is tied back to existing Ha’py and Tuart infrastructure. PHOTO SOURCE: BP
Zeta Knocks Out 16 Percent of US GOM Oil Production
Tuesday, October 27, 2020Almost 16 percent of oil production and six percent of gas production in the U.S. Gulf of Mexico has been shut in as a result of Tropical Storm Zeta.
Libya Reopens Last Major Oil Field
Monday, October 26, 2020Libya is set to restart the last of its major oil fields following a ceasefire in its civil war.
Talos Achieves First Oil in Green Canyon Field
Tuesday, October 20, 2020The Bulleit field in the Green Canyon area of the Gulf of Mexico produced first oil last week.
COP In Talks to Buy Rival and More
Saturday, October 17, 2020Here are some of Rigzone's top upstream stories during the last week, just in case you missed them...
Libya Oil Output Reaches 500K Bpd
Friday, October 16, 2020Libya's daily oil production has risen to around 500,000 barrels, according to people familiar with the situation.
30 Percent of US GOM Oil Output Still Offline
Thursday, October 15, 202030.73 percent of U.S. Gulf of Mexico oil production was still shut-in on October 14 as a result of Hurricane Delta.
BP Produces First Gas from Oman Field with OQ and Petronas
Tuesday, October 13, 2020BP reported Monday that it has begun production from the Ghazeer field in the Omani desert ahead of schedule.
91 Percent of US GOM Oil Still Knocked Out
Monday, October 12, 2020The BSEE revealed on Sunday that 91.01 percent of oil production and 62.15 percent of gas production in the U.S. Gulf of Mexico was still shut-in as a result of Hurricane Delta.
Libya May Double Oil Output Next Week
Monday, October 12, 2020Libya took a major step toward reviving its battered oil industry by reopening its biggest field.
92 Percent of US GOM Oil Production Shut-In
Friday, October 09, 2020The BSEE estimates that approximately 92 percent of the oil production in the U.S. Gulf of Mexico has been shut-in in response to Hurricane Delta.
Oil Steady with Hurricane Threatening Gulf Output
Thursday, October 08, 2020Oil steadied near $40 a barrel in New York after a selloff prompted by rising U.S. stockpiles.
OPEC+ Sweats Next Move
Thursday, October 08, 2020The world is awash with oil. Yet, in less than eight weeks, OPEC+ is set to pour even more barrels into the glut.
Strike Shuts 4 Equinor Fields
Monday, October 05, 2020Equinor (NYSE: EQNR) has conducted a controlled closure of the Gudrun, Gina Krog, Kvitebjorn and Valemon fields after the Lederne trade union stepped up its strike.
Aker Bags Conoco Tommeliten Work
Monday, October 05, 2020Aker Solutions (FRA: 1AKA) has bagged multiple contract awards from ConocoPhillips (NYSE: COP) related to the Tommeliten Alpha development offshore Norway.
Caribbean Refinery Restarts After Eight Years of Disuse
Tuesday, September 29, 2020A Caribbean refinery shut for most of this decade is coming back to life.
$2B North Sea Field Gets Green Light
Monday, September 28, 2020Equinor (NYSE: EQNR) has decided to develop the Breidablikk field in the North Sea.
Citgo Sets Timeline to Restart Louisiana Refinery
Friday, September 25, 2020CITGO's Lake Charles refinery, above, sustained damage from Hurricane Laura. PHOTO SOURCE: CITGO Petroleum Corp.
US GOM Production Returning After Hurricane Sally
Monday, September 21, 2020Oil and gas production in the U.S. Gulf of Mexico is getting closer to 100 percent.
Eastern South China Sea Project Comes Online
Monday, September 21, 2020CNOOC Limited (HKG: 0883) announces that the Liuhua 16-2 oilfield/20-2 oilfield joint development project has started production.
Libya Edges Closer to Reopening Oil Sector
Monday, September 21, 2020Libya moved closer to reopening its battered oil industry after the state energy firm said it would resume exports, though only from fields and ports that are free of foreign mercenaries and other fighters.
UAE Signals It Will Atone for Pumping Too Much
Wednesday, September 16, 2020The United Arab Emirates sent a fresh signal it will make up for pumping too much oil in the past two months.
US GOM Production Shuts Again
Tuesday, September 15, 2020U.S. Gulf of Mexico oil and gas production has been shut-in as a response to Tropical Storm Sally.
Mexico Cuts Pemex Oil Output Forecast
Wednesday, September 09, 2020Mexico is cutting its 2021 forecast for oil production at Petroleos Mexicanos by 8.4 percent.
US GOM Oil Slowly Coming Back
Tuesday, September 01, 2020U.S. Gulf of Mexico oil production is slowly returning following Hurricane Laura.
70 Percent of US GOM Oil Still Offline
Monday, August 31, 2020Approximately 69.76 percent of the current oil production in the U.S. Gulf of Mexico remained shut in as of August 30.
Oxy in Billion Dollar Deal and More
Sunday, August 30, 2020Here are some more of Rigzone's top stories during the last week, just in case you missed them...
Oil Steadies on Mixed Storm Developments
Tuesday, August 25, 2020Oil steadied as one of two storm fronts menacing crude production and refineries in the U.S. Gulf of Mexico was downgraded, while the other gathered strength.
82+ Percent of US GOM Oil Production Offline
Tuesday, August 25, 2020Approximately 82.4 percent of the oil production in the U.S. Gulf of Mexico has been taken offline in response to tropical storms Marco and Laura.
1MM+ US GOM Barrels Shut In Due to Storms
Monday, August 24, 2020More than one million barrels of oil per day have been shut in on the U.S. Gulf of Mexico.
Oil Majors Make Uncomfortable Admissions
Saturday, August 22, 2020Here are some of Rigzone's top stories during the last week, just in case you missed them...
Shut In Oil Production Is Coming Back
Monday, August 17, 2020Most U.S. onshore operators will restore nearly all shut in oil volumes by the end of the third quarter.
Phase 3 of Giant Brazil Project Launched
Monday, August 17, 2020Total SE announced Monday that it and its partners have decided to launch the third phase of the 'giant' Mero project.
OPEC+ Seeks to Defend Oil Market Gains
Monday, August 17, 2020OPEC and its allies have achieved the oil market equivalent of a high-wire act.
Oil Drilling Collapse Deepens
Sunday, August 16, 2020Here are some of Rigzone's top stories during the last week, just in case you missed them...
US Shale Producers at a Crossroads
Tuesday, August 11, 2020U.S. shale producers are at a crossroads as they find themselves more efficient than ever.