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Oil field
Oil Field
More Time for UK Operator to Breathe Life Into Two North Sea Oil Discoveries
UK-based oil and gas company Orcadian Energy has secured an extension for Phase B of its P2482 license, allowing continued development of the Elke and Narwhal o…
Oil Field
PSC Extension Secured for Totalenergies’ Angolan Deepwater Block
TotalEnergies and its partners have signed an extension to the production sharing contract (PSC) for Block 17, one of Angola’s most productive offshore oi…
Oil Field
Chinese Giant Augments Hydrocarbon Production as Oilfield Project Goes Live
China National Offshore Oil Corporation (CNOOC), a state-owned oil and gas company, has commenced production at the Weizhou 5-3 oilfield development project in …
Oil Field
OKEA Makes New Oil Discovery in North Sea’s Brage Field
Norwegian energy company OKEA, along with its partners, has confirmed a new oil discovery in the southern part of the Prince prospect at the Brage field in the …
Oil Field
EnQuest Restarts Production at UK Field After Four-Week Hiatus
EnQuest, a London Stock Exchange-listed energy company, has resumed production at its Magnus field in the UK sector of the North Sea following a four-week pipel…
Oil Field
Iraq and China’s Geo-Jade Sign Deal for Tuba Oilfield Expansion
Iraq has entered into an agreement with a consortium led by China-based Geo-Jade Petroleum Corp and Basra Crescent to advance an integrated energy project at th…
Oil Field
Two ‘Strategic’ Oil & Gas Fields Come Online Offshore Indonesia
Medco E&P Natuna, a subsidiary of PT Medco Energi Internasional, has started production at the Forel and Terubuk oil and gas fields in the South Natuna Sea Bloc…
Oil Field
New Oil Discovery Springs up in Norwegian Waters
Aker BP, a Norwegian oil and gas company, has announced a new oil discovery in the Norwegian Sea, approximately 6 kilometers southwest of the Skarv field’…
Oil Field
Nigeria Says Exxon Commits $1.5b to Deepwater Development
Exxon Mobil Corp. has committed $1.5 billion to develop a deepwater oil field in Nigeria, as the country seeks to increase its oil production. The investment, p…
Oil Field
Gulf of Thailand Oil Field Revamp Gets Green Light
Valeura Energy has approved redevelopment of its 100%-owned Wassana field in license G10/48, Gulf of Thailand, with a new central processing platform (CPP). The…
Oil Field
Murphy Discovers More Oil in Cuu Long Basin Offshore Vietnam
Murphy Oil Corp. has announced a significant oil discovery in Block 15-1/05, located in the Cuu Long Basin offshore Vietnam. The exploration well Lac Da Hong-1X…
Oil Field
Mexico’s Pemex Aims to Reopen Wells to Boost Falling Oil Output, Documents and Sources Say
Mexico’s state energy company, Pemex, is planning to reactivate closed wells to increase oil production, according to internal documents and four sources famil…
Oil Field
BW Energy Greenlights Maromba Field Development, Offshore Brazil
BW Energy has finalized its investment decision for the Maromba field development offshore Brazil, located 100 km off the coast in the Campos Basin. The project…
Oil Field
Hunt for Partners Coming Soon as Brazilian Oil Project’s Cost Estimates Reach up to $1.2b
Australia’s Karoon Energy is advancing its Neon oil field project in the Santos Basin, 75 kilometers northeast of the Baúna project off Brazil&rsqu…
Oil Field
BW Energy Sets Aside $107M to Boost Production From Brazilian Deepwater Field
BW Energy, listed in Oslo, has approved the final investment decision for the Golfinho Boost project, targeting an additional 3,000 barrels per day of oil produ…
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