Oil field

Oil&Gas Drilling

Aramco Resumes Work on Offshore Oil Capacity Expansion

State-controlled Saudi Aramco has resumed development work on three offshore crude expansion projects that will provide an additional 1.15mn b/d of capacity by …

Crude Oil

BP Halts Production at UK's Foinaven Crude Field

BP said today it has suspended production indefinitely at the Foinaven crude fields west of Shetland as it prepares for the removal of the ageing floating produ…

Oil Pipeline

Uganda, Tanzania Sign Oil Pipeline Project Agreement

1,440 km crude oil pipeline will be constructed from Uganda's Albertine region to Tanzanian seaport of Tanga

Oil & Gas Trade

Libya’s Largest Oilfield Could See Exports Interrupted

The largest oilfield in Libya, the 300,000-bpd Sharara field, could see crude oil exports from it disrupted if members of the Petroleum Facilities Guard follow …

Oil Field

Southeast Asia Looks To Increase Offshore Oil Production

Malaysia and Brunei have signed an agreement to develop two offshore oil fields on the maritime boundary, with greater exploration of recent ultra-deepwater dis…

Oil Field

CNOOC Sees Minimal Output hit from China Oil Field Fire

China's state-controlled CNOOC expects a fire at one of its offshore platforms earlier this week to reduce crude production by around 600,000 bl this year.

Gas Turbine

Siemens Energy Signs Long-Term Service Contract with Aramco

Siemens Energy has signed its first long-term service agreement (LTSA) with Aramco, covering a range of turbines and generators at four major oil fields.

Cooperation case

Iraq Signs Deal with France's Total on 4 Energy Projects

The Iraqi Ministry of Oil announced on Monday the signing of an initial agreement with French oil and gas company Total to build giant infrastructures, develop …

Oil&Gas Drilling

ExxonMobil Nearly Ready to Start up Guyana FPSO Compressor

Oil major ExxonMobil is preparing to start up a gas compressor on SBM Offshore’s Liza Destiny FPSO, operating offshore Guyana, this week following a technical …

Crude Oil

Santos Restarts Production from Offshore Field Trio

Australian energy giant Santos has restarted production from the Ningaloo Vision FPSO following scheduled maintenance in Singapore.

Oil&Gas Drilling

Masirah Completes Oil Project in Oman

Muscat-based Masirah Oil, which operates Block 50 off Oman’s east coast, has completed the planned upgrade of a mobile offshore production unit to 30,000 barre…

Oil Field

118,500 Oil & Gas Wells To Be Drilled Worldwide Through 2022

After a challenging 2020, the oil and gas demand recovery – supported by vaccination efforts and OPEC+ supply cuts – is proving good for drilling activity.

Oil Field

China's New Offshore "Green Oil Field" has been Put into Operation

On the 15th, China National Offshore Oil Corporation announced that the Caofeidian 6-4 oilfield was put into operation.

Oil Field

Eni Through Var Energi Announces New Oil Discovery Offshore Norway

Eni through Var Energi, jointly owned by Eni and by HitecVision (30.15%) announces a new oil discovery in production licence PL532 in the Barents Sea

Oil Field

Equinor Gets Go-Ahead to Drill North Sea Well Duo

Norwegian offshore safety agency, the Petroleum Safety Authority Norway (PSA), has given Equinor consent to drill two exploration wells offshore Norway, using t…