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Oil field
Oil Field
GeoPark Announces Agreement to Sell 10% Working Interest in the Manati Gas Field in Brazil
The total consideration of the transaction amounts to R$144.4 million, including a fixed payment of R$124.4 million plus an earn-out of R$20.0 million, which is…
Oil Field
China Looks To Buy Stake In A Major Iraqi Oilfield
State giants China National Petroleum Corporation and China National Offshore Oil Corporation are interested in buying ExxonMobil’s entire operating stake in o…
Oil Field
Repsol Sinopec Preparing for Decommissioning of UK North Sea Field
Oil and gas company Repsol Sinopec has received approval from the UK authorities for preparation work scopes plan relating to the decommissioning of the Fulmar …
Oil Field
PetroVietnam Pumps First Gas from Sao Vang-Dai Nguyet Offshore Field
State-owned PetroVietnam has started pumping first gas from its Sao Vang-Dai Nguyet field off Vietnam’s southern coast.
Oil Field
Nigeria's NNPC Says First Oil Flowing from Anyala Offshore Field
Nigerian state oil company NNPC and First E&P have begun oil production at the Anyala oilfield, NNPC announced on Thursday.
Oil & Gas Trade
Russia’s Gazprom Finds Record-High Gas Inflow on Kara Sea Shelf
Russian gas monopoly Gazprom has performed another set of tests in the upper levels of the exploration well at the Leningradskoye field of the Yamal gas product…
Oil & Gas Trade
Saudi Arabia and Iraq Agree to Intensify OPEC Cooperation
The ceiling compares with Iraq’s actual production of over 4 million bpd in April.
Oil Field
S Africa Offshore Well Results Could Come This Month
Test results from the Luiperd well in block 11B/12B off South Africa's southern coast could be available by the end of this month.
Oil Field
Sudan to Start Producing Oil at Al-Rawat Oilfield within Two Weeks
Sudan has been trying to lift oil production to lower costly fuel imports after losing 73% of oil output when South Sudan seceded in 2011.
Oil Field
CNOOC Starts up Eighth Project off China in 2020
Oil and gas company CNOOC Limited has started production from the Liuhua 29-1 gas field in the South China Sea.
Oil Field
Western Europe’s Biggest Oilfield Set To Increase Production
The giant Johan Sverdrup oilfield in Norway’s North Sea is expected to increase its oil production this quarter after the Norwegian government raised the Q4 pr…
Oil Field
BP Starts Gas Production from Qattameya Field, Offshore Egypt
BP has announced the start of gas production from its latest development offshore Egypt – the Qattameya gas field in the North Damietta offshore concession.…
Oil Field
LLOG Hatches Development Plan for New Gulf of Mexico Oil Discovery
LLOG Exploration Company has revealed a new discovery in the U.S. Gulf of Mexico and a development plan for the offshore field.
Oil Field
South Africa Discovers Large Deep-Sea Oil and Gas Field for the First Time
South Africa’s Minister of Mineral Resources and Energy Mantashe visited the Luiperd drilling well in the waters near Moso Bay in the Western Cape Province of …
Oil Field
EGYPT: BP Starts Gas Production from Qattameya field
BP has announced the start of gas production from its latest development offshore Egypt – the Qattameya gas field in the North Damietta offshore concession.…
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