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Oil field
Oil Field
Pioneering Spirit Removes Third Platform from Shell's Brent field
Pioneering Spirit Removes Third Platform from Shell's Brent field.
Oil Field
China's First Large-Scale Heavy Oil Thermal Recovery Development Platform Started Operation
This move fills the technical gap of large-scale thermal recovery of heavy oil in China's offshore fields.
Oil Pipeline
Uganda and Tanzania Sign $3.5bn Oil Pipeline Deal
Tanzania and Uganda have signed an agreement allowing for the construction of a 1,445 km crude oil pipeline.
Oil Field
Ninian Northern Topside Set for Decommissioning at Lerwick Port
The 14,200-tonne Ninian Northern topside has been loaded onto its final resting place – the Dales Voe decommissioning pad at Lerwick Harbour.
Oil Field
Husky Energy Nearing Completion of Chinese Gas Project
Canadian oil and gas company Husky Energy is nearing the startup of the Liuhua 29-1 field at the Liwan Gas Project offshore China.
Oil Field
Saudi Arabia Announces Siscovery of New Oil, Gas Fields
The two fields, Hadat Al-Hajrah gas field in the Al-Jawf region and Abraq Al-Talul oil field in the northern border region, were discovered by the Saudi Arabian…
Oil Field
Iran Fast Tracks Development Of Huge West Karoun Oil Field
The West Karoun fields together contain at least 67 billion barrels of oil in place and, with an average recovery rate currently of only around 4.5 per cent.
Oil Field
Brazil's Petrobras Puts Another Small Refinery and 26 Oilfields on the Block
Brazil's Petrobras has initiated the sale process for a group of 26 onshore and shallow water oilfields and a small nearby refinery in the northeastern part of …
Oil Field
Kazakhstan Reduces Production of Oil and Condensate by 1.4%
Oil and condensate production decreased by 1.4% in seven months of 2020.
Oil Field
Petrobras Reaches Record Buzios Output in July
Brazilian oil major Petrobras has broken a monthly oil production record on its Buzios deepwater field offshore Brazil.
Oil & Gas Trade
US Firm Secures Oil Deal with US-Backed Forces in Syria
A U.S. company has reportedly reached a deal with Kurdish-led authorities in northeast Syria to develop and export crude oil in areas under their control in the…
Oil Field
CNPC in Talks to Buy $1.5-Billion Stake in BP’s Oman Gas Field
Chinese state-held giant China National Petroleum Corporation is in advanced talks to buy a 10-percent stake in a giant natural gas field in Oman from BP in a d…
Oil Field
TAQA Files Decommissioning Plans for Two North Sea Platform Topsides
TAQA Bratani has filed its decommissioning programs for the Tern and North Cormorant platform topsides, located in the UK North Sea, to the UK authorities.
Oil Field
Petrobras, Karoon Agree on Changes to Terms of $665 mln Sale of Baúna Field Stake
Under the new terms, Karoon is paying an initial $380 million to Petrobras, including a $49.9 million downpayment made on July 24.
Oil & Gas Trade
Kuwait Heavy Oil Output to Hit 75,000 b/d by September
State-owned KPC's upstream arm KOC has been ramping up production from the South Ratqa heavy oil field and expects to reach its phase one plateau target of 60,0…
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