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Oil and Gas Equipment
FPSO Atlanta to Start Production off Brazil in Coming Days
Brazilian oil and gas company Brava Energia has received the authorization from the National Agency of Petroleum, Natural Gas and Biofuels (ANP) to start produc…
Canada
Coelacanth Energy Eyes Tenfold Increase in Oil Production in 2025
"We believe we're going to be able to create significant value over the next three to five years," said Rob Zakresky, president and CEO of Coelacanth Energy…
Libya
Libya’s Oil Production Surpasses Annual Target
The National Oil Corporation (NOC) announced that daily crude oil production has surpassed its annual target, reaching 1,405,609 barrels of crude oil and an add…
Iran
Iran Increases Oil Production by 250,000 B/D
Iran is increasing oil production by additional 250,000 b/d, ABC.AZ informs, quoting Iranian Oil Minister Mohsen Paknejad.At the end of November, Hamid Bovard, …
Crude Oil
Nigeria’s 2 Million Bpd Oil Production Target Under Threat
The Central Bank of Nigeria (CBN) has raised concerns about the ageing pipeline infrastructure and operational inefficiencies, identifying them as key factors r…
Brazil
Brazil Plans to Significantly Increase Oil Production by 2025
Brazil's oil production is expected to reach 3.6 million barrels per day (bpd) in 2025, up about 6 per cent from an accumulated average of 3.4 million bpd t…
Crude Oil
Hanwha Ocean’s Fixed Platfrom Achieves Early Oil Production
Hanwha Ocean, a shipbuilding unit of Korea’s Hanwha Group, announced Wednesday that its offshore oil platform began to produce crude oil two weeks before …
Crude Oil
Nigeria’s Crude Oil Output to Increase as Shettima Inaugurates $315M FPSO in Dubai
Nigeria’s crude oil production will rise by 30,000 barrels per day (bpd) as Vice President Kashim Shettima inaugurated Oriental Energy Resources Limited&r…
Crude Oil
Argentina to Eclipse Colombia as Oil Production Growth Continues
Crude oil production in the Vaca Muerta shale formation in Argentina is about to hit 1 million barrels per day this decade. The forecast came recently from Ryst…
Crude Oil
Oil Production Hits 1.7mbpd – FG
The Federal Government has declared that Nigeria’s oil production, including condensates, increased by 9.9 per cent to 1.69 million barrels per day in Nov…
Crude Oil
OPEC Daily Crude Output up 0.5% in Nov.
Crude oil production from the Organization of Petroleum Exporting Countries (OPEC) increased by 0.5%, or by 104,000 barrels per day (bpd), in November to averag…
Oil Price
US Agency Expects Oil Production to Grow in 2025 Despite Opec+ Decision
The US Energy Information Administration (EIA) expects global oil production to increase next year, with the bulk coming from countries outside the Opec+ group.…
Crude Oil
Oando Raises Oil Production Output by 50%
Oando Plc says it has increased its crude oil production output by almost 50 per cent in three months.It said the achievement followed the acquisition of Nigeri…
Oil Price
OPEC+ Delays Revival of Its Oil Production by 3 Months
OPEC+ 将恢复石油生产的计划推迟了三个月，这是该组织在原油价格因供应过剩而苦苦挣扎之际第三次推迟这一举措。以沙特阿拉伯和俄罗斯为首的欧佩克推迟了一系列增产计划，原定于…
Oil Price
SEB: Speculation Surrounding Potential USA Oil Output Surge Gains Attention
In a Skandinaviska Enskilda Banken AB (SEB) report sent to Rigzone on Thursday, Ole R. Hvalbye, a commodities analyst at the company, said speculation surroundi…
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