Production News

Saudi Aramco to Boost Gas Production at Hawiyah, Haradh
Saudi Arabia >> 1/20/2017 - Saudi Aramco plans to boost gas production at its Hawiyah and Haradh plants to meet growing domestic energy needs, industry sources said. ...
Alexey Miller Briefs Vladimir Putin on Gazprom’s Performance in 2016
Russia >> 1/20/2017 - A working meeting took place today between Vladimir Putin, President of the Russian Federation, and Alexey Miller, Chairman of the Gazprom Management Committee. ...
Oil Prices Fall on Strong Dollar, US Output Rise Expectations
United States >> 1/18/2017 - Oil prices fell to their lowest in a week, on a strong dollar and expectations that U.S. producers would boost output even as OPEC's output fell from a record high. U.S. shale production is set to sna...
New Production Capacities at Bovanenkovskoye Field Enter Operation
Russia >> 1/18/2017 - The ceremonial inauguration of new production capacities and the Bovanenkovo – Ukhta 2 gas trunkline took place today at the Bovanenkovskoye field. The event was attended by Alexey Miller, Chairman of...
Saudi Aramco to Continue Building Oil, Gas Capacity to Meet Demand
Saudi Arabia >> 1/17/2017 - Saudi Aramco Chief Executive Amin Nasser said the state oil giant was working on building its oil and gas production capacity to meet future demand growth. ...
Norway Sees Decrease in December Production
Norway >> 1/17/2017 - Preliminary production figures for December 2016 show an average daily production of 2 094 000 barrels of oil, NGL and condensate, which is a decrease of 60 000 barrels per day (approx. 3 percent) com...
CNOOC Commences Production at the Enping 23-1 Oil Fields
China >> 1/17/2017 - CNOOC Limited has announced that the Enping 23-1 oil fields have commenced production.The Enping 23-1 oil fields are located in the Pearl River Mouth Basin of the South China Sea with an average water...
ADNOC Shuts Half Capacity at Ruwais Refinery after Fire
United Arab Emirates >> 1/16/2017 - Abu Dhabi National Oil Company (ADNOC) has shut half the capacity at its 800,000 barrels-per-day Ruwais refinery after a fire there last week, three industry sources familiar with the matter said. ...
Rospan Increased Gas Production by 46% & Gas Condensate Production by 48%
Russia >> 1/16/2017 - In 2016, Rospan International, Rosneft subsidiary, increased gas production by 46 % YoY t? reach 6.2 bcm. Gas condensate production increased by more than 48% YoY, to over 1.2 mmt. The production grow...
Lorestan Petchem Plant Operational
Iran >> 1/16/2017 - Lorestan Petrochemical Plant has come on-stream with 90% of its nameplate production capacity, the facility's CEO said. Mohammad Hossein Maghazehei said the plant has produced 137,000 tons of petroche...
Iraq is Keen to Succeed the Agreement of OPEC to Cut Production
Iraq >> 1/16/2017 - The work sheet which was presented by Mr. Jabbar A. Allibi the minister of oil during the annual energy forum in Abu-Dhabi, took a considerable attention by the economic entities and the concerned aut...
Aker BP Sees Production Growth in 2007
Norway >> 1/16/2017 - Aker BP ASA (AKER BP) increases reserves and maintains very good results in exploration, drilling and wells, projects and production. The company has a strong cash flow outlook and its robust balance ...
Libya's oil production up to 750,000 bpd
Libya >> 1/14/2017 - Libya's oil production is up to 750,000 barrels per day (bpd), the deputy leader of the U.N.-backed government said on Friday, a rise of about 50,000 bpd from last week. A two-year blockade on pipelin...
Iran Reachs Qatar in South Pars Gas Production
Iran >> 1/14/2017 - Mohammad Meshkinfaamannounced the current daily production of South Pars field as 500 million cubic feet meters in the press conferences held on the occasion of the 18th anniversary of the company est...
CNOOC Commences Production at Penglai 19-9
China >> 1/13/2017 - CNOOC Limited has announced that the Penglai 19-9 comprehensive adjustment project has commenced production. ...
Russia's Novatek Says Gas Output Down 2.7% In 2016
Russia >> 1/13/2017 - Russia's No.2 natural gas producer Novatek said its gas output declined by 2.7 percent in 2016, while gas condensate and oil production jumped by almost 37 percent as it commissioned new fields. ...
OMV to Resume Production at Maari Oil Field
New Zealand >> 1/12/2017 - The Maari oil-field, 80km off the Taranaki Coast, is set to progressively resume production this week says its operator, OMV New Zealand. The company stopped production in late November last year as a...
Horizon Oil Reports Significant Production Milestone at Beibu Gulf Fields
China >> 1/12/2017 - Horizon Oil has advised that on 10 January 2017 production from the Beibu Gulf fields, offshore China, which came on stream in March 2013, reached a total of 13.9 million barrels of oil. ...
Petrobras Reaches Its Production Target
Brazil >> 1/11/2017 - Petroleo Brasileiro S.A., Petrobras reports that the Company’s average oil production in Brazil reached an annual historical record in 2016, at 2.144.256 barrels per day (bpd), 0.75% above the results...
Gazprom Neft Expects to Start Pilot Project Works at Severo-Samburgskoye Field in 2017
Russia >> 1/10/2017 - Gazprom Neft subsidiary Gazpromneft-Yamal has announced plans to begin pilot operations at the Severo-Samburgskoye field, located in the Purovsky district in the Yamalo-Nenets Autonomous Okrug, in 201...

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