Production News

Syria Block 26 Production & Operations Update
Syria >> 10/17/2011 - Gulfsands Petroleum plc, the oil and gas production, exploration and Development Company with activities in Syria, Iraq, Tunisia, Italy and the U.S.A., provide the following update on oil production i...
Eni starts production in Libya
Libya >> 10/15/2011 - Eni started re-opening production in Abu- Attifel. A first batch of five wells was successfully re-opened to production with about 30,000 bpd yesterday. In the next 48 72 hours other wells will be r...
Libya Says Oil Output to Hit 1 Million Bpd
Libya >> 10/12/2011 - Production from a Libyan oil field will restart within days and the country should be able to pump 1 million barrels per day (bpd) within a year, the interim oil and finance minister said. ...
PetroVietnam Submits Bid to Acquire ConocoPhillips Assets
Vietnam >> 10/12/2011 - Vietnam Oil & Gas Group, known as PetroVietnam, said it submitted a bid this week to buy all of ConocoPhillips (COP)s energy assets in Vietnam to boost production. ...
Gas Sales Agreement for Block 60
Oman >> 10/11/2011 - Gas Sales Agreement for Block 60 was signed at the Ministry of Oil and Gas between the Government of the Sultanate of Oman and Oman Oil Company Exploration & Production LLC. ...
Oman Production to Increase Averaging 6,365 Bopd
Oman >> 10/10/2011 - Test production from the Early Production System (EPS) on Blocks 3 and 4 onshore the Sultanate of Oman continues and amounted in September to 190,938 barrels of oil, corresponding to 6,365 barrels of ...
Rumaila South Oilfield Shut After Bombs Hit Pipeline
Iraq >> 10/8/2011 - Output at Iraq's Rumaila oilfield has been cut to 530,000 barrels per day from about 1.24 million bpd after two bombs hit pipelines on Friday and halted some production, a senior Iraqi oil official sa...
Libyan Oil Export Flow a Trickle, Not a Gush
Libya >> 10/7/2011 - Libya's prized light, sweet oil is trickling slowly onto the global spot market but demand from domestic refiners, production glitches and an internal struggle for control of the sector means it is un...
Gazprom and Kogas Interest in Pipeline Gas Supplies
South Korea >> 10/7/2011 - Today in Dubronvik (Croatia) Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee met with Choo Kangsoo, President Chief Executive Officer of Kogas within the IGU Council Meeting....
OGX & Shell Sign Commercialization Agreement for Waimea Oil
Brazil >> 10/6/2011 - OGX, the Brazilian oil and gas company responsible for the largest private-sector exploratory campaign in Brazil, announced that on October 6, 2011 it has signed a commercialization agreement with She...
Eni Fears Largest Libyan Oilfield is in Ruins
Libya >> 10/5/2011 - Italian oil major Eni fears its largest oilfield in Libya, known as Elephant, may be in ruins, which could dash hopes of a speedy return of Libyan supplies to global markets after months of war. "One ...
Shah Deniz Project Receives Three Bids for Gas
Azerbaijan >> 10/3/2011 - BP's Shah Deniz project said it had received three bids for 10 billion cubic metres of gas that will be made available to European customers from the next stage in the fields' expansion. ...
Shell Shuts in 25,000 bpd Oil Output in Nigeria
Nigeria >> 9/26/2011 - Royal Dutch Shell shut in 25,000 barrels per day (bpd) of oil production from its Nigerian Imo River field in the Niger Delta from August 28, the company said on Monday. "We have taken the responsible...
Eni Restarts Production in Libya At Abu-Attifel
Eni Restarts Production in Libya At Abu-Attifel Libya >> 9/26/2011 - Eni restarts production in fifteen Libyan wells in Abu-Attifel, located at 300 km south of Benghazi. At present, the production level is approximately 31.900 Bopd. In the coming days, other wells will...
Total Says Al-Jurf Field in Libya Has Restarted
Libya >> 9/23/2011 - French oil company Total said on Friday production at its Al-Jurf offshore field in Libya had restarted, earlier than expected. "The information that we have received allows us to confirm that produc...
Output Being Restored After Iraq Rumaila Fire
Iraq >> 9/21/2011 - Reduced oil production at Iraq's supergiant Rumaila oil field is being gradually restored, a day after a fire broke out at a state-run gas compression unit and hit crude output, a senior Iraqi oil off...
Azerbaijan May Complete Turkey Gas Talks by Sept 26
Azerbaijan >> 9/20/2011 - Azerbaijan said it may complete gas transit talks with Turkey to ship exports from its Shah Deniz field to Europe by Sept. 26 and sign a final deal in October, giving a potential boost to the European...
Oil Revival Lifts Abu Dhabi 2010 Nominal GDP 16%
United Arab Emirates >> 9/18/2011 - Abu Dhabi's nominal economic output rose 15.9 percent in 2010, after shrinking nearly a quarter in the previous year, helped by recovery in its key hydrocarbon sector, the Gulf Arab emirate's prelimin...
BP Trying to Raise Iraq Oil Output
Iraq >> 9/18/2011 - British oil major BP remains committed to reaching its oil production targets at Iraq's huge Rumaila field and is not renegotiating contract terms, the company's chief executive Bob Dudley said. Iraq'...
Zubair Field to Reach Peak Output by 2017
Iraq >> 9/14/2011 - Iraq's Zubair oilfield will reach its peak output target of 1.2 million barrels per day (bpd) by the start of 2017, a development plan set by Italian Oil Company Eni showed. A group of companies led b...

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