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Libya's Sharara Oil Field Reopens after Strike
Libya >> 6/8/2017 - Libya's major Sharara oil field has reopened after a workers' protest and should return to normal production within three days, the National Oil Corporation said in a statement early on Friday. ...
Woodside Faces Delay on Senegal Oil Project over Ownership Row
Senegal >> 6/8/2017 - A dispute between two Australian energy companies escalated, potentially delaying a promising oil project off Senegal which was due to start producing as early as 2021. The deepwater SNE project is be...
Ten Million Tons of Oil Produced at Lukoil Fields in North Caspian
Russia >> 6/7/2017 - LUKOIL has reached another milestone with ten million tons of oil produced at Yury Korchagin and Vladimir Filanovsky fields in the North Caspian. ...
PDVSA Started Production in the Joint Venture Petrovictoria
Venezuela >> 6/6/2017 - Petroleos de Venezuela, SA (PDVSA) added to its production the first oil barrel from the mixed company Petrovictoria, located in the southern Monagas state, in the Orinoco Oil Belt Hugo Chavez, as par...
Egypt Aims to Cut Fuel Imports to 10% of Consumption by 2019
Egypt Aims to Cut Fuel Imports to 10% of Consumption by 2019 Egypt >> 6/4/2017 - Egypt is looking to ramp up petroleum production over the next two years, aiming to reduce fuel imports to about 10 percent of total consumption from 30 percent currently, media quoted Oil Minister Ta...
Buchan Oil Production Vessel to Be Decommissioned in Shetland
United Kingdom >> 6/2/2017 - After 36 years and almost 150mm barrels of oil, the Buchan Alpha facility in the UK North Sea ceased production, as planned, on 12 May 2017. Buchan Alpha is a semi-submersible moored floating producti...
Rosneft & TMK Sign Long-Term Tubular Supply Contracts
Russia >> 6/2/2017 - Rosneft and Tubular Metallurgical Company (TMK) entered into a long-term production casting and tubing supply contracts at the XXI St. Petersburg International Economic Forum. The document was signed ...
LEKOIL Ramping Up Production at Otakikpo Marginal Field
Nigeria >> 6/1/2017 - LEKOIL, the oil and gas exploration, development and production company with a focus on Africa, has received payment for its first cargo lifted from the Otakikpo Marginal Field in OML 11, announced on...
Oriental Energy Starts Propylene Production at Two Facilities Using Honeywell Technology
China >> 5/31/2017 - Honeywell (HON) announced that Ningbo Fortune Petrochemical Co. Ltd. and Zhangjiagang Yangzi River Petrochemical Co. Ltd. (YRPC), both subsidiaries of Oriental Energy Co. Ltd., each are producing 600,...
Husky Approves West White Rose Project & Announces New Discovery
Canada >> 5/28/2017 - Husky Energy and its partners will use a fixed wellhead platform tied back to the SeaRose floating production, storage and offloading (FPSO) vessel. The platform, which has received regulatory approva...
Oil output capacity seen rising 25% in 5 years
Iran >> 5/27/2017 - Iranian Oil Minister Bijan Namdar Zanganeh has said he sees the country adding 25 percent to its oil production capacity in the next five years. ...
Eland Oil & Gas Provides Update on Opuama Field Production
Nigeria >> 5/25/2017 - Eland Oil & Gas PLC, an oil and gas production and development company operating in West Africa with an initial focus on Nigeria, is pleased to announce that Elcrest Exploration and Production Nigeria...
More than 4 million Barrel of SP 20&21 Gas Condensate Exported
Iran >> 5/24/2017 - Following the increase in products with high added value, SP20&21 export of gas condensate have reached to more than 4 million barrel. ...
Shell & Exxon May Appeal over Planned Groningen Gas Output Cut
Netherlands/Holland >> 5/24/2017 - A joint venture between Royal Dutch Shell and Exxon Mobil said it was considering appealing against a Dutch government plan to cut production at the Groningen gas field by 10 percent. The Dutch state ...
NPD Grants Consent for Start-Up of Gina Krog Field
Norway >> 5/24/2017 - The Norwegian Petroleum Directorate has granted consent for start-up of production from the Gina Krog field in the North Sea. Operator Statoil is planning start-up in late June 2017. The field has bee...
Black Sea Oil & Gas to Start Offshore Gas Production In 2019
Romania >> 5/24/2017 - Black Sea Oil & Gas said it aims to start production at two gas fields off Romania by 2019, becoming the first company to tap the country's vast offshore resources. The Romanian company, controlled by...
China’s First Successful Pilot Production of Marine Natural Gas Hydrates
China >> 5/23/2017 - The Ministry of Land and Resources of the People’s Republic of China held an on-the spot meeting at the Blue Whale 1 semi-submersible drilling rig in the Shenhu Area of the Northern South China Sea to...
BP Aiming at 4 Million Barrels a Day by 2020
Iran >> 5/21/2017 - During the Annual General Meeting, the company’s Chairman Carl-Henric Svanberg said that with BP’s recent recent investments, «in a few years’ time, our production should be back at the same level as ...
Eni Starts Production from Offshore Cape Three Points Block
Ghana >> 5/20/2017 - Eni has launched production from the Integrated Oil & Gas Development Project, in the Offshore Cape Three Points (OCTP) block, off Ghana’s western coast, in just two and a half years, and three months...
Norway Sees Decrease in April Oil and Gas Production
Norway >> 5/19/2017 - Preliminary production figures for April 2017 show an average daily production of 2 111 000 barrels of oil, NGL and condensate, which is an decrease of 38 000 barrels per day (approx. 2 percent) compa...

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