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Petrobras Clarified Pre-Salt Layer Production
Brazil >> 12/3/2013 - Petrobras would like to clarify that the National Oil, Gas and Biofuels Agency (ANP) adopts a pre-salt production concept that differs from the one adopted by the company. Petrobras considers microbia...
OGX Start Output at Martelo Field This Week
Brazil >> 12/2/2013 - OGX Petroleo & Gas Participacoes SA plans to begin production this week at its most promising field as controller Eike Batista seeks revenues to keep his Brazilian oil company afloat, said a person br...
Yadavaran Oilfield Output to Hit 50,000 b/d
Iran >> 12/1/2013 - Oil production from Yadavaran oil field will increase by 50,000 b/d in February next year, earning the country some 150 million dollars in monthly reviews. ...
Yara Halts Production in Libya
Libya >> 11/29/2013 - Norwegian fertilizer maker Yara had to shut production at its Libyan subsidiary Lifeco once again due to gas supply problems, and the timing of the restart is uncertain, the firm told news agency TDN....
First Commercial Crude from Mozambique Seen in 2014
Mozambique >> 11/28/2013 - Mozambique's first commercial production and sale of crude oil is set for next year from a small but profitable inland oil field at Inhassoro, a senior official at South African operator Sasol said. ...
Madagascar Oil Sees Crude Sales as Early as Next Year
Madagascar >> 11/27/2013 - Madagascar Oil, which began producing oil in May for its own steam generators, aims to have a plan approved next year to allow it to begin the country's first commercial sales, its chief operating off...
Wintershall Halted Onshore Oil Production in Libya
Libya >> 11/25/2013 - German oil and gas company Wintershall, part of the BASF (BASFn.DE) group, has been forced to halt oil production in Libya as exports remain disrupted by protestors seizing shipping ports. ...
Iran to Launch Two Joint Oilfields by 2014
Iran >> 11/23/2013 - An Iranian energy official says his country plans to launch two oilfields shared with neighboring Iraq by the end of the current Iranian calendar year (ending on March 20, 2014). ...
Senex Commences Extended Production Test at Burruna-2
Australia >> 11/20/2013 - Senex Energy has commenced an extended production test at the Burruna-2 oil discovery in southern Cooper-Eromanga Basin permit PEL 115 (Senex 80% and Operator, Orca Energy 20%). ...
Gazprom Neft Delays Iraq Oilfield Launch
Gazprom Neft Delays Iraq Oilfield Launch Iraq >> 11/19/2013 - Russia's Gazprom Neft, the oil arm of state-controlled Gazprom, has postponed initial production at its Badra oilfield in Iraq until 2014 due to safety concerns and logistical problems, the company sa...
Oil Output Seen up 9 % at 550,000 bpd by Year-End
Ecuador >> 11/19/2013 - Ecuador's oil production should rise to 550,000 barrels per day (bpd) by the end of this year, the oil minister said on Tuesday, up from an average of 504,000 bpd last year. ...
Chevron Confirms First Oil Production from Papa Terra
Brazil >> 11/12/2013 - Chevron Corporation confirmed that its Brazilian subsidiary and Petrobras have started crude oil production from Papa-Terra’s floating production, storage and offloading vessel (FPSO) offshore Brazil....
Colombia's Ecopetrol Seeks 63% Production Rise by 2020
Colombia >> 11/8/2013 - Ecopetrol, Colombia's publicly traded, state-controlled oil company, said it will spend as much as $75 billion by 2020 to lift oil and gas production to 1.3 million barrels of oil equivalent per day (...
PBR Reinforces Opportunities for Foreign Suppliers
Brazil >> 11/1/2013 - The pre-salt challenges present new technological issues when compared to those that were overcome in the past while exploring the post-salt fields. Hence the opportunity arises to establish supply pa...
Pre-Salt Produced 250 mln Barrels in Brazil
Brazil >> 10/31/2013 - Cumulative production in the pre-salt has already reached 250 million barrels of oil equivalent (oil and gas) since production started in the Campos Basin pre-salt layer in 2008. The information was p...
United States Surpassed Russia and Saudi Arabia in Oil Production
United States >> 10/31/2013 - Is The US Overtaking Russia as World's Biggest Oil and Gas Producer?
Originally projected to the world’s biggest producer of oil and gas in 2014, the United States surpassed Russia and ...
Kiliwani North Gas Sales Negotiations at Advanced Stage
Tanzania >> 10/31/2013 - Aminex PLC (Aminex) announces that gas sales negotiations between its Tanzanian subsidiary Ndovu Resources Ltd. (Ndovu) and the Tanzanian Petroleum Development Corporation (TPDC) for its Kiliwani Nort...
Suizhong 36-1 Phase II Adjustment Project Starts Production
China >> 10/30/2013 - CNOOC Limited announced that Suizhong 36-1 Phase II adjustment project has commenced production. ...
Mubadala Petroleum Starts Production at Ruby Gas Field
Indonesia >> 10/30/2013 - Mubadala Petroleum announces that production has commenced and stable flow has been established through the export pipeline at the Ruby gas field in Indonesia. The Ruby gas field is located within the...
Technology Can Help Reduce Production Costs
Brazil >> 10/30/2013 - Petrobras’ Director for Exploration and Production, Jose Formigli, stressed the importance of developing offshore technology and the ability to manage risk in large projects that, in his view, should ...

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