Natural gas production will begin this year from the Kirinskoye gas and condensate field under the Sakhalin III project, Gazprom announced.Kholmsk, Sakhalin Region (Image: Gazprom)The announcement followed a meeting between Alexey Miller, Chairman of Gazprom's management committee…
Gas production has begun from the Rhyl gas field in Morecambe Bay, helping to secure the future of 400 North West jobs and boost energy security for the UK.The Rhyl field, located 39km off the coast of Barrow, was first discovered in 2009 and is wholly owned and operated by Centrica Energy…
ONGC Videsh Ltd. finalized a US$1 billion purchase of Hess Corp.'s 2.72% stake in the Azeri, Chirag, and Guneshli fields (ACG), and Hess' 2.36% stake in the associated Baku-Tbilisi-Ceyhan (BTC) pipeline, both companies announced the closing on April 1…
Petrobras announced that in February 2013 total production of oil and natural gas in Brazil reached 2,316 thousand boe/d. Including the share operated by the company for its partners, total volume produced was 2,414 thousand boe/d, This volume corresponds to a 2…
Hyundai Heavy Industries (HHI) received a letter of award for a US$1.3 billion order for a floating production unit (FPU) and a US$700 million order for a tension leg platform (TLP) from Total E&P Congo, the company announced on 26 March 2013…
Suncor Energy resumed production at the largest of three drill centers at the Terra Nova complex, off Newfoundland, following the completion of dockside maintenance. A second drill center was connected in January and is currently being commissioned.
Production has begun from BP and Sonangol’s PSVM development in block 31, off Angola. The PSVM development, BP’s second operated development in the country, consists of four oil fields: Plutão, Saturno,Vénus, and Marte. Three wells at the Plutão…
Production has begun at BP’s Valhall redevelopment project in the Norwegian North Sea. The project aims to increase Valhall’s life span by an additional 40 years. Current capacity is set at 120,000b/d of oil and 143mmcf/d of gas. BP expects production to increase to 65,000boe/d by 2H 2013.
Commercial production began at Sapinhoá field in January. Located in block BMS9 in Brazil’s presalt region, the first producing well, Guara1, was connected to the FPSO Cidade de São Paulo. Guara1 has a potential production rate of 25,000b/d…
The Egyptian government approved Dana Petroleum’s development plan for the Nefertiti oil field in the Gulf of Suez following a successful appraisal at the Nefertiti2X well. Dana says the field is the first it developed by drilling extended reach wells from an onshore location…
Oilfield activity in the Mediterranean region was disrupted by extreme political events last year across northern Africa. The ‘Arab Spring’ revolutions in Egypt, Libya, and Tunisia, as well as the continuing conflict in Syria shut down most non-essential activity…
Olso-based Aker Solutions and Houston-based FMC Technologies Inc. have both announced today major subsea contract deals with Petrobras in connection with the Brazilian NOC's pre-salt fields.(Image: Aker Solutions)Aker Solutions signed a new…
GE Oil & Gas 2013 Annual Meeting, in its 14th consecutive year, was attended by more than 1000 oil and gas industry executives from over 70 countries. Meg Chesshyre joined the multitude in Florence, Italy.Gorgon module loading at Avenza, ItalyAt the beginning of the two day event…
Perceptions may not be as bad as reality in post-conflict Libya.Hundreds of billions of dollars are expected to be spent in the cash-rich country in coming years; westerners are welcome in Tripoli; security has improved, and organizations…
Chevron encountered more than 400 ft (122m) of net oil pay at its deepwater Coronado prospect well No.1 in the Gulf of Mexico, the company announced on 25 March 2013. Pacific Santa Ana (Image: Pacific Drilling) Coronado comprises Walker Ridge Block 98…
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