Amoco Production Co News

 

US Drillers Add Oil Rigs for Third Consecutive Week

Apr 20, 2018

U.S. energy companies added oil rigs for a third week in a row as energy firms follow through on plans to spend more on drilling this year with crude prices near three-year highs.Drillers added five oil rigs in the week to April 20, bringing the total count to 820…

Hail starts production off Abu Dhabi

Nov 08, 2017

Production has started from the Hail oil field offshore Abu Dhabi in the United Arab Emirates, says Abu Dhabi Oil Co., a subsidiary of Japan's Cosmo Energy Exploration & Production Co. The production from the Hail oil field is the first…

i3 targets Liberator first oil by 2018

May 10, 2017

UK-independent i3 Energy is planning to list on the AIM Market of the London Stock Exchange and raise US$50 million to fund the development of its Liberator field. The company acquired a 100% operated interest in License P.1987, Block 13/23d…

BW completes Dussafu deal

Apr 10, 2017

BW Offshore has completed a deal with Harvest Natural Resources for its stake in the Dussafu production sharing contract (PSC) offshore Gabon. BW Energy Gabon (BWEG) now holds a 66.67% working interest in the Dussafu PSC, while Panoro Energy holds the remaining 33…

BP CEO to open SPE Offshore Europe 2017

Feb 22, 2017

BP group chief executive Bob Dudley will underline the value of the North Sea in the oil major’s global portfolio when he leads the opening plenary session at SPE Offshore Europe 2017 being held in Aberdeen from 5-8 September 2017. Dudley…

Yinka plans intervention on Aje

Feb 16, 2017

London-listed oil minor MX Oil is hoping to raise about US$6.26 million through issuing new shares to fund the work on the Aje field offshore Nigeria.  Production started from Aje, in block OML 113, last year, but has been limited by the performance of the Aje-5 well…

Ex-Ithaca, Iona execs close to new IPO

Jan 05, 2017

A North Sea exploration minnow led by one of the co-founders of Ithaca Energy and Iona Energy is a step closer to taking over a North Sea discovery with plans to list on the stock market to raise the cash needed to develop the field. i3 Energy…

Barakah inks Murphy gig off Malaysia

Dec 23, 2016

Barakah Offshore Petroleum has won a two-year, US$4.4 million (RM20.0 million) contract from Murphy Oil to provide work on the company's Kikeh spar platform, offshore Malaysia. The work will be done by Barakah's wholly-owned subsidiary company…

Video: BP sanctions Mad Dog 2 in GoM

Dec 01, 2016

BP has sanctioned the US$9 billion Mad Dog Phase 2 project in the Gulf of Mexico, with first production set to start in late-2021. Illustration of Mad Dog 2, from BP. The UK supermajor’s…

Block Zero partners start Mafumeira Sul EPS

Nov 11, 2016

Sonangol and its Block Zero partners Cabinda Gulf Oil Co., Total E & P Angola, and Eni Angola, started the early production system (EPS) operations at the South Wellhead Platform of the Mafumeira Sul project, off the Coast of Malongo, in the province of Cabinda on 31 October…

Eni to evaluate Bahrain potential

Nov 07, 2016

Bahrain authorities have invited Eni to study and assess the potential of some exploration and production assets in the country. To this purpose four agreements have been signed between the Bahrain Petroleum Co. (Bapco), Tatweer Petroleum and Eni…

Hyperdynamics targets "vast" Guinea potential

Sep 23, 2016

Hyperdynamics Corp. says it is set to target Guinea's 'vast and largely untested hydrocarbon potential' after having its production sharing contract (PSC) offshore Guinea extended.  The company is obligated to drill one exploratory well with a projected commencement date of April 2017…

NOIA elects new leadership

Apr 22, 2016

The National Ocean Industries Association (NOIA) board of directors has elected Kevin McEvoy as chairman and Dave Welch as vice chairman for the upcoming 2016-2017 term. McEvoy and Welch assumed their positions at the NOIA Annual Meeting in Washington…

Petrofac to operate Anasuria

Mar 11, 2016

Petrofac has been appointed as duty holder to support UK joint venture Anasuria Operating Co. (AOC) to take over operatorship of Anasuria cluster in the North Sea. Anasuria Operating Co. is a joint venture company formed between Hibiscus Petroleum Berhad and Ping Petroleum…

MX Oil sells Aje stake

Feb 26, 2016

MX Oil has agreed terms for the sale of its 5% stake in the Aje field offshore Nigeria to GEC Petroleum Development Co. (GPDC), a Nigerian company. GPDC, a wholly owned subsidiary of Global Energy Co., operates two licenses offshore (OPLs…

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