Offshore Production News - page 4


Valeura Set to Restart Wassana Production Offshore Thailand

Aug 02, 2024

Canada-based oil and gas company Valeura Energy has begun the process of restarting the production operations at the Wassana field in the Gulf of Thailand, following inspection of mobile offshore production unit (MOPU).Valeura implemented a precautionary suspension of oil production on June 28…

US Oil Output Falls in May for First Time Since January

Jul 31, 2024

U.S. crude oil production fell in May in its first monthly decline since January, while fell natural gas output decreased to its lowest since February 2023, data from the U.S. Energy Information Administration showed on Wednesday.Crude oil production fell by 61…

Petrobras Second-Quarter Oil Production Rises 2.6%

Jul 29, 2024

Brazilian state-run oil company Petrobras said on Monday its crude oil production during the second quarter rose 2.6% from the year-ago period after it ramped up five oil platforms and started production in 12 wells.Petrobras pumped 2.16 million barrels per day (bpd) from April to June…

Enauta Resumes Production at Atlanta Field Offshore Brazil

Jul 29, 2024

Brazilian oil and gas company Enauta has resumed production from the floating production, storage, and offloading (FPSO) vessel operating at Atlanta field, offshore Brazil.Atlanta Field’s production resumed on July 26, and the maintenance period…

New Fortress Energy Secures $700M Loan for Second FLNG Unit in Mexico

Jul 24, 2024

One of the world’s leading LNG project developers New Fortress Energy (NFE) has secured a $700 million loan for the second floating liquefied natural gas (FLNG) unit in Mexico, days after producing LNG at its first FLNG unit offshore Altamira…

China’s CNOOC Hits ‘High Yield’ Well in in Beibu Gulf

Jul 23, 2024

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has encountered a high yielding well in Beibu Gulf, which produces daily over 1,000 cubic meters of oil equivalent.Wushi 16-5 structure is located in Wushi Sag…

ExxonMobil to Transfer Operations of Two Malaysian PSC Assets to Petronas

Jul 22, 2024

Exxon Mobil intends to transfer the operations of all assets of two production-sharing contracts in Malaysia to state energy company Petronas, Exxon Mobil said on Saturday.Reuters had reported on Friday that Exxon Mobil had agreed to sell its Malaysian oil and gas assets to Petronas…

Santos Indicates Growth Projects are Progressing Well Despite Q2 Revenue Dip

Jul 17, 2024

Santos said on Thursday growth projects were making good progress, with flagship Barossa natural gas development now 77% complete as Australia's second-largest fossil fuel producer makes attempts to speed up its ambitious forward strategy.Barossa…

CNOOC’s Ultra-Deep Well in Bohai Bay Outperforms Target

Jul 16, 2024

China’s state-run China National Offshore Oil Corporation (CNOOC) has informed that its first ultra-deep well in Bohai Bay achieved ‘high yield’, outperforming the targets set earlier.The Bozhong 19-6 condensate gas field D1 well, said to be…

ABS to Class Seatrium-built FPSO Pair for Petrobras

Jul 12, 2024

Singaporean rig- and shipbuilder Seatrium has tapped the American Bureau of Shipping (ABS) to class a pair of floating production storage and offloading units (FPSO) being built for Brazil's state-owned Petrobras, the classification society announced…

Petrogas E&P Starts Producing Gas from North Sea Platform

Jul 12, 2024

Petrogas E&P Netherlands, part of Oman-based Petrogas E&P, has achieved first gas production from the field in the Dutch North Sea.Petrogas E&P Netherlands, along with its partners EBN, Rockrose and TAQA Offshore, started producing gas from the first well on the B10 platform on July 6…

Lower Than Average Production at PNGF Sud Off Congo Brings Workover Team to Field

Jul 11, 2024

Oil and gas company PetroNor E&P has marked lower than average production at Perenco-operated PNGF Sud field offshore Congo in the second quarter of the year, disclosing also that an additional workover team will be employed at the field to bring it up to speed…

First Gas Starts Flowing at SapuraOMV’s Jerun Platform Off Malaysia

Jul 09, 2024

Oil and gas company SapuraOMV has started gas production from its Jerun field, offshore Sarawak in Malaysia.Jerun gas field, part of SK408 production sharing contract (PSC), was discovered in 2015 and the development project reached its final investment decision (FID) in March 2021…

Equinor Starts Production from Kristin South Off Norway

Jul 08, 2024

Equinor and its partners Petoro, Vår Energi, and TotalEnergies EP Norge have started production from the first Lavrans well in the Kristin South area in the Norwegian Sea.The partnership submitted the plan for development and operation (PDO)…

Golar LNG Signs 20-Year FLNG Deal

Jul 07, 2024

Golar LNG has entered into definitive agreements with Pan American Energy (PAE) for a 20-year deployment of a floating liquefied natural gas (FLNG) vessel in Argentina.The FLNG project will monetize Argentine gas, tapping into the vast resources…

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