Offshore Production News - page 306


Australasian LNG grows in importance

Feb 12, 2013

QCLNG modules arriving New onshore field discoveries rich in natural gas and condensate in the Australasian region are giving rise to increased investment in liquefied natural gas (LNG) facilities. This new construction will address the…

Chevron advances Mafumeira Sul

Feb 07, 2013

By 2015 production to top 110,000 b/d of oil The central processing platform of the Mafumeira Sul project offshore Angola (Image: Chevron)Chevron subsidiary Cabinda Gulf Oil Co. Ltd. will proceed with the development of the Mafumeira Sul project located offshore Angola…

Total acquires acreage off Cyprus

Feb 07, 2013

Total to begin seismic acquisition off CyprusCyprus map (Image: Total)Total entered two production sharing contracts with the Republic of Cyprus for Blocks 10 and 11, the company announced on 6 February 2013. The awards are a part of the country's second offshore exploration licensing round…

BP begins production at PSVM

Feb 01, 2013

Angola project to produce 150,000 b/d of oil PSVM Project (Image: BP)Production had begun from BP and Sonangol's PSVM development in Block 31, off Angola, the partners confirmed on 1 February 2013.Three wells at the Plutao field are…

Natural gas lifts Australian reserves

Feb 01, 2013

As Australia grapples with chronic oil production decline in the face of rising imports, the buoyant gas sector offers the prospect of rising revenue from LNG export. John Mueller reports.Eyebrow Natural gas lifts Australian reserves As Australia…

Skarv start-up

Feb 01, 2013

BP is celebrating production from the Skarv field in the Norwegian Sea. CEO Bob Dudley called the start-up a “key operational milestone” for the supermajor. The Skarv development includes an FPSO (pictured), five subsea drilling templates, and a 26in diameter…

Basins bounty sought

Feb 01, 2013

As oil and natural gas production continues to fluctuate at a level well below demand, John Mueller looks at New Zealand’s growing need to aggressively explore the nation’s vast and extensive offshore sedimentary basins.Taranaki Basin, located along the west coast of New Zealand’s North Island…

Gas to the fore

Feb 01, 2013

Although Papua New Guinea has a strong economy resulting from exploitation of its extensive petroleum deposits and abundance of other natural resources ranging from minerals to forest products, the nation is one of the least developed countries in the Asia Pacific region…

Installation initiative increases industry involvement

Feb 01, 2013

As the oil & gas industry ventures into deeper waters and more extreme environments, operators, umbilical equipment designers and manufacturers, and installation companies, have been working together to ensure umbilical installation is as smooth an operation as possible…

Valhall in production

Jan 29, 2013

BP starts production at Valhall redevelopment Valhall field (Photo: BP)Production has begun at BP's Valhall redevelopment project in the southern portion of the Norwegian North Sea, the supermajor announced on 28 January 2013. BP Group…

Dana wins Egyptian approval

Jan 29, 2013

Egypt approves Dana's Nefertiti development The Egyptian government has approved Dana Petroleum's plan to develop the Nefertiti oil field in the Gulf of Suez, the company announced on 29 January 2013.The lease was approved 20 January…

Eni, Kogas win Cyprus acreage

Jan 24, 2013

Licensing round awards three deepwater blocksClick to view larger mapA consortium made up of Eni and Kogas has won three deepwater blocks during the Republic of Cyprus' second offshore licensing round, Eni announced on 24 January 2013.The consortium walked away with Blocks 2…

Chevron scores Chinese PSCs

Jan 18, 2013

Chevron signs up for South China Sea acreageChevron China and China National Offshore Oil Corp. (CNOOC) have entered into production sharing contracts (PSC) for two exploration blocks in the South China Sea, the company announced on 16 January 2013…

Norway awards APA licenses

Jan 16, 2013

Statoil receives 14 licenses during APA roundMinister of Petroleum and Energy Ola Borten Moe (Photo: Lise Rist / OED)Forty companies walked away with shares in 51 new production licenses as part of Norway’s 2012 APA Round, the country’s…

Striking Thai oil

Jan 10, 2013

Salamander Energy announced first oil at its Bualuang Bravo platform in the Gulf of Thailand. The Atwood Mako drilled development well BB-04-H, which is expected to produce 1500b/d. With a 15-well development planned, Salamander expects production to increase to around 14,000b/d in 2013.

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