Oil News

 

AWE starts drilling on Pateke-4H

Feb 10, 2014

The Kan Tan IV semisubmersible drilling rig began drilling the Pateke-4H well in PMP 38158 on 9 February 2014. The rig drilled a 36in. hole to a depth of 234m, and preparations are being made to run and cement a 30in. conductor. The Pateke…

QGEP strikes big in Atlanta

Feb 06, 2014

Results of the first well drilled in the Atlanta post-salt oil field off Brazil were better than operator Queiroz Galvão Exploração e Produção (QGEP) and its partners anticipated, according to an announcement the Brazilian company made Wednesday…

First oil from Mars B field

Feb 04, 2014

A closer look at the integration and delivery of first oil in Mars B through the Olympus tension-leg platform.

Huntington resumes production in UK

Jan 31, 2014

During Q4 2013, Iona produced on average 3280 boe/d as Huntington ramp-up continued to increase following the previously announced curtailment of production by the operator of the Central Area Transmission System from mid-September to late November 2013…

Enoch restart due

Jan 31, 2014

The North Sea Enoch oil field is due back on stream in early 2014, following restoration work on a new subsea tree and production testing. The Enoch field is on the border between the Norwegian and UK continental shelf, inBlock 15/5,in the southern part of the North Sea…

Statoil halts Statfjord C platform

Jan 29, 2014

Statoil recently halted production on the Statfjord C platform off Norway after a “limited” oil leak in to the Norwegian Sea. No injuries were reported by the firm, but its 270 crewmembers were boarded lifeboats until the leak was identified and stopped…

Malta strengthens maritime pollution response

Jan 28, 2014

Transport Malta will collaborate with the Norwegian Coastal Administration to strengthen the country's maritime pollution response. During the launching of the project “Oil / HNS Spill Response Capacity Building For The Protection Of Malta’s Seas…

Ramboll wins Caspian FEED

Jan 27, 2014

Russia’s Lukoil has commissioned Ramboll to perform pre-front end engineering and design (FEED) studies for the Yuri S. Kuvykin field in the Russian sector of the north Caspian Sea. Ramboll’s work will focus on a drilling complex and topside living quarters…

Bualuang repairs delayed

Jan 27, 2014

Bad weather has slowed work to replace riser sections damaged when an FPSO came off station.  The Rubicon Vantage FPSO drifted into an exclusion zone designed to protect the Bualuang oil field production infrastructure in the Gulf of Thailand in bad weather…

Pemex to export Olmeca crude to Europe

Jan 24, 2014

Mexican state-owned oil company Petroleos Mexicanos says it will not begin exporting high-quality Olmeca crude to Europe until the second half of February. Pemex said on 6 Jan, that exports of the extra-light Olmeca would begin in January…

Cuba: CFR delegation discusses drilling

Jan 24, 2014

Multilateral meetings between Cuba and the US are becoming more frequent, although they often fly under the radar. Cuba's Ministry of Foreign Relations, CubaMinRex, recently hosted a delegation from the US-based Council on Foreign Relations (CFR)…

Iran woos western oil co's

Jan 24, 2014

Tehran’s leadership has promised a new, attractive investment model for oil contracts by September, to woo Western business back into Iran. The pledge was made at the World Economic Forum meeting in Davos, Switzerland, yesterday.  According to the Financial Times…

Pakistan sweetens terms to increase exploration

Jan 22, 2014

The Pakistani government has announced a new petroleum policy, attracting investment of about US$2.02 billion for oil and gas exploration in the country during the last three years. The policy projects incentives including: better gas price…

EIA: Ecuador energy analysis

Jan 21, 2014

Ecuador, the smallest oil-producing affiliate of the Organization of the Petroleum Exporting Countries (OPEC), is the fifth-largest oil producer in South America, and has the third-largest oil reserves in the region, after Venezuela and Brazil…

Upper Zakum extension granted

Jan 21, 2014

The Government of AbuDhabi has extended the concession for the Upper Zakum oil field,offshore Abu Dhabi, United Arab Emirates (UAE) to 2041. The extension adds more than 15 years to the previous term. Upper Zakum is being jointly developed by Abu Dhabi National Oil Company (ADNOC)…

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