Production News

 

Gazprom's Arctic Offshore Platform Ships Its 200th Oil Cargo

May 28, 2020

Gazprom Neft, the oil branch of Russian gas giant Gazprom, has shipped the 200th consignment of ARCO crude from its Prirazlomnaya offshore platform in the Russian arctic.This milestone shipment was carried out by the Mikhail Ulyanov tanker — several return trips to the Prirazlomnaya platform being necessary to despatch a consignment comprising 70,000 tonnes of oil. 'The vessel typically approaches one of various direct-loading facilities — or moves away from the platform…

UAE: Jack-Up Providers Team Up to Cut Costs

1 hour ago

UAE-based jack-up services provider Gulf Marine Services has entered into a framework agreement with Zakher Marine International ('ZMI'), a privately-owned offshore services provider also based in UAE. Both companies own fleets of self-propelled…

China, India Soak Up Oil from Floating Storage as Demand Picks Up

May 28, 2020

The volume of crude stored on ships in Asia has come off the peaks seen earlier this month on a recovery in demand in China and India, trade sources and analysts said. A total of 3.4 million tonnes (24.8 million barrels) of crude oil was discharged…

Yme Start-Up Moved for 2021 as COVID-19 Delays Maersk Inspirer Works

May 28, 2020

The article originally titled 'Yme Start-up Date Uncertain as COVID-19 Delays Maersk Inspirer Works' has been updated to include a statement by the Repsol spokesperson who has confirmed the start-up is now expected in 2021.Spanish oil firm Repsol…

Leviathan Gas for New Israeli Desalination Plant

May 27, 2020

The partners in Israel's offshore Leviathan natural gas field have agreed to sell about 2.5 billion shekels ($716 million) of gas to IDE Technologies for its planned desalination plant along the Israeli coast, according to a source familiar with deal…

First Topside Module Lifted on Coral South FLNG Hull

May 27, 2020

Eni-operated Coral South FLNG project is making progress with the first topside module installed aboard the hull of the under-construction FLNG unit destined to develop offshore gas fields in Area 4 of the Rovuma Basin, Mozambique.Coral FLNG SA…

IEA: Global Energy Investment to Plunge 20%

May 27, 2020

Global energy investment is expected to plunge by around 20% or $400 billion in 2020, its biggest fall on record, because of the new coronavirus outbreak, the International Energy Agency (IEA) said on Wednesday.The Paris-based IEA said this…

Workers Test Positive for COVID-19 at Tubarao Martelo Field in Brazil

May 26, 2020

About 50 workers were infected by the novel coronavirus during an outbreak in recent weeks at a production well owned by Brazilian oil firm Dommo Energia SA, two regulatory sources with knowledge of the matter told Reuters.The production well…

AET Takes Delivery of Petrobras-bound Shuttle Tanker

May 26, 2020

Tanker operator AET has taken delivery of Eagle Petrolina shuttle tanker which will be used to offload oil from Petrobras' offshore oil platforms in Brazil.The Eagle Petrolina, built by South Korea's Samsung Heavy Industries, is the first of…

OGA: UK North Sea Gas Less Carbon Intensive than Imported LNG

May 26, 2020

Gas produced from the offshore platforms in the UK North Sea is less carbon-intensive than LNG imported in the UK, the UK oil and gas regulator OGA said Tuesday.According to the OGA analysis, the production of natural gas from the UK Continental…

Fugro IOVTEC Wins Survey Work at Hai Long Wind Farm Sites

May 26, 2020

Fugro IOVTEC, a JV between Dutch Fugro and Taiwan's IOVTEC, has secured an offshore geotechnical site investigation project in Taiwan for the Hai Long 2 and Hai Long 3 offshore wind farms. The Hai Long offshore wind farms are being co-developed by Northland Power Inc…

Guyana Received $4.9M in Oil Royalties in 1Q

May 26, 2020

Guyana received $4.9 million in royalty payments for oil production at the offshore Stabroek block in the first quarter, the finance ministry said on Monday, a period that included the South American country's first crude exports.The crude produced…

Conrad: Mako Discovery One of 'Largest Ever' in West Natuna Basin

May 26, 2020

Conrad Petroleum, the operator of the Duyung offshore block in Indonesia containing the Mako gas field, has said that an independent resource audit has shown that  Mako is one of the largest gas fields ever discovered in West Natuna Basin.Following the drilling campaign completed in late 2019…

Siemens Gamesa's Giant New Wind Turbines Planned for Taiwan Offshore Wind Project

May 26, 2020

Offshore wind turbine builder Siemens Gamesa Renewable Energy (SGRE) is planning to deploy its recently unveiled 14MW wind turbines for an offshore wind project in Taiwan.SGRE, which launched its new SG 14-222 DD offshore Direct Drive wind turbine with 14-megawatt (MW) capacity last week…

QP: North Field Works Going Full Steam Ahead

May 25, 2020

Qatar Petroleum's Saad Sherida Al-Kaabi in a webinar last week said the country was pressing ahead with the giant offshore North Field expansion despite the dire situation in the energy market where he feels it'll take 1-2 years for demand to…

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