Production News

 

Norway: Aibel to Prepare Aasta Hansteen Platform for Irpa Development

Nov 23, 2022

Equinor has awarded Aibel a contract to modify and prepare the Aasta Hansteen platform offshore Norway for integration with the Irpa gas field (formerly Asterix).Equinor on Tuesday filed a plan for development and operation (PDO) for the Irpa…

Britain's Windfall Tax Risks North Sea Cash Flight, Output Drop, Industry Warns

Nov 22, 2022

North Sea oil and gas producers hit back after Britain's decision to raise a windfall tax on the sector, warning the move risked jeopardizing investment in the ageing basin and could cut output just as Britain seeks to boost domestic production…

New Fortress Finalizes Deal to Develop Lakach Gas Project in Mexico Using FLNG

Nov 22, 2022

U.S.-based firm New Fortress Energy Inc. said Tuesday it had finalized agreements with Mexico’s state-owned oil company Pemex, to develop and operate an integrated upstream and natural gas liquefaction project to develop the Lakach deepwater gas field off Veracruz in Southeastern Mexico…

Equinor Files Development Plan for $1,45B Irpa Deepwater Gas Discovery

Nov 22, 2022

The Norwegian oil and gas company Equinor has filed a plan for development and operation (PDO) for the Irpa offshore gas discovery, formerly known as Asterix, to the Norwegian Minister for Petroleum and Energy.The gas discovery, sitting in the Norwegian Sea at a depth of 1350 meters…

Norway's October Oil, Gas Output Lags Forecast

Nov 22, 2022

Norway's crude oil and gas output rose in October from September but lagged official forecasts, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Tuesday. Crude oil output rose to 1.75 million barrels per day (bpd) in October from 1…

Pemex Sees Deepwater Lakach Gas Project Boosting Output Significantly

Nov 22, 2022

Mexican state oil company Pemex expects a key offshore natural gas field located in the deepwater Gulf of Mexico will add significant output after inking a service contract on Monday, part of a push to grow local output while reducing imports…

Aker Solutions to Keep Providing M&M Services for Giant Johan Sverdrup Field in Norway

Nov 18, 2022

Aker Solutions has secured a contract extension with Equinor in Norway to continue providing maintenance and modification services (M&M) on the Johan Sverdrup field in the North Sea.'The extension of the call off is done in accordance with an existing frame agreement that lasts until February 2026…

Shell Wraps Up Bonga FPSO Maintenance in Nigeria

Nov 18, 2022

Shell has completed a scheduled maintenance at its 200,000 barrels-per-day Bonga deep water storage and offloading vessel in Nigeria, a spokesperson said.The Shell Nigeria Exploration and Production Company said in a statement late on Thursday that the maintenance was completed in 22 days…

Trinidad and Tobago: BP Taps Subsea 7, OneSubsea for Cypre Gas Project Tieback

Nov 18, 2022

Subsea Integration Alliance has secured a contract to support the development of BP's Cypre gas field offshore Trinidad and Tobago, which will be tied back to BP's Juniper platform.Subsea Integration Alliance is a non-incorporated strategic global alliance between Subsea 7 and OneSubsea…

Equinor Gets OK for Bauge Pipelines, Subsea Facilities

Nov 17, 2022

The Norwegian oil and gas company Equinor has received regulatory approval to use new pipelines and subsea production facilities on the Bauge field in block 6407/8 in the Norwegian Sea.The approval was granted by the Norwegian offshore safety body…

Turkey's Black Sea Gas Field to Go Online in 2023, Erdogan Says

Nov 17, 2022

Turkey's Black Sea gas field is on track to go online next year as promised and work has sped up to connect it to the national infrastructure, President Tayyip Erdogan said on Saturday.Addressing a natural gas pipeline opening in the northern Kastamonu province…

OKEA Cuts 2023 Output Guidance Due to Issues with Wintershall-operated Nova Field

Nov 16, 2022

The Norwegian oil and gas company OKEA cut its output guidance for 2023 on the back of the news that the Wintershall Dea Norge-operated Nova field offshore Norway may have limited production next year.The Nova subsea field, sits about 120 kilometers northwest of the city of Bergen…

BP Says It Is Paying More Tax as it Profit Increases

Nov 16, 2022

BP is paying more tax as it is making more profit, its UK head Louise Kingham told the Reuters Energy Transition Europe 2022 event on Wednesday.'It's right that (the government) should think about how they protect the most vulnerable and taxation is not for companies to determine…

Petronas Wants to Join Abadi LNG project - Indonesian regulator

Nov 16, 2022

Malaysian state oil and gas company Petronas has expressed interest in participating in Indonesia's takeover of Shell's stake in the Abadi LNG project, Indonesia's upstream oil and gas regulator told a parliamentary hearing on Wednesday.The…

Odfjell Technology, Serica Energy Agree Bruce Platform Services Extension

Nov 16, 2022

UK North Sea-focused oil and gas company Serica Energy has extended its contract with Odfjell Technology for the provision of storage, preservation, maintenance, and drilling services on the North Sea Bruce platform.Kurt Meinert Fjell, Odfjell Technology…

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