LogIn LogOut

Oil & Gas Production News - page 69

 

Santos Sees Production Surge on Quadrant Acquisition

Jan 24, 2019

Santos Ltd, Australia's No. 2 independent gas producer, on Thursday said it expects 2019 production to rise by up to 32 percent boosted by the acquisition of Quadrant assets.The company expects to churn out 71 million to 78 million barrels of oil equivalent (mmboe) in 2019…

Newcomers Pile into Race for Qatar LNG

Jan 23, 2019

Qatar is preparing to issue a tender for energy firms seeking a stake in its gas expansion project, drawing interest from long-standing partners as well as newcomers Chevron, Norway's Equinor and Italy's Eni, industry sources said.Plans to expand Qatar's liquefied natural gas (LNG) facilities…

Lukoil Opposes Prolonged Global Oil Output Cuts

Jan 23, 2019

The global oil output cut should not be prolonged, the head of Russia's second biggest oil producer, Lukoil, said on Wednesday, Interfax news agency reported.Lukoil would have to cut its output by 30,000 barrels per day by April under the OPEC and non-OPEC oil deal…

Santos Boosts Van Gogh Production

Jan 22, 2019

Australian producer Santos announced Tuesday that it has achieved first oil from the Van Gogh infill project, marking the completion of a two-well program to increase production from the field.The Santos-operated Van Gogh field is one of three…

Norway's December Oil Output Misses Forecast

Jan 22, 2019

Norway's oil production fell by 2.1 percent year-on-year in December and lagged the Petroleum Directorate's forecast for the month by 2.5 percent amid technical problems at some offshore fields, the industry regulator said on Monday.December natural gas output fell by 2…

Ivar Aasen Now Operated from Land

Jan 17, 2019

Aker BP on Wednesday said it has begun operating the permanently manned North Sea platform Ivar Aasen from an onshore control room in Trondheim, Norway.The Ivar Aasen platform was constructed with two identical control rooms – one on the platform…

Aker BP Plans Output, Dividend Hike

Jan 17, 2019

Norway's Aker BP will boost dividend payments between now and 2023 and step up investment in developing offshore oil and gas fields next year, the independent oil company said on Thursday.The result of a 2016 merger between the Norwegian operations…

Shell Appoints Sawan as Upstream Boss

Jan 17, 2019

Royal Dutch Shell has appointed Wael Sawan to head its oil and gas production division, replacing Andy Brown who will step down after 35 years at the Anglo-Dutch company.Sawan, 44, a Canadian citizen of Lebanese origin, currently heads Shell's deepwater operations…

Subsea Integration Alliance Wins Esso Contract

Jan 17, 2019

Exxon Mobil subsidiary Esso Australia Pty Ltd. awarded integrated subsea engineering, procurement, construction, installation and commissioning (EPCIC) contracts to Subsea Integration Alliance, which comprises OneSubsea, a Schlumberger company…

Novatek Production Rose 6.9% in 2018

Jan 16, 2019

Russia's largest independent natural gas producer Novatek said that total hydrocarbon production during 2018 increased by 6.9%, and had increased sales of gas.'In 2018, Novatek’s hydrocarbon production totaled 548.4 million barrels of oil equivalent (boe)…

Petrobras 2018 Production Shy of Target

Jan 16, 2019

Petroleo Brasileiro produced an average of 2.03 million barrels per day (bpd) in Brazil last year, the oil company said in a statement on Tuesday, just below the company's target of 2.1 million bpd.Petrobras' total production of oil and natural gas was 2…

CNOOC Storing LNG Offshore

Jan 16, 2019

China's state-owned CNOOC is temporarily storing liquefied natural gas (LNG) in a tanker off South Korea as a warmer than usual winter cuts expected spot demand for the fuel, industry sources said on Wednesday.China faced a severe winter gas…

Tullow to Boost 2019 Output

Jan 16, 2019

Africa-focused Tullow Oil's production is set to grow to between 94,000 and 102,000 barrel of oil equivalent per day (boed) this year, it said in a trading update on Wednesday, from 90,000 boed last year as it increases output in Ghana.Free cash flow stood at $400 million…

Exxon to Be Indonesia's Top Oil Producer

Jan 16, 2019

Exxon Mobil Corp unit Exxon Mobil Cepu Limited is expected to produce 216,000 barrels per day of crude oil in 2019, making it Indonesia's biggest oil producer, the country's upstream oil and gas regulator (SKKMigas) said.In second place Chevron…

Total Seeks Exit from Dutch Upstream

Jan 15, 2019

Total has launched the sale of its offshore gas fields in the Netherlands, a move that would mark the French energy giant's exit from Dutch upstream production after 55 years, industry and banking sources said.The Paris-based company hired investment…

Current News

Yinson-Built FPSO En Route to Brazil for Work at Petrobras’ Jubarte Field

Yinson-Built FPSO En Route to Brazil for Work at Petrobras’ Jubarte Field

Russian Oil Exports from Western Ports Seen Lower in July

Russian Oil Exports from Western Ports Seen Lower in July

Philippines Files UN Claim to Extended Continental Shelf in South China Sea

Philippines Files UN Claim to Extended Continental Shelf in South China Sea

Shell to Buy Singapore’s Pavilion Energy

Shell to Buy Singapore’s Pavilion Energy

DOF Contracts with Kystdesign for ROV Pair

DOF Contracts with Kystdesign for ROV Pair

Japan Could Be Energy-independent by 2060

Japan Could Be Energy-independent by 2060

TotalEnergies Sells Brunei Subsidiary Along Block B Field Operatorship Interest

TotalEnergies Sells Brunei Subsidiary Along Block B Field Operatorship Interest

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com