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Oil field
Oil Field
Shell Pulls Out of Cambo Oilfield
SHELL has pulled out of the Cambo oilfield project, saying that the economic case for investment isn’t strong enough.
Oil Field
Aramco awards $10B in Contracts for Vast Jafurah Shale Gas Field Development
In late November, the Saudi Arabian Oil Company announced the start of development of the vast Jafurah unconventional gas field, the largest non-associated gas …
Oil Field
Aramco Awards Contracts Worth $10bn to Develop Giant Jafurah Gas Field
The company plans to invest more than $100bn to develop the field that will make Saudi Arabia one of the world’s largest natural gas producers
Oil Field
BP Brings Field Offshore Angola on Stream
Oil major BP has started production at the Platina field in Block 18, which is located in the Angolan offshore, approximately 140 kilometres northeast of Luanda…
Natural Gas
Equinor Shifts Oseberg Output Focus Towards Gas
Norwegian state-controlled Equinor has submitted plans to develop the Oseberg field to become a "substantial gas producer", having been primarily an oil field.
Oil Field
Daily Natural Gas Supply of Deep Sea No.1 Gas Field Hits 10 million Cubic Meters
China’s first self-operated deep-water gas field exploration facility, Deep Sea No.1 built by China National Offshore Oil Corp in the South China Sea, is alrea…
Oil Field
Repsol Shuts in Yme Field Only Weeks After Start-Up
Spanish oil and gas company Repsol has been forced to halt production from its Yme field off Norway, less than a month after the oil production started.
Oil Field
Iran, Azerbaijan Eye Joint Development of Oil and Gas Fields in Caspian Sea
Iran and Azerbaijan, members of the OPEC+ alliance, are looking at finalizing "soon" a number of energy deals, including joint development of an oil field in th…
Oil Field
Ecuador Clears Repsol to Sell Oil Blocks to New Stratus
Ecuador's government authorized Spain's Repsol to sell its 35pc operating stakes in two heavy oil blocks to Canadian independent New Stratus Energy.
Oil Field
Lukoil Submits Development Plan for New Iraq Oil Field
Russia's Lukoil has submitted a preliminary development proposal for a new oil field in the south of Iraq, that could eventually see output crude grow to 250,00…
Oil Field
Vietsovpetro Puts New Generation Unmanned Mini Oil Rig Into Operation
The Vietnam-Russia oil and gas joint venture Vietsovpetro has put its new generation unmanned mini oil rig BK-18A into operation.
Oil Field
Tullow Oil Set to Increase Stake in Oil Fields in Ghana
Company is exercising its pre-emption rights related to sale of Occidental Petroleum’s interests to Kosmos Energy
Oil Field
Norway’s Johan Sverdrup to Restart After Power Glitch
Norway's state-controlled Equinor is working to restart production from the giant Johan Sverdrup oil field in the North Sea after it was shut down earlier today…
Oil Field
Senex Energy to Buy 2 Undeveloped Gas Fields From APLNG for A$80 Million
Senex Energy Ltd. said it intends to recommend an improved offer from South Korea's Posco International Corp. that values its equity at 852.1 million Australian…
Natural Gas
POSCO International to Explore Gas Field in Malaysia
POSCO International will explore natural gas mines in Malaysia.
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