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Oil field
Oil Field
Israeli Firm to Sell Gas Field Stakes to UAE Company: Statement
Delek is seeking to sell its stake in Tamar, a huge gas field under the Mediterranean some 80 kilometres off the coast of northern Israel
Crude Oil
Nigeria’s President Restores Four Drilling Permits Revoked from China’s Addax
Nigerian President Muhammadu Buhari reversed a government decision to revoke four oil permits from a unit of China’s Sinopec.
Natural Gas
RIL, BP Announce Start of Production from Deepwater Gas Field on KG-D6
Reliance Industries Limited and bp today announced the start of production from the Satellite Cluster gas field in KG-D6 block off the east coast.
Energy Investment
Oilfields Supply Center Makes $570 million Investment in King Salman Energy Park Energy Hub
Oilfields Supply Center Limited has awarded a contract to construct its OSC base in the Kingdom.
Oil Field
L&T Secures Contract to Build Large Oil & Gas Supply Bases in Saudi Arabia
The company said that the project involves constructing industrial facilities of different sizes, an administration building, ancillary buildings, associated in…
Oil Field
Iraq Awards China’s Sinopec Contract to Tap Natural Gas Resources
China’s state-run Sinopec energy company won a deal to develop a major gas field in eastern Iraq.
Oil&Gas Drilling
Aramco Resumes Work on Offshore Oil Capacity Expansion
State-controlled Saudi Aramco has resumed development work on three offshore crude expansion projects that will provide an additional 1.15mn b/d of capacity by …
Crude Oil
BP Halts Production at UK's Foinaven Crude Field
BP said today it has suspended production indefinitely at the Foinaven crude fields west of Shetland as it prepares for the removal of the ageing floating produ…
Oil Pipeline
Uganda, Tanzania Sign Oil Pipeline Project Agreement
1,440 km crude oil pipeline will be constructed from Uganda's Albertine region to Tanzanian seaport of Tanga
Oil & Gas Trade
Libya’s Largest Oilfield Could See Exports Interrupted
The largest oilfield in Libya, the 300,000-bpd Sharara field, could see crude oil exports from it disrupted if members of the Petroleum Facilities Guard follow …
Oil Field
Southeast Asia Looks To Increase Offshore Oil Production
Malaysia and Brunei have signed an agreement to develop two offshore oil fields on the maritime boundary, with greater exploration of recent ultra-deepwater dis…
Oil Field
CNOOC Sees Minimal Output hit from China Oil Field Fire
China's state-controlled CNOOC expects a fire at one of its offshore platforms earlier this week to reduce crude production by around 600,000 bl this year.
Gas Turbine
Siemens Energy Signs Long-Term Service Contract with Aramco
Siemens Energy has signed its first long-term service agreement (LTSA) with Aramco, covering a range of turbines and generators at four major oil fields.
Cooperation case
Iraq Signs Deal with France's Total on 4 Energy Projects
The Iraqi Ministry of Oil announced on Monday the signing of an initial agreement with French oil and gas company Total to build giant infrastructures, develop …
Oil&Gas Drilling
ExxonMobil Nearly Ready to Start up Guyana FPSO Compressor
Oil major ExxonMobil is preparing to start up a gas compressor on SBM Offshore’s Liza Destiny FPSO, operating offshore Guyana, this week following a technical …
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