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Oilfield
Oil Field
Ninian Northern Topside Set for Decommissioning at Lerwick Port
The 14,200-tonne Ninian Northern topside has been loaded onto its final resting place – the Dales Voe decommissioning pad at Lerwick Harbour.
Oil Field
Brazil's Petrobras Puts Another Small Refinery and 26 Oilfields on the Block
Brazil's Petrobras has initiated the sale process for a group of 26 onshore and shallow water oilfields and a small nearby refinery in the northeastern part of …
Oil&Gas Drilling
Global Oilfield Services Under Pressure from Oil Price Drop
Exploration-focused oilfield service companies will face the largest demand decline as a result of oil and gas producers cutting their capex and operating expen…
Market Analysis
Who Will Get Full Control Of Libya’s Oil Riches?
Major alliances such as NATO and the European Union mean nothing in this conflict.
Oil Field
Libya Oil Company: Russian Mercenaries Enter Major Oilfield
Russian and other foreign mercenaries have entered Libya’s largest oil field, the country's National Oil Corporation said on Friday, describing the development…
Africa Energy
Nigeria Plans to Tender 57 Marginal Oil Fields
The Nigerian Ministry of Petroleum Resources has announced that it will open a new round of bidding for oilfield development this year, involving 57 marginal oi…
China Energy
The First Large Oilfield of 100 Million Tons was Discovered in the Northern Area of Laizhou Bay, China
"The first large oilfield of 100 million tons was discovered in the northern area of the Laizhou Bay in China's Bohai Sea!" This Kenli 6-1 oilfield has proven o…
Africa Energy
Sharara Reopens in Libya
As the Government of National Accord makes gains in its military struggle with the Libyan National Army, the Sharara oilfield has restarted production.
Oil Field
Nigeria's Revenue Burden to Ease off as DPR Announces Bids for Marginal Oilfields
Federal High court in Lagos against the FG on the revocation of 2 oil field licenses, DPR has gone ahead to announce its first licensing round.
Oil Field
Kazakhstan to Build Gas Processing Plant at Kashagan
Kazakhstan intends to build a gas processing plant at oilfield in west of Kazakhstan – Kashagan, Minister of Energy Nurlan Nogayev told a briefing on May 27.
Oil&Gas Drilling
Saipem and Equinor Sign Major Engineering Services Pact
Norwegian energy firm Equinor has awarded Italian oilfield service company Saipem a two-year frame agreement to provide engineering services globally.
Oil & Gas Trade
Russia’s Oil Giant Rosneft Quits All Venezuelan Operations
Russia’s largest oil producer, Rosneft, confirmed on Friday that it had discontinued all operations in Venezuela, including in joint ventures, trading, and oil…
Oil Field
Ghana Instructs Eni and Local Producer to Combine Oil Fields
Ghana has directed Eni SpA and Springfield E&P to begin talks to combine their adjacent oil and gas fields.
Oil Price
Petrobras Halts Sale Of Huge Oilfields After Oil Price Collapse
Amid the low oil prices, Brazil’s state-owned oil firm Petrobras has suspended preparations to sell a minority stake in a cluster of four offshore fields produ…
Oil Field
Neptune Energy Sees Delay to Start-Up of Fenja Oilfield
Production at the Fenja oil and gas field off Norway will be delayed due to the restrictions imposed as a result of the COVID-19 outbreak.
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