BP on Wednesday said all four of its offshore facilities in the Gulf of Mexico have resumed operations, having been brought back online and producing as of Sept. 12 post-Hurricane Ida.The company on Sept. 7 said it had resumed operations at its Atlantis and Mad Dog platforms…
Norway's oil production beat official expectations in August, while its natural gas output lagged, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Thursday.Crude oil output rose to 1.81 million barrels per day (bpd) in August from 1…
Energy firm Kistos has informed that the TAQA operated P15-D platform in the Dutch North Sea has resumed normal operations, following a planned four-week maintenance shutdown.This has, in turn, has allowed the resumption of gas export from Kistos'…
The Nigerian government expects the country to produce 1.88 million barrels per day of crude oil in 2022 and will use a benchmark oil price of $57 per barrel for its budget planning, according to a document approved by the Senate on Wednesday…
British oil company BP will suspend its Chirag platform in Azerbaijan on Sept. 23 for planned maintenance that will last for 25 days, BP Azerbaijan said on Thursday.The oil major uses the Chirag platform to produce oil at the Azeri-Chirag-Guneshli (ACG) fields in the Caspian Sea…
Harbour Energy, a London-listed oil firm created through a merger between Chrysaor and Premier Oil, has decided to exit the Sea Lion oil field development in the Falkland Islands.The company has a 60 percent stake in the oil field, with Rockhopper Exploration holding the remaining 40 percent stake…
China's Cosco Shipping has earlier this month delivered the King’s Quay floating production unit to Ingleside, Texas, aboard its M/V Xiang An Kou semi-submersible heavy transportation vessel, after a long journey from South Korea.The 21,498mt platform…
Romanian oil and gas company Black Sea Oil & Gas has said it has installed the Ana offshore production platform in the Black Sea. According to BSOG, this is the first offshore platform built and installed in Romania in the past 30 years.Following…
Oil prices rose around 1% on Wednesday, extending overnight gains, after industry data showed U.S. crude stocks fell more than expected last week in the wake of two hurricanes, highlighting tight supply as demand improves.U.S. West Texas Intermediate (WTI) crude futures rose 75 cents…
Oil and gas firm Neptune Energy has written to Britain’s energy minister asking for a change in regulation to allow it to produce more domestic gas from its North Sea field amid record gas prices, a letter seen by Reuters showed.Benchmark British…
Oilfield tech firm ChampionX has won a five-year contract with oil firm Vår Energi in Norway to deliver production specialty chemicals and management services to all Vår Energi assets.ChampionX provides chemistry solutions and equipment and…
Royal Dutch Shell said on Monday it would sell its Permian Basin assets to ConocoPhillips for $9.5 billion in cash, an exit from the largest U.S. oilfield for the energy major shifting its focus to the clean energy transition.For ConocoPhillips…
Hedge funds purchased crude after disruption to offshore production in the Gulf of Mexico lasted longer than expected, extending a drawdown of already-tight petroleum inventories.In the week to Sept. 14, hedge funds and other money managers…
Oslo-based offshore compressor firm TMC Compressors has won a contract to supply the marine compressed air system for Woodside's Sangomar FPSO, to be deployed offshore Senegal.TMC will deliver a large marine compressed air system to the FPSO…
Oil major Shell has with its partners in Norway taken a final investment decision (FID) on a wet gas subsea compression project at Ormen Lange, Norway’s second-biggest gas field, and submitted a Plan for Development and Operation (PDO) to the Ministry of Petroleum and Energy…