Offshore Production News - page 3

 

Brava Energia to Connect Four More Wells to Atlanta FPSO

Feb 20, 2025

Brazil's Brava Energia will connect four more wells to its Atlanta field in the first half of 2025, as it starts shipping oil to commodity trading firm Trafigura under a supply deal for six million barrels.That will bring the total number of…

ExxonMobil, Guyana Plan Large-Scale Gas Scheme

Feb 20, 2025

U.S. oil major Exxon Mobil plans to boost natural gas output and supply in Guyana through a large-scale project announced on Wednesday, following the government's call for more gas to fuel onshore power and petrochemical projects.The 'Wales Gas Vision'…

Norway’s January Oil and Gas Output Misses Forecast by 1%

Feb 20, 2025

Norway's combined oil and gas production lagged an official forecast by 1% in January, weighed down by a decline in the exports of natural gas, data from the Norwegian Offshore Directorate (NOD) showed on Thursday.Norway is Europe's largest supplier of natural gas and a major producer of oil…

Guyana, Dominican Confer on Oil Drilling, Refining

Feb 18, 2025

Guyana and the Dominican Republic are making progress on accords for offshore oil and gas exploration and to build a fertilizer plant and potentially a refinery in the South American country, Dominican President Luis Abinader said on Tuesday…

ExxonMobil Targets 180,000 bpd of Oil at Guyana’s Hammerhead Project

Feb 18, 2025

A consortium led by U.S. major Exxon Mobil plans to produce up to 180,000 barrels per day (bpd) of oil and 95 million cubic feet per day (mmcfd) of gas at its seventh project in Guyana, Hammerhead, according to a document published by the country's environmental agency on Monday…

Serica Energy Shuts Down Triton FPSO Due to Storm-Related Damage

Feb 18, 2025

U.K.-based oil firm Serica Energy has suspended the production at Triton floating production storage and offloading (FPSO) unit in the North Sea, following the damage caused by the Storm Éowyn in January 2025.According to Serica Energy, during the storm on January 24…

Eni Agrees Gas Export Offshore Cyprus via Egypt’s Existing Infrastructure

Feb 17, 2025

Italian energy major Eni has signed an agreement with Egypt and Cyprus for the development and export of Cyprus Block 6 gas through Egypt’s existing infrastructure.The agreement outlines a comprehensive framework enabling a rapid development of the Cronos gas discovery offshore Cyprus…

Petrobras Starts Production at Largest FPSO to Operate Offshore Brazil

Feb 17, 2025

The floating production, storage, and offloading (FPSO) unit Almirante Tamandaré, built by SBM Offshore, has started production at Petrobras’ Búzios field, offshore Brazil.This is the first high-capacity unit to be installed in the field, with the potential to produce up to 225…

Production Starts at Raven's Second Development

Feb 16, 2025

BP has started production from the second development phase of the Raven field offshore Egypt, the global oil company said on Sunday.BP said in a statement that the new wells are set to produce approximately 220 billion cubic feet of gas and 7 million barrels of condensate…

SLB Names Raman CSO, CMO

Feb 14, 2025

SLB has named new chief strategy and performance officers, according to a company memo seen by Reuters, the latest steps in a larger reorganization of its global structure.Aparna Raman has been appointed chief strategy and marketing officer…

Canadian Oil and Gas Firm Intensifies Ops at Gas Field Off Türkiye

Feb 14, 2025

Trillion Energy has started with the preparations to stimulate two wells at SASB gas field in an effort to enhance production at the project in the Southwestern Black Sea, offshore Türkiye.During January 2025, Trillion Energy completed installation…

Zohr Gas Field Off Egypt Soon to Start Production

Feb 14, 2025

Egypt's giant Zohr gas field will start production after resuming drilling within weeks, Prime Minister Mostafa Madbouly said on Thursday, adding that operator ENI had a plan to expand drilling in the next two years.Production had been curbed because of arrears owed to foreign oil companies…

Brava Energia Signs Supply Deal with Trafigura for Atlanta Oil

Feb 13, 2025

Brazilian oil and gas firm Brava Energia has signed a contract with Trafigura for the sale of oil from the Atlanta field, offshore Brazil.The contract is for the sale of a total volume of 6MM barrels of oil produced by the consortium in Atlanta field…

Exxon to Expand O&G Output in Guyana

Feb 12, 2025

A consortium led by Exxon Mobil is getting ready for a very active year for exploration and production in Guyana amid upgrades that expanded the capacity of some of its floating facilities and the expected arrival of a fourth vessel, the head of the U…

Brazil's Petrobras Looks to Africa for Oil Reserves Boost

Feb 12, 2025

Brazil's Petrobras wants to buy stakes in African oil assets, mainly in Angola, Namibia and South Africa, to boost its reserves as it expects output to fall after 2030, a senior executive said on Wednesday.The Brazilian state energy firm is in talks with companies…

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