Production News

 

Shell's Rosmari-Marjoram Project Takes Shape as Onshore Plant Construction Begins in Bintulu

Sep 21, 2023

Shell has started the construction of the onshore plant for the Rosmari-Marjoram project with a ground-breaking event in Bintulu.The ceremony, held Thursday, was officiated by the Premier of Sarawak, Yang Amat Berhormat Datuk Patinggi Tan Sri…

Norwegian August Gas Output Lags Official Forecast

Sep 21, 2023

Norway's natural gas output fell in August from July and lagged an official forecast, while crude oil exceeded expectations, the Norwegian Petroleum Directorate (NPD) said on Thursday. Natural gas production in August fell to 311.3 million cubic meters (mcm) per day from 322…

Equinor 'More Optimstic' About Proceeeding with Bay Du Nord Offshore Project After Delay

Sep 21, 2023

The head of Canadian operations for oil producer Equinor said on Tuesday he is more optimistic the Norwegian company will proceed with its Bay du Nord offshore project, four months after delaying the project for up to three years due to soaring costs…

Rosebank Oil Field Project Approval Highly Likely This Year, Ithaca Energy's Executive Chair Says

Sep 20, 2023

Ithaca Energy's Executive Chair Gilad Myerson said on Wednesday that there was a 'very high likelihood' that Britain's Rosebank oil field development would be approved by authorities, Reuters has reported. A formal sanctioning of the project could take place by the end of the year…

India's ONGC Willing to Wait to Regain Oil from Russian Project

Sep 20, 2023

India's state-run Oil and Natural Gas Corp wants to eventually receive a share of crude from a Russian project it partly owns, but is willing to wait because Russian oil is hard to ship right now, the head of ONGC's overseas investment arm, ONGC Videsh…

Exxon Pledges More Nigerian Oil Output - Presidential Spokesperson

Sep 20, 2023

Exxon Mobil Corp has pledged additional oil production of nearly 40,000 barrels per day in Nigeria in a new investment push in the country, a presidential spokesperson said on Tuesday, citing Exxon's president of global upstream operations.Nigerian…

Aramco, Exxon CEOs Push Back against Forecasts of Peak Oil Demand

Sep 19, 2023

The CEOs of top Saudi Arabian and U.S. oil producers Aramco and Exxon Mobil on Monday pushed back against forecasts that oil demand will peak, and said the transition to cleaner energy to fight climate change would require continuing investment in conventional oil and gas…

Chevron's Strike-hit Australia LNG Facility Resumes Full Production

Sep 18, 2023

Chevron said on Monday full production had resumed at its strike-hit Wheatstone liquefied natural gas (LNG) facility in Western Australia after a fault last week cut production by about one-fifth.Wheatstone and the nearby Gorgon facility account for over 5% of global LNG supply…

Orcadian in Farm-Out Talks with North Sea Operator for Pilot Offshore Oil Field

Sep 18, 2023

UK North Sea-focused oil and gas company Orcadian, which is working to develop the Pilot oil field, has entered into a non-binding Heads of Agreement with an unnamed North Sea operator, which details a potential farm-out of the Pilot development project…

BW Offshore Agrees to Sell Abo FPSO for $20 Million to Nigerian Buyer

Sep 15, 2023

After several short-term charter extensions, the Norwegian FPSO leasing firm BW Offshore has closed the transaction for the sale of the Abo FPSO.BW Offshore will sell the FPSO to STAC Marine Offshore Limited, a member of the Nigerian Transport Group (STAC) for $20 million…

Equinor Developing 1978 Offshore Gas Discovery to Bolster European Supplies

Sep 15, 2023

Norwegian oil and gas company Equinor has submitted a plan for development and operation (PDO) of the Eirin offshore gas field to the country's Ministry of Petroleum and Energy.According to Equinor, recoverable reserves in the field are estimated at 27…

Norway will Deliver Gas to Europe for as Long as Needed, Climate Minister Says

Sep 15, 2023

Norway must continue to deliver natural gas to Europe for as long as needed while also working to decarbonize the continent's energy systems, the Norwegian climate and environment minister said on Friday.'We think it's strategically important that we uphold these deliveries while there is still use…

Shell Greenlights Development of Trinidad's Manatee Offshore Gas Field

Sep 15, 2023

Shell has given financial approval for the development of the massive Manatee gas field offshore Trinidad and Tobago, the country's Prime Minister Keith Rowley said on Thursday.Trinidad is Latin America's largest LNG exporter, but its flagship…

France's TotalEnergies to Begin Drilling at Fenix Field Offshore Argentina in March 2024

Sep 14, 2023

France's TotalEnergies will start drilling at the Fenix field off the southern Argentine province of Tierra del Fuego in March 2024, and expects to start production the following November, Vice President Catherine Remy said.The $700 million…

TotalEnergies CEO to Meet Suriname's President, Staatsolie Execs

Sep 13, 2023

The chief executive of French oil major TotalEnergies will meet Suriname's President Chan Santokhi on Wednesday to discuss a promising oil project that could inaugurate the South American country's offshore production.Suriname's Foreign Affairs…

Current News

Petrobras and Staatsolie Strengthen Energy Collaboration

Petrobras and Staatsolie Stren

PRIO Buys Peregrino Oil Field Stake in $1.92B Deal with Sinochem

PRIO Buys Peregrino Oil Field

Mitsubishi Boosts Stake in Petronas’ Malaysia LNG Plant

Mitsubishi Boosts Stake in Pet

India Opts Out of Buying Gas from Russia's Sanctioned Arctic LNG 2 Project

India Opts Out of Buying Gas f

Subscribe for OE Digital E‑News

Offshore Engineer Magazine