Production News

 

FPSO Anita Garibaldi Leaves China Shipyard for Brazil

Oct 07, 2022

Brazilian oil and gas firm Petrobras said Thursday that the Anita Garibaldi FPSO had left the DSIC Marine Yard shipyard, in Dalian, China, and is now en route to Brazil. The FPSO, being supplied by MODEC will be deployed at the the Marlim and Voador fields…

Cyprus in Renewed Push to Extract Offshore Gas as Shortages Loom in EU

Oct 07, 2022

Cyprus expects natural gas from its seas to become commercially available by 2027, its energy minister said on Friday, adding that Europe's energy crisis had put a renewed focus on how to expedite the development of reserves in the east Mediterranean…

BP Looks to North Sea, U.S. Shale for Near-term Oil and Gas Boost

Oct 07, 2022

BP is targeting the North Sea and U.S. shale basins to boost oil and gas supplies in the short term in response to the global energy crisis, its head of oil and gas operations told Reuters.BP aims to cut its oil and gas output by 40%, or 1 million barrels of oil equivalent per day (boed)…

Mexico's Pemex Has No Record of Reporting Methane Leak from Offshore Oil Field

Oct 07, 2022

Pemex did not inform Mexico's environmental regulator of a methane leak from a key offshore oilfield in December, according to the state oil company's response to a freedom of information request, which confirmed an earlier Reuters report that the regulator had no record of the incident…

EIG's MidOcean Energy to Buy Tokyo Gas’ Interests in Gorgon, Pluto, Ichthys, Queensland Curtis LNG Projects

Oct 07, 2022

EIG-backed LNG company MidOcean Energy has agreed to acquire Tokyo Gas’ interests in a portfolio of four Australian integrated LNG projects, Gorgon LNG, Ichthys LNG, Pluto LNG, and Queensland Curtis LNG for $2.15 billion in cash. 'These integrated…

Three New Players to Join Qatar Energy's North Field South (NFS) Project

Oct 06, 2022

Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of QatarEnergy, said that three new partners will be entering the North Field South (NFS) project in addition to the partner recently announced, adding that they will be announced in due course…

OPEC+ Agrees Deep Oil Production Cuts, Biden Calls It Shortsighted

Oct 06, 2022

OPEC+ agreed steep oil production cuts on Wednesday, curbing supply in an already tight market, causing one of its biggest clashes with the West as the U.S. administration called the surprise decision shortsighted.OPEC's de-facto leader Saudi…

Norway's Oil Output Seen Rising by 15% in 2023

Oct 06, 2022

Norway's production of oil liquids is expected to rise by 15% in 2023 as the Johan Sverdrup field is set to ramp up output by the end of this year, the government's draft budget showed on Thursday. 'The Norwegian continental shelf must continue…

PTTEP Taps Technip Energies for FEED at Lang Lebah Gas Plant with CO2 Capture

Oct 06, 2022

Thai oil company PTTEP has selcted Technip Energies to perform Front-End Engineering Design (FEED) of the Lang Lebah OnshoreGas Plant 2 (OGP2) project located in Bintulu, Sarawak, in Malaysia. The FEED contract covers the design of an onshore…

Norway Hikes Tax on Oil Industry by NOK 2B in 2023

Oct 06, 2022

Norway's center-left government said on Thursday it planned to raise taxes on the country's oil and gas industry by 2 billion Norwegian crowns ($191 million) in 2023 by partly reversing an incentive package introduced during the coronavirus pandemic…

African Countries to Push for More Fossil Fuel Projects at COP27

Oct 05, 2022

African countries will use the COP27 climate talks in Egypt next month to advocate for a common energy position that sees fossil fuels as necessary to expanding economies and electricity access, the continent's top energy official said on Tuesday…

Petrobras Orders 10th FPSO for Búzios Field

Oct 04, 2022

Brazilian oil and gas company Petrobras has ordered a floating, production, storage, and offloading (FPSO) vessel from Singapore's Sembcorp Marine Rigs & Floaters.The FPSO, named P-82, will be deployed at the giant Búzios oil field, in the Santos Basin pre-salt area…

Heerema Installs Tyra TEG Module in 'Heaviest Offshore Crane Lift Ever'

Oct 04, 2022

Dutch offshore installation firm Heerema Marine Contractors said Tuesday it had broken a world lifting record with the installation of a 17,000 metric ton TotalEnergies' Tyra TEG module in the Danish sector of the North Sea.The TEG module, described as the biggest Tyra II project topside…

Veolia Water Technologies' Seawater Treatment Process Module for One Guyana FPSO

Oct 04, 2022

Veolia Water Technologies has won a multi-million dollar contract to supply a seawater treatment process module for the One Guyana FPSO, that will operate in the ExxonMobil-operated Stabroek block, offshore Guyana.The Yellowtail - SBM Offshore/McDermott…

Nigeria to Award Flare Gas Contracts by End-December

Oct 03, 2022

Nigeria will award contracts for its flared gas by the end of December under an accelerated programme to harness gas that is released as a byproduct of oil production, the country's petroleum regulator said.President Muhammadu Buhari first…

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