Australia's second-largest oil and gas producer Santos estimated its full-year production to be at the top half of its forecast range on Thursday, and said its Pikka project could start oil production as early as 2025.The company expects to…
Australia's top energy firm Woodside marginally raised its annual output expectations on Wednesday after a record production for the quarter, reflecting ramp-up at Sangomar facility in Senegal and higher seasonal domestic gas demand.The country's…
The floating production storage and offloading (FPSO) Maria Quitéria, built by Malaysian FPSO supplier Yinson, has started operating at Petrobras’ Jubarte field in Campos Basin offshore Brazil.The FPSO unit has the capacity to produce up to…
North Sea Ekofisk and Forties crude differentials lost ground in the week's opening session on keen selling interest in the Platts window.PLATTS WINDOW* Indications are on a free-on-board (FOB) basis unless marked as cost, insurance, and freight (CIF) or delivered at place (DAP)…
INEOS Energy has brought online the electric-driven compressor at the Teesside Gas Processing Plant, which will boost gas flows from the INEOS-operated Breagh gas field offshore U.K.The new compressor represents a significant investment that…
“Year-to-date, Guyana’s oil exports have jumped to 598 thousand barrels per day (kbpd), a 58% year-on-year increase, adding to the growth achieved in previous years. Over the past three years, the average annual growth rate has hit 76%,” says Niels Rasmussen…
Kosmos Energy said on Tuesday a Paris-based arbitrator has ruled in favor of BP, prohibiting Kosmos from selling to third parties liquefied natural gas from the Greater Tortue (GTA) project offshore Senegal and Mauritania.LNG is key to BP's strategy and broader energy transition plan…
China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has started production at the Bozhong 19-2 oilfield development project in Bohai Bay.The project is located in central Bohai Bay, with an average water depth of about 20 meters…
Energy firms Equinor, Aker BP and Vaar Energi have raised their crown-denominate cost estimates for major oil and gas development projects offshore Norway, the country's government said on Monday.Equinor's Johan Castberg project is now expected to cost 86 billion crowns ($8…
Chevron Mediterranean, a subsidiary of the U.S. oil giant Chevron, has informed that the works on the Leviathan field that would expand its gas production have been postponed due to the escalation of security situation resulting from the Israel-Gaza war…
BP has abandoned a target to cut oil and gas output by 2030 as CEO Murray Auchincloss scales back the firm's energy transition strategy to regain investor confidence, three sources with knowledge of the matter said.When unveiled in 2020, BP's…
Canada-based oil and gas company Valeura Energy has informed that the Nong Yao C extension, which started production in mid-August 2024, boosted the output from Nong Yao field offshore Thailand for 66%.In early August 2024, Valeura Energy completed drilling operations on the Nong Yao C extension…
Chevron said on Wednesday it has resumed natural gas production at the Tamar and Leviathan platforms offshore Israel following brief precautionary production shut-in on Tuesday night.(Reporting by Ron Bousso; editing by Jason Neely)
Serica Energy has informed that the B6 well on the Bittern field, which started initial flowback to the Triton FPSO in September 2024, is now producing at a stable rate.The well is producing oil and gas at a combined gross rate of around 8,000 boepd…
China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has started production at phase-2 development at its Shenhai-1 deepwater gas project in northern South China Sea.The project is located in the Qiongdongnan Basin…
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