Shell and Petrobras Sign Technical Cooperation Agreement to Strengthen Deepwater PartnershipSep 12, 2017Royal Dutch Shell and Petrobras signed last week in The Hague, Netherlands, a Memorandum of Understanding (MoU) to establish a long-term mutual collaboration in developing pre-salt fields in Brazil.
Energean Receives Approval to Develop the Katakolo Field in Western GreeceSep 11, 2017Energean Oil & Gas has announced that it has received approval for its Field Development Plan (FDP) for the development of the Kataloko field in Western Greece...
Aqualis Offshore Goes DutchAug 2, 2017Offshore marine and engineering consultancy Aqualis Offshore, part of Oslo-listed Aqualis ASA, is setting up a presence in the Netherlands.
Production Starts at ByrdingJul 31, 2017Statoil and its partners have started production on the Byrding field as planned. Recoverable volumes in Byrding are estimated at a good 11 million barrels of oil equivalent.
OGIC Surpasses 40th Project Milestone for Innovation and Technology ProjectsJul 25, 2017Following the signing of three new projects, The Oil and Gas Innovation Centre (OGIC) has reached its 40th project target ahead of schedule, with a total investment of over GBP 1.3 million...
MOL Group Partners with Evonik and thyssenkrupp for Key Strategic InvestmentJul 21, 2017MOL Group has entered into key contracts related to core technologies of the Polyol Project, which was announced in 2016 as part of the first investment cycle of the MOL 2030 long-term strategy.
Panoro Announces Dussafu Oilfields Development DecisionJul 18, 2017Panoro Energy ASA has announced that Pan Petroleum Gabon B.V. (a fully owned subsidiary of Panoro) has approved the operator’s proposed work program and budget to move forward...
Total Commences Operations on Al-Shaheen Oil Field Alongside Qatar PetroleumJul 12, 2017Total and Qatar Petroleum will take over the operatorship of the giant Al-Shaheen offshore oil field for a period of 25 years beginning July 14, 2017.
Ensco plc Announces Three Drillship ContractsJul 12, 2017Ensco plc has announced that it has been awarded three drillship contracts offshore West Africa, representing an aggregate 3 years of contracted term and more than 6 additional years of options.
Statoil to Recruit Skilled Workers to All FieldsJul 12, 2017Statoil plans to recruit more than 50 skilled workers annually in the years ahead to ensure that the company has the right competence and capacity on the Norwegian continental shelf.
S&P Global Platts – OPEC June Output at 32.49 Million b/d to Six-Month HighJul 7, 2017The Organization of the Petroleum Exporting Countries (OPEC) members’ crude output rose 500,000 b/d to 32.49 million barrels per day compared to May, according to the latest S&P Global Platts survey.
McKinsey Energy Insights Expects US Shale Oil Production to Reach 9 Mb/d by 2025Jun 29, 2017McKinsey Energy Insights (MEI), the data and analytics specialist that provides distinctive insight and support to the global energy industry, has released its North American Shale Oil Outlook.
Petrobras to Consider Listing Distribuidora (BR)Jun 23, 2017The Petrobras Executive Board has given the go-ahead for examining a possible Initial Public Offer (IPO) for wholly-owned subsidiary Petrobras Distribuidora S.A. (BR), to list it on the B3 (formerly BM&FBOVESPA) stock exchange...
Green Light for Njord and BaugeJun 21, 2017The plans for development and operation (PDO) of Njord and Bauge in the Norwegian Sea have now been approved by the authorities.
BP Celebrates 40 Years of Production at Prudhoe BayJun 21, 2017The BP-operated Prudhoe Bay oil field in Alaska has reached 40 years of production, a milestone highlighting its historic contribution to US energy security and ongoing role as a key economic engine...
Cairn Secures New Licences in Mexico Bid RoundJun 21, 2017Cairn has announce it has secured interests in two licences in the Mexico offshore bid round.
More Research on CO2 Reduction and DigitalisationJun 19, 2017Statoil’s new technology strategy intensifies the company’s research on CO
2 reduction and digital solutions. “Statoil wants to be in the forefront of the development...
BP and Reliance Industries to Progress and Expand PartnershipJun 16, 2017Reliance Industries Limited (RIL) and BP have announced that they are moving forward to develop already-discovered deepwater gas fields, bringing new gas production for India.
S&P Global Platts – May OPEC Output Up 270,000 at 32.12 Million b/d – Highest Since January 2017Jun 8, 2017The Organization of the Petroleum Exporting Countries (OPEC) members’ crude output rose 270,000 barrels per day (b/d) to 32.12 million barrels per day in May compared to April, according to a recent S&P Global Platts survey.
Industry and Scottish Government Back Oil & Gas Resource to Tackle Looming Experience and Knowledge GapJun 6, 2017A major digital resource developed for the oil and gas industry, has received GBP 50,000 from the Scottish Government.
Buchan Oil Production Vessel to be Decommissioned in ShetlandJun 5, 2017After 36 years and almost 150 million barrels of oil, the
Buchan Alpha facility in the UK North Sea ceased production, as planned, on 12 May 2017.
Research Points Towards a New Competitive Era for Sustainable EnergyJun 3, 2017The global oil and gas industry is actively transitioning into a more sustainable energy future, according to DNV GL research.
Petrobras April Production of Oil and Natural GasMay 18, 2017Petrobras total production of oil and natural gas in April stood at 2.72 million barrels of oil equivalent per day (boed), including 2.60 million boed produced in Brazil and 120,000 boed produced abroad.
S&P Global Platts – April OPEC Crude Oil Output Unchanged at 31.85 Million Barrels Per DayMay 8, 2017The 10 Organization of the Petroleum Exporting Countries (OPEC) members’ crude output stayed unchanged in April at 31.85 million barrels per day (b/d) compared to March...
