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Shell and its partners have started up two subsea compressors to boost the recovery rate at the Ormen Lange natural gas field in the Norwegian Sea, the UK-based supermajor, which operates the field, said on Friday. Shell expects the compression stations to raise the gas recovery rate to 85% from the current 75%.
Israel has ordered the shutdown of its massive Leviathan gas field, cutting off a critical supply line to Egypt just as regional tensions with Iran erupt into open conflict. Chevron, the operator of Leviathan, confirmed the halt on Friday after Israel’s Energy Ministry issued the order, citing escalating security threats.
China National Offshore Oil Corporation (CNOOC) has fully launched the second phase of its Deep-Sea No. 1 natural gas project in the South China Sea, boosting domestic output by 4.5 billion cubic meters (bcm) per year.
Portugal-based energy company Galp expects its oil production in Brazil to jump by 40% in the coming years as a new major field is set to begin production later in 2025, Nuno Bastos, EVP Upstream, has said. The expected start-up of the Bacalhau field, operated by Norways Equinor, is set
Iran is targeting a dramatic increase in oil production from the fields it shares with neighbouring Iraq, according to the chief executive officer of its Petroleum Engineering and Development Company (PEDEC), Nasrollah Zarei. Other notable major shared fields among many others -- are Azar (on the
Chinas state energy company CNOOC said today it had discovered a new oil field in the South China Sea that could contain over 100 million tons of crude oil, equal to around 733 million barrels. Dubbed Huizhou 19-6, the field is located some 100 miles offshore the province of Shenzhen.
Ask any oilfield operations manager what slows down invoicing and you’ll hear it every time: submitting field tickets from the job site to the office. Now, let’s talk about the most underrated solution to fix it: digital field tickets. And when invoicing stalls, so does your cash flow. The result?
Its South Pars field spans 3,700 square kilometres and holds an estimated 14.2 Iran has awarded US$17 billion of contracts to attempt to reverse a dramatic projected production decline from the worlds biggest gas reservoir. trillion cubic metres (tcm) of gas reserves plus 18 billion barrels of gas condensate.
CNOOC has installed the largest and heaviest offshore platform at a field in the Bohai Sea, the company said today, boasting the facility was 22.8 The platform was installed at the Kenli field, at a depth of some 20 meters, which has proven reserves of some 100 million tons of crude oil. meters high and weighed over 20,000 tons.
Kazakhstan is likely to top its oil production plan this year, due to the expansion of the Chevron-led Tengiz field, Kazakhstans Energy Minister Erlan Akkenzhenov said on Friday, in yet another snub at OPEC+ quotas. Earlier this year, Kazakhstans energy ministry said that the country plans to produce a total of 96.2
The key fields contributing to the increase include Pasakhi/Pasakhi North East, Rajian, Kunar, Sono, Thora, Jhandial, and Lashari Centre, according to a report by Arif Habib Limited cited by Pakistani media.
billion (13 billion Norwegian crowns) in the Phase 3 expansion of the Johan Sverdrup oilfield in the North Sea, Western Europe’s biggest oil-producing field. The investment will increase recoverable volumes from the field by 40–50 million barrels of oil equivalent (boe), with production expected to start in late 2027, Equinor said on Tuesday.
Equinor has made a gas discovery close to its Johan Castberg oilfield in the Barents Sea and will assess a potential tie-in to the now fully operational Arctic field.
Production officially restarted on Sunday at an initial rate of 5,000 barrels per day, with plans for an increase to 25,000 bpd by July. According to the Chairman of Libyas National Oil Corporation, Masoud Sulaiman, Libya plans to increase its oil output from 1.4 mb/d currently to 2 mb/d in 2028.
The post Autocar Starts Field Testing for E-ACX Electric Refuse Trucks appeared first on NGT News. AUTOCAR, a manufacturer of specialized severe-duty vocational trucks, has built its first two alpha units that feature a zero-emissions, all-electric powertrain.
The Abu Dhabi wealth funds energy arm has snapped up a 24% stake in SoTex HoldCo LLCoperator of a shale gas field and backer of an LNG terminal in Louisiana. Mubadala Investment Co just planted its flag in the U.S. natural gas scene, marking its first real foray into the Lower 48s upstream and LNG ambitions.
Facilities such as this will play an instrumental part in supporting marginal field production by facilitating crude exports and increasing revenue generation in Nigeria,” said the African Energy Chamber (AEC) in a statement. For Nigeria’s marginal fields, the terminal opens new doors for greater operational efficiency.
DB Schenker, an international logistics service provider, and FUSO, a Daimler Trucks brand, say they are expanding their partnership in the field of e-mobility. In the coming months, DB Schenker will bring a total of 36 additional FUSO eCanter vehicles into operation in 11 European countries.
Shale titan Harold Hamm isnt mincing wordsif oil prices stay this low, drilling in some of Americas prized shale fields could grind to a halt. fields are already on shaky ground. Speaking at CERAWeek in Houston, the Continental Resources founder warned that with oil hovering near $65 a barrel, many U.S. That shuts you down.
In the next posts, we’ll cover why digital field tickets are a game-changer and how service companies are slashing DSO from months to days ( and in many cases to zero). Resistance at every turn: paper field tickets, manual processes in the field and back office, and a disconnect between operations and accounting. The result?
Amid the escalating conflict in the Middle East, Italian energy major Eni has reduced the number of staff at the Zubair oil and gas field in Iraq as a precautionary measure, an Eni spokesperson told Reuters on Monday. The Israel-Iran conflict that began earlier this month took a major turn this weekend after the U.S.
billion (NOK 13 billion) investment in the third phase of Johan Sverdrup field, which entails the installation new… Equinor and its partners have approved the $1.29
Centrica has announced plans to sell off a big chunk of its holding in the Cygnus gas field in the southern North Sea. Cygnus is one of the largest gas fields in the UK section The deal will see Spirit Energy a subsidiary of Centrica offload its 46.25 per cent stake in the site for around 215m to Ithaca Energy.
The Troll field… A new oil and gas project in the North Sea has been greenlit by Norwegian oil major Equinor and its Fram partners, which plan to invest NOK 21 billion or USD$2 billion. Equinor Energy owns 45 percent of the Fram Sør project, Vår Energi ASA holds 40 percent and INPEX Idemitsu Norge AS has 15 percent.
News True Blue Blog Utilities are adopting game-changing platforms to seamlessly integrate field services with customer serviceboosting both customer and employee satisfaction Where energy conversations come to life. When field services and customer service come together successfully, theres no telling what might happen.
This weeks call from the International Energy Agency (IEA) for continued investment in existing oil and gas fields is another moment of truth for the Paris-based agency, highlighting its inconsistent messages about upstream investment, OPEC says. OPEC reviewed the messages the IEA has issued since 2017 in an article published on its website.
Located approximately 100 kilometers north of the Snhvit field, Castberg is now the second operational oilfield in Norways Barents Sea, following Vr Energi's Goliat field, which began production in 2016. The Johan Castberg field is based on three key
Baker Hughes, an energy technology company, has secured a contract from Equinor to provide its plug and abandonment (P&A) services in the Oseberg East field on Norway’s continental shelf…
This milestone marks … Read More The post COTE D’IVORE: Expro Deploys its Autonomous iTONG™ System in the Baleine Field appeared first on oilnewsafrica. Expro has successfully deployed its Autonomous iTONG™ system for the first time in the Sub-Sahara Africa (SSA) region, for a major offshore operator off the Côte d’Ivoire.
Vår Energi has entered into a collaboration agreement with TechnipFMC Norge for delivery of subsea projects utilizing its integrated model to fast-track future developments…
bp, which has pivoted away from its failed low-carbon strategy to focus more on fossil fuels, signed a memorandum of understanding to study reviving two huge oil fields in Libya, it said in a statement on Tuesday. We hope to apply bp’s experience from redeveloping and managing giant oil fields around the world.” million to 1.3
(World Oil) – bp has received final government ratification for its contract to invest in the redevelopment of several giant oil fields in Kirkuk, in the north of Iraq. Calgary, Canada – September 21, 2012: BP’s Canadian head office in Calgary Alberta. Mohammed Shia’ Al Sudani, H.E.
Iran – The South Pars/North Dome field, shared with Qatar, is the largest gas field in the world. sources include: The Marcellus Shale (Appalachia) – Stretching across Pennsylvania, West Virginia, and Ohio, this is one of the most productive natural gas fields in North America. But where does it actually come from?
Equinor and its partners agreed on a NOK-13 billion investment to proceed with the third phase of Johan Sverdrup to increase recoverable volumes from the North Sea field by 40-50 million boe.
(World Oil) –MOL has discovered a new oil field near Somogysmson in Western Hungary. During the exploration drilling carried out in December 2024, oil was found at a depth of 1,250 meters. According to the results, the well has potential to produce 1,200 bpd. In 2024, it produced an average of 93.8
Handwritten field tickets for those loads exchange hands, only to get stuffed in a truck door or tossed onto a dashboard. With up to 100 loads of water per frac job, those paper field tickets pile up fast – and each one represents revenue waiting to be captured. It’s an invisible anchor on growth. Spoiler alert: you get paid faster.
Brent Crude $78.03 +1.73% Natural Gas $4.04 +1.35% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS BW Opal FPSO Arrives at Barossa Field, Commissioning Underway by Paul Anderson | Rigzone Staff | Thursday, June 19, 2025 | 2:53 AM EST The platform's arrival keeps Barossa LNG on track to start production in the third quarter.
Qatar's gas production at the South Pars field is steady and supply is proceeding normally, it said on Tuesday, after the world's largest gas field was hit by an Israeli airstrike on Saturday…
Investments in Norways oil and gas sector are set to hit a record high this year, led by increased investments in operating fields, Statistics Norway said on Tuesday in its latest survey of companies investment plans. billion (269 billion Norwegian crowns), up by 6% compared to the estimates in the previous quarter.
(World Oil) – Namibia will offer financial incentives to help kick-start the development of oil fields managed by a group led by TotalEnergies, according to a special adviser in the presidency. But the explorers have also hit dry wells, prompting them to write off drilling costs as they learned more about the fields.
Energean has received notice from the Israeli Ministry of Energy and Infrastructure, instructing the safe restart and resumption of production and operations at its Energean Power floating production…
Equinor and its partners have made a gas discovery in the Skred prospect, located near the Johan Castberg field in the Barents Sea, off Norway.The 7220/5-4well was…
While some operations are under threat due to the introduction of sanctions on neighbouring Venezuela, the government hopes to expand several of the countrys oil and gas fields in the coming years. Trinidad and Tobago has steadily been developing its fossil fuel potential in line with regional growth. Trinidad and Tobago has long
Expand’s Shannon Fields OHI #3H well, located in Ohio County, WV, has a 29,687-ft lateral. Hart Energy reports that Expand Energy, formed by the combination of Chesapeake Energy and Southwestern Energy, drilled a massive 5.6-mile mile lateral in northern West Virginias dry-gas Uticaand it was drilled in five days with just one bit run.
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