This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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
Saudi Arabia and Kuwait announced on Monday that Wafra Joint Operations had made a new oil discovery in the North Wafra Wara-Burgan field, located 5 kilometers (3.1 miles) north of the Wafra field, the official Saudi Press Agency reported.
Across the globe operators are prioritizing low-risk, low-cost near field or infrastructure-led exploration (ILX) prospects instead of expensive, high-risk exploration plays.
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
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.
(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.
Albertas wildfire season is off to a fiery start, with a major blaze near the town of Swan Hills prompting evacuations and temporarily shuttering oil operations. Aspenleaf Energy, active in the area, has shut in about 4,000 boepd and evacuated field crews out of precaution.
Operations at Saudi Arabias Jafurah shale gas field the countrys largest unconventional non-oil associated gas site and arguably one of the biggest outside the U.S. will begin this year, according to a comment last week from Saudi Aramcos president and chief executive officer, Amin Nasser.
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 long
Facing increasing operational responsibilities, HQ Field Army undertook a massive effort to embrace agile ways of working. Leaders discuss the journey—and how the pandemic affected their efforts.
Investments in Norways oil and gas sector are set to hit a record high this year, led by increased investments in operatingfields, 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.
said it will be business as usual in its massive Guyana oil field if it loses its arbitration case against Chevron Corp. Chevron agreed to buy Hess for $53 billion in 2023 to gain access to the smaller companys 30% share of Guyanas Stabroek Block, which is 45% owned and operated by Exxon. (World Oil) – Exxon Mobil Corp.
PEI, OTC: GXRFF) (“Prospera“, PEI or the “Corporation“) Prospera Energy remains committed to providing stakeholders with transparent, timely, and data-driven updates on operational performance and field developments. Read more]
The dominant North American oil field services provider told investors Tuesday on a conference call that tariffs will have an impact of 2 to 3 cents per share during the second quarter, with 60% of the hit affecting its completions-and-production unit, which houses the fracing business. Larger oil field service rivals Baker Hughes Co.
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.
The government of Kazakhstan is talking with the supermajors operating its oil fields to reduce production in line with the OPEC+ agreement to which the Central Asian country is a party.
non-operated stake in the deepwater oilfield Bonga offshore Nigeria, where the UK-based supermajor plans to develop another major project. Shells subsidiary operating the Bonga oilfield, Shell Nigeria Exploration and Production Company (SNEPCo), has signed an agreement to buy the French supermajors 12.5%
Mining is one of those industrial operations that does not only hurt the local environment on a temporary basis, but it can practically change the geology, ecology and air quality around the operation area permanently. On that note, let’s discuss a few methods which the industry can adopt to make sustainable mining a reality.
Offshore drilling contractor Dolphin Drilling has moved its 1990-built semi-submersible rig to Caledonia field in the North Sea ahead of upcoming permanent plug and abandonment (P&A) operation
A statement issued by Shana News Agency announced completing the drilling operations of an oil well in the Bibi Hakimeh field at the beginning of the year 1404 (March 21). The operations started last year and completed in 58 days using the Fath 86 drilling rig. The well was handed over to the client for production.
The Council of Ministers has approved an accelerated plan to develop the Akkas gas field in Anbar as part of the government's strategy to advance the oil and gas sector. The field is expected to produce 100 million standard cubic feet of gas per day within one year.
The Indonesian Ministry of Energy and Mineral Resources (MEMR) has issued a directive to Conrad Asia Energy, the operator of the Mako Gas field offshore Indonesia
French tubular solutions supplier Vallourec has secured a contract with Allseas to supply line pipes for Bzios 10 offshore project located at the Bzios field, operated by Petrobras
BP has reached a contractual agreement with the Government of Iraq to invest in the rehabilitation and redevelopment of several giant oil fields in Kirkuk. It will enable us to bring our experience of managing giant fields to realise the potential of this important asset for Iraq, working alongside and in close partnership with NOC and NGC.
Today more investment is required to produce the same amount of oil, due to the natural depletion of the fields and the complexity of the operating environment, the president of the Colombian Oil and Gas Association said, as quoted by Reuters. Crude oil and natural gas investments in Colombia could rise to $4.68
With fluctuating prices and increased operational costs, it has become more important than ever to find the right suppliers quickly and at the best value. Operational bidding is one area where efficient procurement processes are crucial to navigating these complexities and maintaining a competitive edge. Key Features and Benefits 1.
Missan Oil Company has successfully transported its first sulphur shipment, weighing 80 tons, from the Halfaya oil field to its sulfur storage facilities located north of the Bazargan field. Source: Ministry of Oil) The post First Sulphur Shipment from Halfaya Field first appeared on Iraq Business News.
Chevron started its seabed survey operations in early summer, adhering to the timetable for the construction of a strategic pipeline that will connect the Aphrodite gas field in the Eastern Mediterranean to Egypt, according to a statement by the government of Cyprus.
The plan includes actions to achieve more efficient field-level operations and improvements in drilling and completion costs while improving operating margins and corporate costs'.
PEI, OTC: GXRFF) (“Prospera“, PEI or the “Corporation“) Prospera Energy remains committed to providing stakeholders with transparent, timely, and data-driven updates on operational performance and field developments. Read more]
ADNOC Drilling has been awarded a contract for three island rigs by ADNOC Offshore, valued approximately $806 million, to support expanding operations at the offshore Zakum development project
Merakes East is located in a water depth of 1600 m, approximately 10 km east of the Merakes Field. It is tied back via a subsea connection to the Jangkrik Floating Production Unit (FPU) operated by Eni, situated around 50 km away.
The Iraqi Council of Ministers has approved a modification to the contract area of the East Baghdad Oil Field - Southern Region , adding 95 km west of the Diyala River. According to the Media Office of the Prime Minister , this expansion aims to exploit an estimated 710 million barrels of crude oil within the newly incorporated area.
TotalEnergies has signed an agreement with Shell for the sale of its non-operated interest in the Bonga field, offshore Nigeria, for $510 million.TotalEnergies,
One of the worlds most advanced offshore production assets, the Agogo floating production storage and offloading (FPSO) vessel, operated by Yinson Production for Azule Energy
EverCharge, a provider of large-scale electric vehicle charging solutions and part of SK Group, is offering real-time visual smart alerts, including mobile alerts and in-field LED lights, to enhance charging operation efficiency.
8Sigmas voodoo dissolvable frac plugs recently completed a successful field trial for an operator working in the challenging conditions of the North Montney formation. Developed and engineered in Canada, 8Sigmas innovative plugs feature a unique design that offers highly effective isolation in fracturing operations.
TotalEnergies has announced the start of production from the deepwater Ballymore field offshore US, in which the Company has a 40% interest alongside operator Chevron (60%).
bp announced that it 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. The post bp, Iraq Reaches Final Agreement to Develop Kirkuk Fields first appeared on Egypt Oil & Gas.
According to an Oil Ministry statement, technical and engineering teams continue to work efficiently to achieve high completion rates, in line with Ministry of Oil directives to expand production and strengthen infrastructure in Iraq's oil fields. By John Lee.
Equinor Brasil Energia, a subsidiary of Equinor, has entered into agreements with Brazilian company Prio Tigris, a subsidiary of PRIO, for the sale of its 60% operated interest in the Peregrino field
(World Oil) – Africas national oil companies (NOC) are moving beyond operating as state-representatives by transforming themselves into competitive upstream players. mtpa Coral South FLNG project has been operating since 2022 while ExxonMobil plans to make FID on Rovuma LNG in 2026.
Iraqs state-firm Midlands Oil aims to double production at the East Baghdad oilfield to 120,000 b/d by June 2026, according to 13 May comments by East BaghdadSouth Operations Manager Firas Fawzi.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content