ExxonMobil Technology to Extend Production Life of North East Texas Oil and Natural Gas Field

Thursday, January 14th, 2010

Enhanced Recovery to Yield 40 Million More Barrels; New Equipment Will Reduce Air Emissions HOUSTON--(BUSINESS WIRE)--ExxonMobil Production Company today announced a project at the Hawkins Field in northeast Texas to recover ...


Eni awarded the license for the Zubair giant field in Iraq

Wednesday, October 14th, 2009

The Zubair field, one of the largest Iraqi oil fields, currently produces 195,000 barrels of oil per day. In the next seven years, under the field's expansion programme, production is expected ...


Eni starts up production in the Blacktip gas field, offshore Australia

Tuesday, September 15th, 2009

The Field, which is 100% owned and operated by Eni, will deliver gas to the Northern Territory's Power Water Corporation (PWC) for over a period of 25 years, with supply ...


Repsol estimates Brazil’s Guara field has reserves of between 1.1 billion and 2 billion barrels of oil and gas

Sunday, September 13th, 2009

Repsol has a 25% stake in the consortium that discovered the Guara field, located offshore Sao Paulo. Initial tests by operator Petrobras estimate recoverable volumes of between 1.1 and 2 billion ...


Oil News from around the web, Nigeria’s fortunes;Azerbaijan and Turkey;Stanlow facility;Australian oil and gas block

Tuesday, August 18th, 2009

The price of oil fell to its lowest in more than two weeks because of decreased demand and growing stockpiles in the US to ensure sufficient supplies during the North ...


Oil News from around the web, Crude oil for August 2009 delivery fell 50 cents to $59.39 a barrel ;London Brent fell 40 cents to $60.12; Nigeria militants claim attack on Lagos oil depot

Monday, July 13th, 2009

TNK-BP closed the necessary transactions to take near-complete control over the shares in the Lisichansk refinery, a top producing refinery in Ukraine. The refinery, located near the eastern border in Ukraine, ...


Norwegian Sea: Production Start-up of Tyrihans Oil and Gas Field

Wednesday, July 8th, 2009

 Total announces that the Tyrihans oil and gas field in the Norwegian Sea started production. This field, in which Total owns a 23.18% interest, is the largest field to be ...


Aker Solutions enters Brazilian installation market

Wednesday, July 8th, 2009

Aker Solutions has signed a contract with Maersk FPSOs to perform the mooring installation work at the Peregrino field offshore Brazil. The contract is the first marine installation job for ...


Occidental Petroleum and Mubadala Sign Development and Production Sharing Agreement for the Bahrain Field Development

Monday, April 27th, 2009

LOS ANGELES, April 27, 2009 (GLOBE NEWSWIRE) -- Occidental Petroleum Corporation (NYSE:OXY) and Mubadala Development Company (Mubadala), through its business unit Mubadala Oil & Gas, announced today that they have ...


Early start-up of production of the Akpo deep offshore field,Nigeria

Monday, March 9th, 2009

Total announces that its subsidiary Total Upstream Nigeria Limited (TUPNI), operator of the OML 130 block, has started production from its Akpo deep water development ahead of the planned start-up ...


ExxonMobil Welcomes Students to Explore the Exciting Field of Engineering

Monday, February 16th, 2009

"Introduction to Engineering Day" Highlights Opportunities for Boys and Girls Pursuing Professions in Engineering and Related Careers FAIRFAX, Va.--(BUSINESS WIRE)--ExxonMobil engineers are visiting seven Fairfax County Public Middle Schools to attract ...


Eni starts production from a new oil field in the GoM

Wednesday, December 17th, 2008

The Pegasus field has been developed as a tie back to the Eni operated Allegheny Tension Leg Platform. San Donato Milanese (Milan), 17 December 2008 -   Eni has started production from ...


Chevron Announces First Oil Production From Indonesia’s North Duri

Wednesday, November 26th, 2008

FieldLatest achievement extends life of field that has produced more than 2 billion barrels SAN RAMON, Calif., Nov. 25, 2008 - Chevron Corporation (NYSE: CVX) today announced that its wholly owned ...


Eni starts development of the Longhorn gas field located in the Gulf of Mexico deepwater

Monday, April 28th, 2008

Initial production is expected to begin in March 2009 with a gross peak production rate of 200 million cubic feet per day (approx. 35,000 barrels of oil equivalent per day) San ...


StatoilHydro’s Plan for Development and Operation (PDO) of the Morvin field approved

Friday, April 25th, 2008

StatoilHydro’s Plan for Development and Operation (PDO) of the Morvin field was approved today, Friday 25 April. This is the first PDO approved in the merged StatoilHydro. Morvin was discovered in ...


SMT’s KINGDOM Flex Grid Helps Vanco Energy Find the Next Super Giant Oil Field

Thursday, April 17th, 2008

Pioneering Exploration Company Improves Ability to Prospect for Oil Utilizing New SMT Capabilities HOUSTON--(BUSINESS WIRE)--SMT, the market leader for PC-based geoscientific interpretation software, announced today that its newly released Flex Grid ...


Eni started production from Badhra gas field and completed the third train at Bhit gas treatment plant in Pakistan

Tuesday, April 15th, 2008

The Badhra Development and Bhit Acceleration Project increases the existing Bhit plant capacity by 17% from 270 million metric standard cubic feet per day (MMscfd) to 315 MMscfd. San Donato Milanese ...


Oil production resumes in Villano field in Ecuador -Eni

Wednesday, April 2nd, 2008

Eni is the operator of the Villano Field with a 100% share through a service contract. The field production is approximately 28,000 barrels of oil per day (17,000 net to ...


RWE Dea starts offshore gas field development in North Idku

Tuesday, March 25th, 2008

RWE Dea has signed a gas sales agreement with EGPC and EGAS for delivering natural gas to the Egyptian domestic market and immediately commenced the phased development of the discovered ...


SAGA Oil ASA acquires new large oil & gas field in Russia

Monday, March 3rd, 2008

SAGA Oil has purchased the 637 square kilometer Kudryashovsky license in the Orenburg region in Russia. The license has preliminary extractable reserves of 60.8 million BOE, confirmed by the Russian ...


Chevron Confirms Development of Nigeria Deepwater Field

Friday, February 29th, 2008

SAN RAMON, Calif.--(BUSINESS WIRE)--Chevron (NYSE:CVX) confirms that its subsidiary Chevron Nigeria Deepwater Limited and its co-venturers are moving forward to develop the offshore Usan field in Nigeria. “The Usan development project ...


Total Announces Launch of Anguille Field Redevelopment in Gabon

Thursday, February 28th, 2008

 Total subsidiary Total Gabon today announces that it has begun redeveloping the Anguille Field in Gabon. Anguille is located 20 kilometres offshore Port-Gentil, in a water depth of 30 metres in ...


Shell to co-develop deepwater Gumusut-Kakap field offshore Malaysia

Wednesday, January 30th, 2008

30/01/2008   Shell announced that Final Investment Decision has been taken to jointly develop the Gumusut-Kakap field, located in deepwater, offshore Sabah, Malaysia.       Sabah Shell Petroleum Company will be operator of the development, ...