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Results:1 - 10 of 755 for ! Exploration and production,

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  • Oil prices rose by 5% on Friday 7 December 2018 after OPEC finalised an agreement to cut oil production by 1.2mn b/d, with non-OPEC allied nations, including Russia, taking a 400,000 b/d share. It was also agreed at the Vienna meeting that Iran would remain exempt from the oil quota cuts, due to cur...

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  • Qatar’s decision to withdraw from OPEC sent ripples through some markets, coming ahead of the OPEC meeting in Vienna on the 6 December 2018.The tiny Gulf state’s decision to quit on 1 January 2019 puts an end to 57-years’ membership in the producers’ cartel. Admittedly, Q...

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  • Digitalisation is under the spotlight this month as we look at how its adoption is having a radical impact on the upstream geospatial community and how it can provide downstream operators with a competitive advantage.Moving to the shipping sector, we take a closer look at the latest developments reg...

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  • Chinese state-owned oil company CNPC is reported to have taken over Total’s 50.1% stake in Iran’s South Pars gas project, after the French company failed to obtain a waiver from US sanctions against the Middle East country.CNPC already holds a 30% interest in the offshore field, which ...

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  • Wintershall has been awarded a 10% interest in the Ghasha offshore ultra-sour gas mega-project, marking the first time a German oil and gas company has joined an Abu Dhabi National Oil Company (ADNOC) concession.The Ghasha concession consists of the Hail, Ghasha, Dalma and other offshore sour gas fi...

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  • BP and co-venturers Shell, Chevron and ConocoPhillips have announced first oil from the giant Clair Ridge project in the West of Shetland region offshore the UK.Clair Ridge is the second phase of development of the Clair field, located 75 km west of Shetland. The field, which was discovered in 1977,...

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    Record type: News Item

  • Ineos Oil and Gas UK has completed a project to re-route gas production from its Clipper South field in the Southern North Sea via the Shell-operated Clipper field into the Bacton processing terminal. The $80mn investment in a new pipeline and subsea equipment will extend the life of the Clipper Sou...

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  • The Chevron-operated Big Foot deepwater project, located in the US Gulf of Mexico, has started crude oil and natural gas production. Located in some 5,200 feet (1,584 metres) of water, Big Foot is estimated to contain total recoverable resources of more than 200mn boe and has a projected production ...

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  • Dana Gas and Crescent Petroleum have increased production capacity at the Khor Mor field, which the companies jointly operate on behalf of Pearl Petroleum. The 30% increase in production at the field, part of the Kurdistan Gas Project, will deliver much-needed gas to fuel power plants in the Kurdist...

    Availability: Online
    Record type: News Item

  • Abu Dhabi National Oil Company (ADNOC) is looking to accelerate the delivery of its new integrated gas strategy, as well as planning to increase oil production capacity to 4mn b/d by 2020, according to His Excellency Dr Sultan Ahmed Al Jaber, UAE Minister of State and ADNOC Group CEO, speaking at th...

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