Oil Field

Oil & Gas
UK Eases North Sea Oil and Gas Licensing for Existing Fields
The UK Government has adjusted its North Sea oil and gas licensing policy in the latest Budget, allowing new production licences where activities are tied to ex
Oil & Gas
Ithaca Signs Farm-in Agreement With Shell for Tobermory Discovery in UK
Ithaca Energy, a UK-based oil and gas operator, has entered into a farm-in agreement with Shell UK. The agreement grants Ithaca Energy a 50% working interest in
Oil & Gas
Petrobras and Equinor Big Winners in Brazil’s Pre-Salt Auction
The Netherlands will cull around 161,000 chickens at a poultry farm in the central-eastern region of the country after bird flu was detected there, the governme
Oil & Gas
McDermott Finishes Debut Subsea Project in Angola for TotalEnergies
U.S. offshore engineering and construction company McDermott has completed its first subsea project in Angola, working with TotalEnergies on the Begonia field d
Oil & Gas
Equinor Starts Production in Bacalhau Offshore Brazil
Equinor ASA, along with its partners, has initiated production at the Bacalhau field in Brazil's offshore Santos Basin. The Norwegian energy company, majori
Oil & Gas
Exxonmobil Mulls Iraq Reentry With Majnoon Deal
Exxon Mobil Corp. is preparing to return to Iraq after nearly two years, with plans to sign agreements that could pave the way for exploring the country’s
Oil & Gas
Vitol Seals Acquisition of 30 Percent Stake in Ivorian Field
Eni SpA, an Italy-based global energy company, has finalized a 30 percent stake sale of the Baleine field offshore Cote d'Ivoire to Vitol Group, reducing En
Oil & Gas
Nigeria Approves Shell, Agip Buyout of TotalEnergies’ Stake in Bonga Oilfield
Nigeria’s oil regulator has approved a $510 million agreement by TotalEnergies to sell its 12.5% interest in Oil Mining Lease (OML) 118, which contains the off
Oil & Gas
Exxon Greenlights $6.8 Billion Investment for Hammerhead Project in Guyana
Exxon Mobil announced on Monday the approval of funding for its seventh oil development project, named Hammerhead, in Guyana’s Stabroek Block. This milest
Oil & Gas
New Zealand Prolongs Oil Production Lifespan of OMV’s 16-Year-Old Field to 2037
OMV New Zealand, a subsidiary of Austria’s OMV, has been granted a 10-year extension of its petroleum mining permit (PMP) 38160 for the Maari oil field, l
Oil & Gas
Norway’s Northernmost Oil Field Formally Inaugurated
Equinor officially inaugurated the Johan Castberg oil field on August 8. This marks Norway’s northernmost oil development and the third producing field in
Oil & Gas
CNOOC Achieves New Gas Startup in South China Sea
CNOOC Ltd., a subsidiary of China National Offshore Oil Corp., has commenced production at the Dongfang 1-1 Gas Field 13-3 Block Development Project in the Ying
Oil & Gas
Changqing Oilfield’s Daily Shale Oil Output Surpasses 10,000 Tonnes
On Wednesday, Changqing Oilfield, China’s largest oil-and-gas field, reported a daily shale oil production of 10,006 tonnes, marking a significant milesto
Oil & Gas
First Oil Flows From Chinese Major’s Bohai Sea Shallow Water Asset
CNOOC Limited, a subsidiary of China National Offshore Oil Corporation, has commenced production at the Kenli 10-2 Oilfields Development Project (Phase I) in th
Oil & Gas
Subsea7 and Onesubsea Pick Up Work on Equinor’s New Chapter of Brazilian Oil Field Story
Equinor, a Norwegian state-owned energy company, has engaged Subsea Integration Alliance (SIA), a partnership between SLB OneSubsea and Subsea7, to conduct a co

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UK Eases North Sea Oil and Gas Licensing for Existing Fields

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Oil Field

UK Eases North Sea Oil and Gas Licensing for Existing Fields

Ithaca Signs Farm-in Agreement With Shell for Tobermory Discovery in UK

Petrobras and Equinor Big Winners in Brazil’s Pre-Salt Auction

McDermott Finishes Debut Subsea Project in Angola for TotalEnergies

Equinor Starts Production in Bacalhau Offshore Brazil

Exxonmobil Mulls Iraq Reentry With Majnoon Deal

Vitol Seals Acquisition of 30 Percent Stake in Ivorian Field

Nigeria Approves Shell, Agip Buyout of TotalEnergies’ Stake in Bonga Oilfield

Exxon Greenlights $6.8 Billion Investment for Hammerhead Project in Guyana

New Zealand Prolongs Oil Production Lifespan of OMV’s 16-Year-Old Field to 2037

Norway’s Northernmost Oil Field Formally Inaugurated

CNOOC Achieves New Gas Startup in South China Sea

Changqing Oilfield’s Daily Shale Oil Output Surpasses 10,000 Tonnes

First Oil Flows From Chinese Major’s Bohai Sea Shallow Water Asset

Subsea7 and Onesubsea Pick Up Work on Equinor’s New Chapter of Brazilian Oil Field Story

UK Eases North Sea Oil and Gas Licensing for Existing Fields

Ithaca Signs Farm-in Agreement With Shell for Tobermory Discovery in UK

Iraq and China’s Geo-Jade Sign Deal for Tuba Oilfield Expansion

Eni Cheers New Oil Find Offshore Mexico

Vitol Seals Acquisition of 30 Percent Stake in Ivorian Field

Equinor Starts Production in Bacalhau Offshore Brazil