Production
Innovations Driving the Future of Offshore Drilling
The Future of Offshore Drilling: Innovations Driving Efficiency and Sustainability in Upstream Operations Offshore drilling is only one piece of...
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Shell Approves Gato do Mato Project in Brazil
Shell plc’s SHEL subsidiary Shell Brasil Petróleo Ltda. (Shell Brasil), an important milestone for Brazil's energy resources, approved the Final Investment...
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Tupi oil and gas field offshore Brazil reaches 2.6 Bboe of production on 15-year anniversary
Brazil’s Tupi field reached 15 years of operations and 2.6 Bboe or accumulated production, with seven units in operation. Located...
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ConocoPhillips begins oil production from $1.2 billion Eldfisk North project in North Sea ahead of schedule
The licensees of the Eldfisk Field, operated by ConocoPhillips Skandinavia AS, announced successful first oil production on the Eldfisk North...
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Aramco and Rongsheng explore new opportunities in KSA and China
Aramco, one of the world’s leading integrated energy and chemicals companies, is exploring the formation of a joint venture in...
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Talos signs $1.1bn deal to acquire US Gulf of Mexico oil producer EnVen
Talos Energy has agreed to acquire EnVen Energy, a US-based private operator in the deepwater US Gulf of Mexico, in...
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Oil production costs reach new lows boosting deepwater prospects
A Rystad Energy analysis of oil production costs has revealed that the average breakeven price for all unsanctioned projects has...
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BP starts gas production from Qattameya field
BP has started gas production from its latest development ‎offshore Egypt – the Qattameya gas field in the North Damietta...
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EIA projects $43 oil, flat U.S. production in the first half of 2021
The U.S. Energy Information Administration reported that a record 12.9 million barrels per day (bpd) of crude oil was produced...
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Pemex to increase oil and gas production in H2 with 20 new exploration wells
Mexico´s Pemex aims to increase crude and gas production during the second half of 2020 as it pushes forward with...
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