Production
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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CNOOC Limited Announces Qinhuangdao 33-1S Oilfield Phase I Project Commences Production
CNOOC Limited announced that Qinhuangdao 33-1S oilfield phase I project has commenced production. Qinhuangdao 33-1S oilfield is located in central...
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Rosneft Reduces Fugitive Methane Emissions in Exploration and Production by 73% in 2019
Rosneft reduced fugitive methane1 emissions in the Upstream sector by 73% in 2019 as a result of a comprehensive programme...
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ABS unveils guidelines for FPSOs and FPUs operating in Brazil
The American Bureau of Shipping (ABS) has introduced a detailed technical advisory and two new notations for floating production, storage...
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Cooper Energy restarts production at Orbost processing plant
Oil and gas explorer and developer Cooper Energy has resumed commissioning of the Orbost gas plant in Victoria, Australia. The...
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