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CNOOC Commences Production at Kenli 10-4 Oilfield, Offshore China
January 28, 2016
CNOOC Limited has commenced production at the Kenli 10-4 oilfield. The Kenli 10-4 oilfield is located in the South of Bohai with an average water depth of approximately 15 meters. In addition to fully utilizing the existing facilities of Kenli
Chevron Begins Natural Gas Production at Chuandongbei Project, Southwest China
January 28, 2016
Chevron Corporation’s fully-owned subsidiary Unocal East China Sea, Ltd. has begun natural gas production from the first stage of the Chuandongbei Project in southwest China. Chuandongbei is one of the largest onshore gas projects developed by an international oil company
Kosmos Energy Finds Significant Gas Discovery at Guembeul-1, Offshore Senegal
January 28, 2016
Kosmos Energy has made a significant gas discovery at its Guembeul-1 exploration well, located in the northern part of the St. Louis Offshore Profond license area in Senegal. Located approximately five kilometers south of the basin-opening Tortue-1 gas discovery (renamed
Union Jack Oil Acquires Stake in Laughton Oil Prospect, UK
January 27, 2016
Union Jack Oil has deepened its partnership with Egdon Resources in onshore UK by taking a stake in the Laughton prospect in the East Midlands. The two companies are already in partnership on five projects onshore in the UK including
Sound Energy Acquires 75% Stake in Sidi Moktar Gas Discovery, Onshore Morocco
January 27, 2016
Sound Energy has agreed terms to take a 75 percent stake in the Sidi Moktar onshore licenses in Morocco. The company has now agreed to buy the 50 percent operated interest owned by PetroMaroc after it acquired a 25 percent
ExxonMobil Releases 2016 Edition of ‘The Outlook for Energy’
January 27, 2016
Global energy demand will increase 25 percent between 2014 and 2040, driven by population growth and economic expansion, ExxonMobil said in the 2016 edition of The Outlook for Energy. At the same time, energy efficiency gains and increased use of
India to Build 1.2 Million Barrels Per Day Oil Refinery in Maharashtra
January 27, 2016
India’s state-run refiners including Indian Oil, Bharat Petroleum, Hindustan Petroleum and Engineers India are planning to jointly build 60 million tons a year or 1.2 million barrels per day (bpd) refinery in Maharashtra state. Bloomberg cited India Oil Minister Dharmendra
Andes Energia Increases Production at Chachahuen Oil Block, Argentina
January 27, 2016
Oil producer Andes Energia has lifted production at the Chachahuen block in Mendoza, Argentina, and continues to find positive leads there. Output has been increased by around 1,469 bpd (barrels per day), with 293 net to Andes after 26 new
Schlumberger Acquires Ophir Energy’s 40% Stake in Fortuna LNG Project, Offshore Guinea
January 26, 2016
Ophir Energy has off-loaded a 40 percent stake in its Fortuna liquefied natural gas (LNG) project off the coast of Equatorial Guinea. Ophir has agreed to hand the stake to engineering group Schlumberger, leaving it with a 40 percent interest
FMC Technologies Awarded $180 Million Subsea Systems Gas Contract from Woodside, Australia
January 26, 2016
FMC Technologies, Inc. has signed an agreement with Woodside for the design, manufacture and supply of subsea production systems for the Greater Western Flank Phase 2 (GWF-2) Project as part of the North West Shelf (NWS) Project in Western Australia.
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