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Oil & Gas

Brazil leads global offshore crude oil production from upcoming projects in 2025

Oil & Gas
A total of 29 crude oil projects are expected to start operations in the country during 2021-2025.

Yme field starts up again in the North Sea

Oil & Gas
The authorities have granted Repsol consent for a new start-up of the Yme field in the North Sea.

Lundin Energy announces first oil from the Rolvsnes field

Oil & Gas
The resource estimate for the Rolvsnes field is between 14 and 78 million barrels of oil equivalent (MMboe) gross.

Doosan Heavy to build four storage tanks for Dangjin LNG Terminal Phase 1 Project

Oil & Gas
South Korea’s largest LNG tank project to date, involving construction of four 270,000㎘ storage tanks

Increasing Vigdis field production due to new technology

Oil & Gas
A pump on the seabed gives the Vigdis oil field in the North Sea a boost that increases production by around 16 million barrels.

SBM Offshore signed LOI for FPSO Alexandre de Gusmão lease and operate contracts

Oil & Gas
The unit will be deployed at the Mero field in the Santos Basin offshore Brazil

Jadestone debuts as new upstream investor and operator in Malaysia

Oil & Gas
SapuraOMV and Jadestone had earlier entered into a conditional Sale and Purchase Agreement (SPA) on 30 April 2021.

Norwegian authorities grants consent for start-up of the Duva field

Oil & Gas
The operator Neptune Energy estimates the reserves at about 11 million standard cubic metres of oil equivalent

ExxonMobil announces oil discovery at Whiptail, offshore Guyana

Oil & Gas
ExxonMobil today said it made a discovery at Whiptail in the Stabroek Block offshore Guyana.

Shell invests in the Whale development in the Gulf of Mexico

Oil & Gas
Whale will be the second Shell-operated deep-water development in the Gulf of Mexico to employ a simplified, cost-efficient host design

Shell delivers first gas from Barracuda Project

Oil & Gas
Shell Trinidad and Tobago today announces that production has started on Block 5C in the East Coast Marine Area (ECMA) in Trinidad and Tobago.

Tracerco secures contract to provide oil inflow measurement using tracer technology

Oil & Gas
Tracerco’s oil and water inflow measurement solution will provide a continuous picture of well performance as part of the field development.
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