Latest News for: Oilfield development

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Olabode Makanjuola Making His Marks in Aviation and Shipping

This Day 03 Dec 2023
Nigeria .. He is a business revolutionaire in his own right ... Between 2002 and 2006, he was LPG Trader/Business Development with Le Global Oilfield Services ... And with the emphasis on local content development, the sky was indeed the starting point for Caverton ... And then that was the advent of local content development.” ... We would end up going to the UAE.
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China's largest offshore crude oil base posts record-high daily output

Xinhua 30 Nov 2023
... been developed, making Bohai Oilfield the main oilfield with the highest output, the largest scale and the best economic benefits in Chinese waters.
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Occidental Petroleum in talks to buy CrownRock for more than $10 billion: report

Market Watch 30 Nov 2023
Midland, Texas-based CrownRock is a major developer of Permian Basin oilfields, and it one of the last remaining big private companies in the region, ...
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Saipem lands two offshore contracts worth $1.9bn

Splash24/7 29 Nov 2023
The first contract has been awarded by ExxonMobil’s subsidiary in Guyana for the proposed Whiptail oilfield development located in the Stabroek block ... The Raia project is one of the most important gas developments in Brazil, which could represent 15% of the total domestic demand.
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Italy's Saipem wins contracts in Brazil and Guyana worth $1.9 billion

Reuters 29 Nov 2023
The project is one of Brazil's most important gas development initiatives and could ... In Guyana, it was awarded a contract by Exxon Mobil's (XOM.N) subsidiary ExxonMobil Guyana Limited for the proposed Whiptail oilfield development located in the offshore Stabroek block.
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Italian services giant lands two key offshore contracts valued at $1.9 billion

Upstream Online 29 Nov 2023
The first contract from ExxonMobil was for the proposed Whiptail oilfield development located in the Stabroek block offshore ...
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Black Sea storm disrupts Russian and Kazakh oil exports

Reuters 28 Nov 2023
Kazakhstan's largest oilfields - Tengiz, Kashagan and Karachaganak - are cutting combined daily oil output by 56% from Nov ... Kazakhstan's biggest oilfields are developed mostly by Western oil majors such as ExxonMobil (XOM.N), Shell (SHEL.L), Eni (ENI.MI) and TotalEnergies (TTEF.PA) ... Our Standards. The Thomson Reuters Trust Principles ... ....
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PPL begins oil and gas production from new well in Punjab

The News International 24 Nov 2023
The company, which operates the Adhi Mining Lease with joint venture partners Oil & Gas Development Company Ltd (OGDCL) and Pakistan Oilfield Ltd (POL), said the Adhi South-6 well was drilled to a depth of 3,490 meters and ...
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UK operator seeks farm-in partners to advance oilfield developments to FID

Upstream Online 22 Nov 2023
Meanwhile, pre-FID work continues across its greenfield and brownfield development portfolio including ... Also in the third quarter, Equinor and partner Ithaca in the third quarter took FID for the phase one development of the Rosebank field, the UK’s largest unexploited discovery.
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Oil and gas operator seeks partners to advance oilfield developments to final investment decision

Upstream Online 22 Nov 2023
Meanwhile, pre-final investment decision work continues across its greenfield and brownfield development portfolio ... Also in the third quarter, Equinor and partner Ithaca in the third quarter took a final investment decision for the phase one development of the Rosebank field, the UK’s largest unexploited discovery.
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Seismic contractor to reshape Brazilian field developments

Upstream Online 22 Nov 2023
UK operator seeks farm-in partners to advance oilfield developments to FID Controversial LNG project won't start commercial operations until late 2024 International contracting giant lands 'mega' award from Middle East player OceanMight selected for Petronas’ Kasawari CCS project.
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International contracting giant lands 'mega' award from Middle East player

Upstream Online 22 Nov 2023
... & Toubro has landed a “mega” offshore contract from a leading Middle East player for the further development of a giant offshore oilfield.
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Asia's first deepwater jacket finishes main structure

China Daily 21 Nov 2023
Used to support the huge body and tonnage of an offshore platform, it is the most widely used in offshore oil and gas development equipment globally ... The platform will be used for the secondary development of the Liuhua 11-1 and Liuhua 4-1 oilfield.
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The Rise And Rise And Reinvention of Aiteo Group CEO, Benedict Peters

This Day 20 Nov 2023
Life & Style . ... Today, Aiteo is a full-spectrum, integrated energy company with services that span bulk petroleum products storage, marketing and distribution of refined petroleum products, oilfield services, electricity generation and distribution, LPG bulk storage and a fast-developing retail distribution network ... .

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