Latest News for: Oilfield development


Building of major Bohai oil rig steps up

China Daily 29 Sep 2022
Floating installation of the central processing platform for the Kenli 6-1 oilfield was completed on Tuesday, further boosting oil and gas production in the Bohai Oilfield, according to its operator China National Offshore Oil Corp ... Bohai Oilfield started its development in 1965.

ElectraTherm and Transitional Energy Sign Letter of Intent to Develop Geothermal Resources

Longview News-Journal 28 Sep 2022
28, 2022 /PRNewswire/ -- Transitional Energy, a geothermal technology and development company, and Georgia-based ElectraTherm, Inc ... This announcement builds upon the successful pilot operation of Transitional Energy's Sedna Sled Geothermal System earlier this year at an oilfield located in rural Nevada.

Want to be Part of Solutions to Key African Energy Challenges?

Business Ghana 28 Sep 2022
Do you want to network with oilfield service providers, under one roof, at a dedicated event committed to driving socioeconomic developments and making energy poverty history across the African continent by 2030? ... REGISTER NOW ... --Advertisements--. .

Niger’s ambassador to China: China helps Niger embark on fast lane of development

People Daily 26 Sep 2022
The General Seyni Kountché Bridge, the Niger Third Bridge project , the Kandadji hydroelectric dam project…As multiple projects contributing to Niger’s economic development have been under way, China-Niger practical cooperation has yielded fruitful outcomes and served as bridges of friendship between our two peoples.

Standard Bank defends benefits of Tanzania-Uganda natural gas pipeline

Business Day 25 Sep 2022
“One of the biggest issues in Uganda is that you know, 70% of cooking is still done by charcoal and firewood, so they’re cutting trees down,” Mweheire said in an interview on Friday.  ... The EACOP, being developed by a group including TotalEnergies, will transport crude from Uganda’s oilfields to Tanzania’s coastline.  ... Bloomberg News.

Lukoil to start Caspian development drilling

Upstream Online 23 Sep 2022
Russia’s Lukoil has reaffirmed its plan to start development drilling at the Grayfera oilfield in Russia’s Caspian Sea waters before the end of this year, despite the pressure of international ...

Uganda oil: One’s man’s poison is another man’s meat

Upstream Online 23 Sep 2022
... resolution demanding a halt to work on a $20 billion project that aims to develop two oilfields in Uganda and send the oil along the East Africa Crude Oil Pipeline (EACOP) to Tanzania’s coast.

Column: Recession will be necessary to rebalance the oil market

Reuters 22 Sep 2022
In common with inventories of crude and products, and new oilfields with rapid development times, under-utilised oil wells and refineries act as shock absorbers in the global petroleum system.Register now for FREE unlimited access to Register ... U.S ... (Chartbook. https.// U.S ... 20) ... Related columns.. - U.S ... 4) read more ... Register.

Australian firm seeking to revive Cadlao oilfield in 2023

Manila Standard 21 Sep 2022
Sacgasco of Australia, operating as Nido Petroleum in the Philippines, said Wednesday it plans to deploy a drilling rig to conduct an extended well test on the prospects of reviving the Cadlao oilfield by early 2023. “We see massive opportunities to develop oil and gas in the Philippines territory.

EQT Announces Pricing of $1.0 Billion of New Senior Notes

The Facts 21 Sep 2022
These risks and uncertainties include, but are not limited to, volatility of commodity prices; the costs and results of drilling and operations; uncertainties about estimates of reserves, identification of drilling locations and the ability to add proved reserves in the future; ...

Oilfield Crown Block Market Size worth USD 2.46 Mn by 2026, Declining cost of raw ...

Victoria Advocate 20 Sep 2022
Grab your Free Sample Report of Oilfield Crown Block Market Right Away! ... Ltd.Bharat Heavy Electricals Ltd.BomcobrasBOTTA Group Ltd.HMHJereh Global Development LLCKingwell Oilfield Machinery Co ... Ltd., Bharat Heavy Electricals Ltd., Bomcobras, BOTTA Group Ltd., HMH, Jereh Global Development LLC, Kingwell Oilfield Machinery Co.

Adnoc expansion: Abu Dhabi National Oil Company set to shorten oil ramp-up curve to 2025

Upstream Online 20 Sep 2022
Multiple people familiar with the development told Upstream that the state-owned giant is fast-tracking several oilfield development projects, primarily led by some of the largest offshore fields in Abu Dhabi ... Production cuts ... .

Iraqi Oil Minister Pushes Development Of Eridu Oil Field

MENA FN 20 Sep 2022
(MENAFN - Iraq Business News) By John Lee. Iraq's Minister of Oil, Ihsan Abdul Jabbar Ismail, has stressed the importance of developing the Eridu (Arido) oilfield in Block 10 , which is in the ... .

Iran to soon import Russian gas daily: Ministry

Suryaa 20 Sep 2022
The Ministry's news service Shana has reported that the development of Iran's Kish and North Pars gas fields, as well as six oilfields, boosting pressure in the South Pars Gas Field, completion of LNG projects, ...

Iranian oil ministry to soon import 9 mn-cubic meter Russian gas daily

The Siasat Daily 20 Sep 2022
The Ministry’s news service Shana has reported that the development of Iran’s Kish and North Pars gas fields, as well as six oilfields, boosting pressure in the South Pars Gas Field, completion of LNG projects, swap of gas and petroleum products and construction of ...

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