Italian energy giant Eni has started production from the second phase of Baleine field's development offshore Côte d'Ivoire, which will increase its output to 60,000 barrels of oil per day and 70 million cubic feet of associated gas.Phase 2 will see the Floating Production鈥
The Sanha Lean Gas Connection, led by Chevron鈥檚 Angolan subsidiary Cabinda Gulf Oil Company, has achieved first gas production as part of the project that will supply gas from Block 0鈥檚 Sanha field to Soyo power plants and the Angola LNG plant鈥
China's state-owned oil and gas firm China National 云顶赌场老虎机 Oil Corporation (CNOOC) has started production at Suizhong 36-2 oilfield 36-2 block development project in Bohai Sea.The main production facility is a new unmanned wellhead platform鈥
Norway's combined oil and gas production declined in November from the same month a year earlier but was still 2.6% higher than an official forecast, the Norwegian 云顶赌场老虎机 Directorate (NOD) said on Friday.Norway is Europe's largest supplier of natural gas and a major producer of oil鈥
BlueNord, the partner in the Tyra II project along with TotalEnergies and Nordsøfonden, has informed that the full ramp-up of the Denmark鈥檚 largest offshore gas development has been pushed for three weeks, with the plateu production now expected in the second half of January 2025鈥
Idle time for a drilling rig costs about $250,000 an hour. AI is being embraced across the industry to ensure it doesn鈥檛 happen.A while back, an energy major had an unfathomable, intermittent problem with its drilling operations. It was beginning to cost big money鈥
Oil edged up on Wednesday after a drop in U.S. crude inventories, and as investors eyed a potential interest rate cut by the U.S. Federal Reserve while weighing its projections for 2025.Brent futures were up 62 cents, or 0.85%, to $73.81 a barrel at 10:40 a鈥
Oilfield services company TechnipFMC has secured a contract with Shell鈥檚 subsidiary, Shell Nigeria Exploration and Production Company Limited (SNEPCo) to supply its Subsea 2.0 production systems for the Bonga North development offshore Nigeria鈥
U.S.-based oilfield services provider Expro has signed a technology agreement with Petrobras for the development of a new non-intrusive flowmeter for the optimization of production from oil and gas wells.The technology will provide flow rates and identify flow patterns鈥
Oil futures slipped from the highest levels in several weeks on Monday on weakness in consumer spending in China, which is the world's largest oil importer, and as investors paused buying ahead of the U.S. Federal Reserve's interest rate decision鈥
Shell said on Thursday its unit has made a final investment decision to add two wells at the Perdido platform in the U.S. Gulf of Mexico to boost production.The Shell unit, which operates the Perdido platform, said the two wells are expected to produce up to 6鈥
Global energy technology company SLB, through its OneSubsea joint venture, has secured a contract with Petrobras for the delivery of two subsea raw seawater injection (RWI) systems to increase production at the Búzios field, offshore Brazil鈥
Exxon Mobil said on Wednesday its annual project spending will rise to between $28 billion and $33 billion between 2026 and 2030, with a goal of lifting oil and gas output by 18%.The top U.S. oil producer laid out a five-year plan to expand鈥
U.S. net crude oil imports are forecast to fall by 20% next year to 1.9 million barrels per day, their lowest since 1971, the Energy Information Administration said on Tuesday, pointing to higher U.S. production and lower refinery demand.The EIA expects the United States to produce 13鈥
Equinor and its partners Vår Energi and Petoro have postponed the start-up of Johan Castberg field, located in the Norwegian part of the Barents Sea, to January or February 2025 from the initial plan to bring the field on stream by the end of 2024鈥
