Tag Archives: oil production

BP’s digital technologies set to revolutionize oil production at Argos platform in Gulf of Mexico

(IN BRIEF) BP has announced the start of oil production at the Argos offshore platform, its fifth platform in the Gulf of Mexico and the first new bp-operated production facility in the region since 2008. The platform is the centerpiece … Read the full press release

Equinor: Oseberg to become one of the main Norwegian gas producers

(PRESS RELEASE) STAVANGER, 26-Nov-2021 — /EuropaWire/ — Equinor ASA (OSE:EQNR, NYSE:EQNR), an oil, gas, wind and solar energy company active in more than 30 markets globally, has announced an investment of NOK 10 billion (~EUR 1 billion) for the further … Read the full press release

BP / Shell: Alligin field starts oil production, performs better than initially expected

Alligin field starts oil production, performs better than initially expected

(PRESS RELEASE) LONDON, 4-Feb-2020 — /EuropaWire/ — Oil and gas giants BP, as an operator, and Shell, partner of BP with 50 percent, have announced early oil production from the Alligin field in the west of Shetland region, offshore United … Read the full press release

BP, partners invest in deepwater Block 15 offshore Angola; Sonangol joins as a new partner

BP, partners invest in deepwater Block 15 offshore Angola; Sonangol joins as a new partner

(PRESS RELEASE) LUANDA / LONDON, 7-Jun-2019 — /EuropaWire/ — BP and partners have agreed to invest further in deepwater Block 15, offshore Angola. The current investment is part of an agreement with Angola’s National Agency for Petroleum, Gas and Biofuels … Read the full press release

First oil production from the giant Clair Ridge project in the West of Shetland region offshore UK

Major UK North Sea development is sixth new upstream project to come on stream for BP in 2018. Targeting 640 million barrels of oil reserves; peak production of 120,000 barrels of oil a day. First offshore deployment of BP’s ground-breaking … Read the full press release

Schuster Manfred Hubert agrees with future oil predictions

Oil and Energy BEIJING, China, 01-Mar-2018 — /EuropaWire/ — Crude oil prices will average $60/b in 2018 and $61/b in 2019. That’s an increase from last month’s Short-Term Energy Outlook by the U.S. Energy Information Administration. In January 2018, oil prices briefly hit $70/b. In … Read the full press release

Eni sets new record production from Nooros field in Egypt just 13 months after the discovery

Eni reached a production of 128,000 boed (67,000 net to Eni) from Nooros field in the Nile Delta offshore. This important milestone was achieved just 13 months after the discovery and ahead of schedule. San Donato Milanese (Milan), 13-Sep-2016 — … Read the full press release

Total starts oil production from the Eldfisk II project on the PL 018 license of the Norwegian North Sea

Paris, 07-1-2015 — /EuropaWire/ — Total announces the start-up of oil production from the Eldfisk II project on the PL 018 license of the Norwegian North Sea, in line with the initial schedule approved in 2011. The project will further increase … Read the full press release