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Oil Field News

Production Starts at Canada's Hebron Oil Field

Production Starts at Canada's Hebron Oil FieldExxonMobil has announced that the Hebron offshore project in Canada has started production ahead of schedule. At its peak, the project will produce up to 150,000 barrels of oil per day.29 November 2017 Wednesday 15:53

U.K. North Sea Oil Field Startups Surge to 10-Year High

U.K. North Sea Oil Field Startups Surge to 10-Year HighThe U.K. North Sea is on track for the biggest year of oil and gas field startups in a decade, continuing the aging province’s surprising resilience to the crude-market slump.06 September 2017 Wednesday 15:3

Total Takes Over Stake in Qatar Oil Field

Total Takes Over Stake in Qatar Oil FieldTotal and Qatar Petroleum have entered into an agreement to develop Qatar's offshore Al-Shaheen oil field for the next 25 years.12 July 2017 Wednesday 16:01

ExxonMobil joins in consortium for developing Greek offshore oil fields

ExxonMobil joins in consortium for developing Greek offshore oil fieldsThe US giant ExxonMobil strengthens its presence in the Mediterranean.17 May 2017 Wednesday 16:22

Brazil Opens Offshore Oil Fields to Companies Other Than Petrobras

Brazil Opens Offshore Oil Fields to Companies Other Than PetrobrasBrazil’s Congress voted on Wednesday night to open up its pre-salt oil fields to foreign investors by scrapping Petroleo Brasileiro SA’s obligation to be the area’s sole operator.07 October 2016 Friday 14:47

Total strips Maersk Oil of its rights to Qatar’s largest oil field

Total strips Maersk Oil of its rights to Qatar’s largest oil fieldMaersk Oil is beating a retreat from Qatar. The Danish firm has lost out in a bid to extend its rights in the Al Shaheen oil field, its 25-year contract there expiring in one year’s time.28 June 2016 Tuesday 13:18

Goliat Oil Field Officially Opened in Barents Sea

Goliat Oil Field Officially Opened in Barents SeaItalian oil company Eni Norge this week officially inaugurated its Goliat oil field in Norway, marking the first oil field to come on stream in the Barents Sea.20 April 2016 Wednesday 15:49

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