Industry News
Industry News
Esso, Mitsui and Woodside to invest nearly $200 million into the Gippsland Basin
Esso Australia announced a nearly $200 million dollar investment in the Kipper 1B Project, which will bring online much-needed additional gas supply from the Gippsland
FPSO Almirante Tamandaré begins production
The Petrobras FPSO Almirante Tamandaré (Búzios 7) has started production in the Búzios field, located in the pre-salt layer of the Santos Basin. This is
Maurel & Prom acquires working interest in Colombia’s Sinu-9
Maurel & Prom has entered into a definitive agreement with NG Energy to acquire a 40% operating working interest in the Sinu-9 gas license in
CNOOC brings Bozhong 26-6 oilfield onstream
CNOOC Limited’s Bozhong 26-6 Oilfield Development Project (Phase I) has commenced production. The project is located in central Bohai Bay, with an average water depth
Ecopetrol, OXY extend development plan in Permian Basin
Ecopetrol and Occidental Petroleum Corp will extend the development plan of Rodeo Midland Basin, located in the Texas Permian Basin, under the joint-venture established in
CsTeC’s self-developed innovative “SuperGuard” series tubing and casing stand protector made great success on the first trial
On January 26, 2025, the first trial of the innovative “SuperGuard” series of oil tubing and casing quick stand protector products independently developed by CsTeC
Chevron achieves first oil at Future Growth Project in Kazakhstan
Chevron’s 50%-owned affiliate Tengizchevroil has started oil production at its Future Growth Project (FGP), located at the Tengiz oil field in Kazakhstan. The Tengiz oil
ExxonMobil’s Nefertari well in North Marakia area shows results
The Ministry of Petroleum and Mineral Resources completed drilling work on the Nefertari well for ExxonMobil in the North Marakia area at a water depth