Monday, July 15, 2013
olympus tensioned leg platform shell

Shell’s Olympus Tensioned Leg Platform Leaves Kiewit [IMAGES]

This past weekend, Shell’s Olympus tension leg platform (TLP) left Kiewit shipyard in Ingleside, Texas,  and is now making its way to its future home in the Gulf of Mexico,...

July 15, 2013
Total Views: 38

Tuesday, January 29, 2013
opec headquarters vienna

Tanker Glut Worsening as OPEC Makes Huge Cut in Oil Production

(Bloomberg) — OPEC’s deepest output cut since the global recession in 2008 is creating the biggest surplus of oil tankers in the Persian Gulf in at least three years and...

January 29, 2013
Total Views: 0

Tuesday, October 30, 2012
shutterstock refinery refineries petrochemical plant

Oil Reserves Build as US East Coast Refineries Halt Production

(Bloomberg) — Oil fell for a second day in New York and headed for the biggest monthly decline since May after refiners reduced operations on the U.S. East Coast because...

October 30, 2012
Total Views: 7

Thursday, October 4, 2012
bp thunderhorse

Drilling in the Gulf of Mexico is Rebounding, Operators Put the Hammer Down

HOUSTON–The U.S. Gulf of Mexico is on track to surpass by 2019 the peak production levels last seen before the 2010 Deepwater Horizon disaster, analysts at energy consulting firm Wood...

October 4, 2012
Total Views: 5

Thursday, August 30, 2012
maersk oil

Maersk Oil CEO: “We Have to Get More Out of Our Existing Assets”

Maersk Oil, the oil and gas-producing arm of Danish industrial conglomerate A.P. Moller-Maersk A/S (MAERSK-B.KO), is well on track to surpass its daily output target of 400,000 barrels of oil equivalent a...

August 30, 2012
Total Views: 4

Tuesday, July 10, 2012
Kizomba A FPSO

ExxonMobil Starts Production at Kizomba, Offshore Angola

IRVING, Texas- Exxon Mobil Corporation (NYSE:XOM) announced today that its subsidiary, Esso Exploration Angola (Block 15) Limited (Esso Angola), has started production from the Kizomba Satellites Phase 1 project offshore Angola. The...

July 10, 2012
Total Views: 89

Saturday, June 16, 2012
Ras Tanura Sea Island Terminal saudi aramco

Producing Oil Like it’s Going Out of Style | Saudi Aramco Delivers over 10 Million Barrels/Day

PORT ARTHUR, Texas (Dow Jones)–Global oil supply is exceeding demand by 1.5 million barrels a day, the chief executive of state-owned oil giant Saudi Aramco Mobil Refinery Co. said Thursday. The...

June 16, 2012
Total Views: 26

Tuesday, June 12, 2012

OPEC Oil Production at Highest Levels Since 2008

(Dow Jones) OPEC Tuesday disclosed that its members continue to pump oil at levels not seen since 2008 as the most recent production figures show the group’s output rising to...

June 12, 2012
Total Views: 1

Friday, June 1, 2012
opec headquarters vienna

Despite Falling Oil Prices, Production Rates Remain High – OPEC

LONDON (Dow Jones)–OPEC producers, including from the Gulf, said Friday they saw no immediate need to cut production despite oil prices dropping below $100 a barrel–the price the organization sees...

June 1, 2012
Total Views: 7

Thursday, May 31, 2012
houston refineries robert almeida

Giant Motiva Refinery Starts Up, Saudi Aramco Announces Increased Production

PORT ARTHUR, Texas (Dow Jones)–Saudi Arabia is currently producing crude at a rate exceeding 10 million barrels of oil a day, the chief executive of state owned oil giant Saudi Aramco said...

May 31, 2012
Total Views: 9

Monday, May 7, 2012
Helix Producer production deck abstract

The First Ship-Shaped Production Unit in the Gulf of Mexico – Helix ESG’s “Producer I” [IMAGES]

Following a few busy days at the Offshore Technology Conference in Houston last week, Helix Energy Solutions group invited me on a tour of the Helix Producer I, the first...

May 7, 2012
Total Views: 89

Wednesday, March 28, 2012

Russia’s Sakhalin III to Produce 4.2 Billion Cubic Meters of Gas Per Year

MOSCOW (Dow Jones)–Russian state gas firm OAO Gazprom (GAZP.RS) will begin production at its massive Sakhalin-3 offshore gas project in the Far East in the second half of the year and reach...

March 28, 2012
Total Views: 1

Sunday, July 17, 2011
petrobras brazil

Brazil Petrobras June Total Gas, Oil Output At 2.641 Million BOE/Day

RIO DE JANEIRO -(Dow Jones)- Brazilian state-run energy giant Petroleo Brasileiro (PBR, PETR4.BR), or Petrobras, said late Friday that total crude oil and natural gas production rose in June as...

July 17, 2011
Total Views: 1

Thursday, July 14, 2011
sembcorp marine

Sembcorp Marine: Unit Secures Contract Worth Close To S$600M

  SINGAPORE (Dow Jones)–Sembcorp Marine Ltd. (S51.SG) said Thursday its unit, SMOE Pte. Ltd., has secured a contract close to S$600 million to construct an offshore production platform that will be installed...

July 14, 2011
Total Views: 3

Valhall platform Kjetil Alsvik BP HESS production platform
Fire Incidents

UPDATE: BP’s Valhall Platform Still Shut Down Following Fire

Image by Kjetil Alsvik –Average production of 60,000 barrels equivalent a day to be lost as result of shutdown –Accident to be investigated by Norwegian authorities, BP –Any possible connection with...

July 14, 2011
Total Views: 7