Archives November 2015

Nov
20
2015

Three firms, three people charged in 2012 gulf platform explosion

Three companies and three individuals face criminal charges stemming from a November 2012 offshore oil and gas platform explosion that killed three workers, injured several more people, and spilled crude oil into the Gulf of Mexico, the US Department of Justice and US Attorney’s Office for eastern Louisiana jointly reported. …read more Source: Oil Gas […]

Nov
19
2015

WoodMac: Vaca Muerta output to double by 2018

Production from the giant Vaca Muerta shale play in Argentina is expected to double by 2018, according to a new development study from research and consultancy firm Wood Mackenzie Ltd. …read more Source: Oil Gas Journal   

Nov
19
2015

ATP Oil & Gas to pay $41.85 million to settle federal charges

Houston independent ATP Oil & Gas Corp., which went bankrupt in 2012, agreed to pay $41.85 million in fines to settle federal charges that it discharged crude oil and chemicals from its floating production platform into the Gulf of Mexico, federal officials reported. …read more Source: Oil Gas Journal   

Nov
19
2015

Funding approved for Greater Mooses Tooth No. 1 in NPR-A

ConocoPhillips Alaska Inc. reported that the Greater Mooses Tooth No. 1 (GMT1) development in the National Petroleum Reserve-Alaska (NPR-A) has been approved for funding. …read more Source: Oil Gas Journal   

Nov
19
2015

PDO signs six compressor contracts worth $650 million

Petroleum Development Oman (PDO) said it signed six contracts worth $650 million for the supply, installation, and maintenance of 29 centrifugal compressors for 11 projects. …read more Source: Oil Gas Journal   

Nov
19
2015

ITF’s GCC to collaborate on hybrid EOR projects

The Industry Technology Facilitator (ITF) will work with its Gulf Cooperation Council (GCC) members on a joint industry project to advance enhanced oil recovery technology proposals for the Persian Gulf region. …read more Source: Oil Gas Journal   

Nov
19
2015

Husky sanctions heavy oil thermal project in Saskatchewan

Husky Energy Inc., Calgary, has sanctioned a 10,000-b/d heavy oil thermal project in Saskatchewan for startup in late 2018. …read more Source: Oil Gas Journal   

Nov
18
2015

Suncor’s oil sands output to slow in 2016

Suncor Energy Inc., Calgary, plans to spend $6.7-7.3 billion and production of 525,000-565,000 boe/d in 2016, with a slight decline in oil sands output. …read more Source: Oil Gas Journal   

Nov
17
2015

Emphasize market-driven climate approach, API urges administration

When Obama administration representatives arrive in Paris for upcoming global climate discussions, they should emphasize the successful market-driven approach that helped the US lead the world in reducing greenhouse gas emissions while increasing its oil and gas production, the American Petroleum Institute urged. …read more Source: Oil Gas Journal   

Nov
16
2015

NPD gives go-ahead for Edvard Grieg production start-up

The Norwegian Petroleum Directorate (NPD) has granted consent to start production from the Lundin Norway AS-operated Edvard Grieg field on Production License 338 in the North Sea. …read more Source: Oil Gas Journal   

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