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A service for energy industry professionals · Saturday, December 7, 2024 · 767,157,872 Articles · 3+ Million Readers
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  • Published on Dec 6, 2024

    Chinese duo exits as local firm pays $1.92 billion for stake in Brazil’s giant offshore field

    Brazilian oil and gas company PRIO, formerly known as PetroRio, has expanded its footprint off the coast of Brazil by acquiring non-operated interests of two Chinese players in a field offshore Rio de Janeiro, said to be Equinor’s largest operated field …

    Source: Offshore Energy - Neutral
  • Published on Dec 6, 2024

    Libyan Oil Production Hits an 11-Year High

    Politics, Geopolitics & Conflict Libyan oil production has hit an 11-year high at 1.422 million bpd, recovering (at least for now) from the Central Bank control battle that saw oil once again taken hostage, with production cut in half earlier this year …

    Source: Oil Price - Neutral
  • Published on Dec 3, 2024

    UK subsea player gets new job at Brazil’s deepwater oil field

    UK-headquartered CRP Subsea, part of AIS, has been hired to supply its distributed buoyancy modules (DBMs) to a deepwater oil field project in the pre-salt Santos Basin, off the coast of Brazil. Illustration; Source: CRP Subsea CRP Subsea did not reveal …

    Source: Offshore Energy - Neutral
  • Published on Dec 4, 2024

    Energean Boosts Production, Advances Israel Development

    Energean plc has reported production of 156,000 barrels of oil equivalent per day (boepd), a 31 percent increase year over year, for the nine-month period ended September 30. Production from continuing operations for the period was 117,000 boepd, a 40 …

    Source: Rigzone - Neutral
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