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Eni Enters Myanmar: Production Sharing Contracts Signed For The Exploration Of Two Onshore Blocks

SOURCE: Eni | 31 July 2014

Eni, following its participation in the competitive International Bid Round launched by the Republic of the Union of Myanmar, signed in Nay Pyi Taw in presence of the Country’s Energy Ministry, two Production Sharing Contracts (PSC) for RSF-5 and PSC-K onshore blocks.

Deliveries Begin To Oil Reservoirs At The Badra Oil Field In Iraq

SOURCE: Gazprom | 28 July 2014

Gazprom Neft, the operator of the Badra oil field in Iraq, announces that deliveries of crude oil have started from the field to reservoirs of the Central Gathering Point (CGP).

CB&I And Clariant's Polypropylene Catalyst Partnership Off To A Successful Start

SOURCE: CB&I | 22 July 2014

CB&I (NYSE:CBI) and Clariant announced today its new Ziegler-Natta (ZN) polypropylene catalyst production plant in Louisville, Kentucky, is on schedule to begin production in 2015.

First Oil From Dua Oil Project In Vietnam

SOURCE: Santos | 11 July 2014

Santos today announced that oil production has commenced from the Dua oil project, offshore Vietnam.

Eni: Achieved The 25 Thousand Barrels Per Day Production Milestone At Nikaitchuq Oil Field In Alaska

SOURCE: Eni | 19 June 2014

Eni has achieved the important production goal of 25,000 barrels of oil per day at the Nikaitchuq field, in which the company is operator with a 100% interest. The field, located offshore the North Slope of Alaska in a water depth of 3 meters, holds reserves estimated at 200 million barrels of crude oil. Nikaitchuq production, which began in January 2011, is the first operated by Eni in the Arctic

The CLOV Deepwater Development Comes On Stream In Angola

SOURCE: Statoil | 13 June 2014

The large CLOV field in Block 17 offshore Angola came on stream on June 12 in line with the initial project schedule.

ExxonMobil Oil Production To Increase From On-Time Startup Of CLOV Project

SOURCE: ExxonMobil | 12 June 2014

Exxon Mobil Corporation (NYSE:XOM) today announced the CLOV project in Angola started up on schedule and is expected to reach daily production capacity of 160,000 barrels in the coming months.

Gazprom Neft Begins Production In Iraq

SOURCE: Gazprom Neft | 03 June 2014

On 31 May, Gazprom Neft began production at the Badra oilfield in Iraq. The central gathering station (CGS) is currently undergoing complex testing of its crude oil processing system. Testing will be completed in three months once enough oil has been accumulated for commercial production to begin. The Badra field will then be ready to reach planned production levels of 15 thousand barrels per day.

Rio Tinto Announces Landmark Pilbara Iron Ore Operational Performance Ahead Of Schedule

SOURCE: Rio Tinto | 13 May 2014

Rio Tinto today announced a major milestone for Australia’s largest integrated mining project, with its Pilbara iron ore system of mines, rail and ports reaching a run rate of 290 million tonnes a year (Mt/a), two months ahead of schedule.

First Oil From New Well In Lula Field

SOURCE: Petrobras News Agency | 10 May 2014

Today at 2:26 pm Petrobras commenced production from well 7-LL-22D-RJS in the Santos Basin’s Presalt Lula field (Lula NE Pilot area). This well, with a production potential of 26 thousand barrels per day (bpd), is connected to FPSO Cidade de Paraty via a new platform-connection system deployed for the first time in the Lula field.