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Oil & Gas

Wintershall gets NPD nod for production start-up at Maria oil project Wintershall and its partners Petoro and Centrica have received a consent from the Norwegian Petroleum Directorate (NPD) for the start-up of production of the NOK12bn ($1.46bn) Maria oil project in the Norwegian Sea. Oil & Gas > Drilling & Production > News

Latest Oil & Gas News by Sector

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Drilling and Production

PentaNova to raise stake in Llancanelo heavy oil field in Argentina
By EBR Staff Writer
Canada-based PentaNova Energy has agreed to buy an additional stake of 11% in the Llancanelo heavy oil field in Argentina from the country’s national oil company YPF.
Oil & Gas > Drilling & Production > News
Ecopetrol to invest $3.5-4bn to boost oil production
By EBR Staff Writer
Colombian state-owned oil major Ecopetrol has revealed its plans to invest $3.5-4bn in 2018, aimed at boosting its reserves and hydrocarbon production.
Oil & Gas > Drilling & Production > News

Exploration & Development

KBR joint venture wins FEED contract for Absheron gas field in Azerbaijan
By EBR Staff Writer
KBR and State Oil Company of Azerbaijan (SOCAR) joint venture, SOCAR-KBR Limited Liability Company (SKLLC), has received a contract from undisclosed customer to build the topsides for first development phase of the Absheron gas and condensate field offshore Azerbaijan.
Oil & Gas > Exploration & Development > News
Alfa Laval secures SEK60m order in North Sea
Alfa Laval has won an order to supply Framo pumping systems to an oil platform in the North Sea. The order has a value of approximately SEK 60 million. It is booked in the Pumping Systems unit of the Marine Division, with deliveries scheduled for 2018.
Oil & Gas > Drilling & Production > News

Refining & Petrochemicals

Sasol to abandon $15bn gas-to-liquids project in US
By EBR Staff Writer
South African firm Sasol has announced its plan to abandon its gas-to-liquids (GTL) greenfields projects including a $13bn-$15bn GTL facility in Louisiana, US, as part of its refined corporate strategy.
Oil & Gas > Refining & Petrochemicals > News
Alfa Laval secures SEK60m order in North Sea
Alfa Laval has won an order to supply Framo pumping systems to an oil platform in the North Sea. The order has a value of approximately SEK 60 million. It is booked in the Pumping Systems unit of the Marine Division, with deliveries scheduled for 2018.
Oil & Gas > Drilling & Production > News

Transportation & Storage

Suncor sells $395m worth stake in East Tank Farm
By EBR Staff Writer
Canada-based Suncor Energy has divested a stake of 49% in its East Tank Farm Development, an oilsands storage terminal in Alberta province to Fort McKay First Nation (FMFN) and Mikisew Cree First Nation (MCFN) for a sum of C$503m ($395.3m).
Oil & Gas > Transportation & Storage > News
Alfa Laval secures SEK60m order in North Sea
Alfa Laval has won an order to supply Framo pumping systems to an oil platform in the North Sea. The order has a value of approximately SEK 60 million. It is booked in the Pumping Systems unit of the Marine Division, with deliveries scheduled for 2018.
Oil & Gas > Drilling & Production > News