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Oil production commences at Lucius field in Gulf of Mexico

2015-01-21 01:00:00| Offshore Technology

Oil production has commenced at the Lucius field, located in the Keathley Canyon block in the Gulf of Mexico.

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Clean Harbors to carve out oil and gas field services business into separate entity

2015-01-20 14:55:54| Waste Management - Topix.net

The provider of environmental, energy and industrial services said it will include its lodging drill camps business in the new entity, but retain most of the rest of that business. The assets that will be carved out generated about $250 million in revenue in the first nine months of 2014.

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First oil produced at Byla field in the North Sea, offshore Norway

2015-01-20 01:00:00| Offshore Technology

Oil production has commenced at the Byla field, located on PL340 in the Norwegian sector of the North Sea.

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Production to restart at Huntington oil field in UK North Sea

2014-12-22 01:00:00| Offshore Technology

Norwegian Energy Company (Noreco) said that a temporary approval has been granted to restart production at the Huntington oil field, located in Block 22/14b of the UK central North Sea area.

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Special Report - Depleted oil field is window into China's corruption crackdown

2014-12-19 02:45:30| Oil & Gas - Topix.net

In a muddy clearing in southern Sumatra, a portable diesel power plant hammers away alongside a wellhead, struggling to extract crude from a depleted reservoir that lies below farmland and rubber plantations. A subsidiary of China National Petroleum Corporation , PetroChina Daqing Oilfield, paid $85 million to pump from three blocks in the ageing Limau field under a 2013 contract with Indonesia's state-owned oil company, Pertamina, according to senior Chinese oil industry officials with knowledge of the transaction.

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