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Report: Global oil and gas production to increase by 3.7% by 2020

2016-09-09 01:00:00| Offshore Technology

Global upstream oil and gas production is expected to reach 57,660 million metric barrels of oil equivalent (Mmboe) by 2020, growing at an average rate of 3.7%, according to a report by GlobalData.

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Report: Russia to have maximum oil and gas production projects in Former Soviet Union region by 2025

2016-09-09 01:00:00| Hydrocarbons Technology

The former Soviet Union (FSU) region is expected to have 24 key oil and gas projects in production by 2025, most of them in Russia, according to a report from GlobalData.

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Oil prices drop further as Saudi slashes production freeze hopes

2016-08-26 01:00:00| Offshore Technology

Oil prices have fallen further and likely to see the largest weekly drop in a month after Saudi Arabia dashed expectations of oil producing countries agreeing to a freeze in production.

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Armour Energy restarts oil production from Emu Apple oil field in Queensland

2016-08-22 01:00:00| Hydrocarbons Technology

Armour Energy has restarted oil production from the Emu Apple oil field located in the Roma shelf in Queensland, Australia.

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Tullow Oil starts production from TEN fields offshore Ghana

2016-08-19 01:00:00| Offshore Technology

Tullow Oil has started oil production from the Tweneboa, Enyenra, Ntomme (TEN) fields, located offshore Ghana.

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