Oil Production
opec
International

OPEC+ Surprises With Oversized Output Hike

OPEC+ will ramp up oil production more aggressively than anticipated in August, accelerating the rollback of its 2023 voluntary supply…
FPSO sets its sails toward North Sea project with oil production extension to 2045 in mind
International

FPSO sets its sails toward North Sea project with oil production extension to 2045 in mind

Norwegian oil and gas player Vår Energi has confirmed the tow-out of a floating production, storage, and offloading (FPSO) vessel…
Shell PLC
International

Shell Starts Oil Production at GKGJE Phase 4 Offshore Borneo

Shell PLC and its partners have begun producing petroleum in the Gumusut-Kakap-Geronggong-Jagus East (GKGJE) Phase 4 deepwater project on the…
onshore-oilandgas
International

Fire Shuts In 300,000 Bpd of Oil Production at Iraq’s Giant Oilfield

Rumaila, the biggest oilfield in Iraq capable of pumping about 1.5 million barrels per day (bpd), has seen its oil…

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