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News Ticker
  • [ 17 February 2021 ] ABB Marine & Ports expands in Turkey and Saudi Arabia Maritime/Offshore
  • [ 17 February 2021 ] Carbon Neutral Energy appoints marine and shipping stalwart as its first Non-Executive Director Names
  • [ 17 February 2021 ] AGR inks framework agreement with Gassnova SF Contracts
  • [ 17 February 2021 ] Aker Solutions Wins FEED Contract for Empire Wind Project Contracts
  • [ 17 February 2021 ] Peab to partner with the European Green Capital 2021 Projects
HomeOil/GasProduction

Production

NCS production January 2021
Oil/Gas

NPD releases January 2021 production figures

17 February 2021 Editor 0

The Norwegian Petroleum Directorate (NPD) reports that preliminary production figures for January 2021 show an average daily production of 2,137,000 barrels of oil, NGL and condensate. Total gas sales were 10.4 billion Sm3 (GSm3), which […]

Potential candidate project locations for subsea boosting from 2011 to 2030 (source: Rystad Energy Subsea Processing Screening Tool dashboard)
Oil/Gas

Untapped opportunity: More than 200 oil projects can hike output, and profits, from subsea boosting

15 February 2021 Editor 0

The saying has it that in every crisis there is opportunity, and the oil industry is no exception, with efficiencies and targeted investments being the prime focus areas during and in the aftermath of a […]

Oil growth rate per flow and OECD region in November 2020 (y-o-y) (source: IEA)
Oil/Gas

IEA releases latest monthly oil and gas statistics

12 February 2021 Editor 0

The latest IEA’s Monthly Oil Statistics report including November 2020 data shows that for Total OECD: Total OECD production of crude oil, NGL and refinery feedstocks decreased by 7.4% in November 2020 compared to November […]

Qarar’s LNG production outlook / Middle East’s greenfield investment outlook (source: Rystad Energy UCube)
Oil/Gas

Qatar’s attempt to reclaim the LNG throne will make Middle East 2021’s global sanctioning epicentre

11 February 2021 Editor 0

Qatar’s move to sanction the USD 30 billion North Field Expansion project puts the country on track to return as the world’s largest LNG producer by 2030, a Rystad Energy report shows, based on operational […]

Australian production 2019-2020 / Construction start for utility PV and wind (source: Rystad Energy UCube, Rystad Energy RenewableCube)
Oil/Gas

Australasia in review: FID-rich 2021 to follow 2020’s oil output surprise, renewables to set records

10 February 2021 Editor 0

Even though 2020 was the year oil and gas producers reduced output to balance the pandemic-hit demand, Australasia’s production did not only stay resilient, but it also rose a little, a Rystad Energy report reveals. […]

Vaca Muerta oil and gas production by month, horizontal POP activity by quarter (source: Rystad Energy ShaleWellCube)
Oil/Gas

Argentina’s Vaca Muerta tight oil deposit is now producing at record levels, matching US well scores

3 February 2021 Editor 0

The oil production decline that the COVID-19 pandemic brought to Argentina’s Vaca Muerta formation now seems like a distant memory. The reserve’s oil output has not only rebounded to pre-pandemic levels but also reached a […]

Yamal LNG is an integrated project for natural gas production, liquefaction and marketing
Oil/Gas

Baker Hughes and NOVATEK partner to develop pioneering lower carbon hydrogen solution for LNG trains

2 February 2021 Editor 0

Baker Hughes and PAO NOVATEK have signed a cooperation agreement aimed at reducing carbon emissions from natural gas and liquefied natural gas (LNG) production. The two companies will cooperate on the development and implementation of […]

Oman Block 61 with Ghazeer in the background
Oil/Gas

bp to sell 20% stake in Oman‎’‎s Block 61 to PTTEP

1 February 2021 Editor 0

bp has agreed to sell a 20% participating interest in Oman’s Block 61 to PTT Exploration and ‎‎Production Public Company Limited (PTTEP) of Thailand for a total consideration of USD 2.6 billion. ‎Following completion of […]

Equinor’s activities in Tanzania
Oil/Gas

Impairment at Tanzania LNG project

29 January 2021 Editor 0

Equinor has decided to write down the book value of its Tanzania LNG project (TLNG) on the company’s balance sheet by USD 982 million. This will be reflected in adjusted earnings for EPI division in […]

Operational and financial score / Conventional resource replacement ratio (RRR) (source: Rystad Energy UCubel and ECube, company reporting)
Exploration

A major(s) rating – Total outperformed peers in 2020, a year of cost reductions and poor discoveries

29 January 2021 Editor 0

Despite the devastating downturn of 2020, most global majors held up quite well during the market turmoil, a Rystad Energy comparative analysis reveals after measuring key upstream performance metrics. Total outshined all other peers, as […]

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Latest

  • ABB Marine & Ports expands in Turkey and Saudi Arabia
  • Carbon Neutral Energy appoints marine and shipping stalwart as its first Non-Executive Director
  • AGR inks framework agreement with Gassnova SF
  • Aker Solutions Wins FEED Contract for Empire Wind Project
  • Peab to partner with the European Green Capital 2021
  • LF Energy partners with Sony Computer Science Laboratories to launch open-source microgrid project
  • Third year in a row: ‘Maersk Convincer’ named jack-up of the year by Shell
  • Clean Planet introduces ultra-clean jet fuel made from non-recyclable plastics
  • Echogen’s first-of-a-kind supercritical CO₂-based power cycle to provide emissions free power
  • IEA publishing early release of its energy statistics, balances and CO₂ emissions data
  • Aker Solutions to deliver electrification of Equinor’s Troll B & C platforms
  • NPD releases January 2021 production figures
  • India’s Catch-22: Coal use set to boom as renewable wave can’t keep up with electrification growth
  • Aral accelerates ultra-fast charging expansion
  • New certified Versalis product range for sustainability

Featured

  • Floating offshore wind is set to be the next big thing in renewable power
    The path to maturity for floating offshore wind
    16 February 2021 0
  • With fast fashion largely being driven by the rise in online shopping, energy switching site SaveOnEnergy was keen to investigate the extent to which searches for online fashion retail brands could be harming the environment
    Boohoo, Asos, or TopShop: the brands estimated to generate the most CO₂ from online searches
    12 February 2021 0
  • LNG decarbonisation – LNG producers have started to look for ways to minimise or counterbalance their carbon footprints
    Carbon-neutral or green LNG: A pathway towards energy transition
    9 February 2021 0
  • The waste stops here – Keenan Recycling’s operations director, Gregor Keenan
    ‘There’s more to COP26 than CO₂’
    5 February 2021 0
  • Corvus Energy production facilities in Bergen, Norway
    Corvus Energy and Toyota team up to develop maritime fuel-cell systems
    2 February 2021 0
  • European Union set up the Horizon 2020 Framework Programme that looked into smart energy systems for a sustainable and renewable energy future
    Study shows which countries received the most funding by the EU for sustainability
    29 January 2021 0
Contact

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