A jointly-operated onshore oilfield between Saudi Arabia and Kuwait will remain shut until difficulties to operate are resolved, a spokeswoman for US oil major Chevron said.
“Current difficulties in secur
Abu-Dhabi's Mubadala Petroleum said its 10,000 barrels-per-day (bpd) Nong Yao oil field in Thailand will start production in June, bringing its total oil output in the country close to 40,000 bpd, up 33 per cent from current levels.
Qatar Petroleum has invited international oil companies to compete to operate and develop its Al-Shaheen oilfield from mid-2017, a blow to current operator Maersk Oil which had hoped to extend its production sharing agreement.
Libyan protesters have shut down an eastern gas field and threaten to close the western Wafa oil and gas field, which would stop gas exports to Italy, a spokesman for state oil firm NOC said.
The closure will w
Abu Dhabi National Oil Company (Adnoc) said on Monday it had granted Japan's Inpex Corp a 5 per cent stake in a new 40-year concession, making it the first Asian firm to help operate the UAE's biggest oilfields after decades-long partner
Japanese oil and gas developer Inpex Corp is in final adjustments to obtain a 5 per cent stake in a new concession to help operate the United Arab Emirates' biggest oilfields for $1.1 billion, public broadcaster NHK said on Monday.
A strike by Libyan security guards over salary payments has forced the closure of the western El Feel oilfield, a spokesman for state oil firm NOC said.
A field engineer told Reuters the Opec producer had close
Libya's El Sarir oil field is still unable to pump oil to Hariga port after sabotage on a pipeline just north of the field where repairs are ongoing, an oil official said.
The pipeline was damaged and set o
Gunmen have stormed the Al-Mabrook oilfield in central Libya, a spokesman for state-run National Oil Corp (NOC) said on Wednesday.
Armed factions allied to two rival governments are fighting for control of Libya four years after t