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Most Read

  1. ADNOC awards FEED contracts for three fields offshore Oman
  2. US tops countries with largest remaining recoverable gas reserves
  3. ExxonMobil acquires 25% indirect interest in Mozambique’s Area 4 block
  4. Aker Solutions secures contract from Maersk Drilling
  5. Air Products secures gas contract for Coral FLNG project

Latest Content

Wet Stator Units for Oil and Gas

Sulzer has the in-house capability to provide specialist service support to the upstream oil and gas industry for all large water filled electro-submersible pumps manufactured by Sulzer and third party pump companies.

Gunflint Oil Field, Gulf of Mexico

Gunflint oil field lies in Mississippi Canyon Blocks 948, 949, 992(N/2) and 993(N/2), 90mi (144km) south off the coast of Louisiana, US, in the Gulf of Mexico.

Hebron Oil Project, Newfoundland

Hebron is a heavy oil field located 350km south-east of the Newfoundland and Labrador capital St John’s, in the Jeanne d’Arc Basin, Canada, in a water depth of 93m.

Safaniya Field Upgrade, Persian Gulf

Safaniya oil field, located 200km north of Dhahran in the Persian Gulf, Saudi Arabia, is currently the largest offshore oil field in the world, with 37 billion barrels of oil reserves.

Russia’s investment will ensure stable supply of Russian crude through 2021

Over $79.4 billion in capital expenditure will be spent by Russia-focused operators on oil projects over the next four years to ensure that country’s production remains at 11 million barrels per day, according to research and consulting firm GlobalData. Rosneft Oil Company will drive Russia’s oil and condensate production with over 41.3 percent share of production in 2021. Gazprom (Gazprom Neft) and Lukoil Oil Company will follow with 15.1 percent and 14.6 percent of 2021 production respectively.

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