BP PLC says its two North Sea satellite fields—Alligin and Vorlich—will produce a peak rate of 30,000 boe/d after coming onstream in 2020. Alligin is a 20 million-bbl recoverable oil field in the Greater Schiehallion Area about 140 km west of Shetland. Vorlich will recover more than 30 million boe and is about 241 km […]

BP PLC has started drilling the first of three development wells in Ghazeer natural gas and condensate field, the second phase of giant Khazzan gas field in Oman. The company said on Apr. 9 that it and partner Oman Oil Co. Exploration & Production had made the final investment decision to proceed. It let an […]

Mubadala Petroleum, Abu Dhabi, will conduct subsurface studies and acquire 3D seismic data in the first 3-year term of a production-sharing contract it has signed for the Andaman I block off Indonesia.  Source: News

Saudi Aramco and Total SA have signed a memorandum of understanding to add an integrated petrochemical complex downstream of their jointly held Saudi Aramco Total Refinery & Petrochemicals Co.’s (Satorp) 440,000-b/d full conversion refinery in Jubail, Saudi Arabia.  Source: News

Ecuador’s state-owned Petroecuador has let a contract to Germany’s Siemens AG to deliver gas-turbine equipment for the 20,000-b/d Shushufindi refinery in the northeastern Ecuadorian province of Sucumbios.  Source: News

McDermott International Inc. has completed Phase 1 of the deepwater Atlanta Early Production System for independent Brazilian exploration and production company Queiroz Galvao Exploracao e Producao SA (QGEP). Atlanta field lies in Santos basin on Block BS-4 in about 5,000 ft of water. Source: News

Oil prices rose by more than $1/bbl on both New York and London markets on Apr. 9, and analysts attributed the rally to fears about trade wars and to favorable crude market fundamentals. Source: News