A shareholder of the Caspian Pipeline Consortium (CPC), which exports Kazakhstan's oil via the Black Sea, estimates that the firm pumped 64.4 million metric tons of oil in 2024, well below its target ...

Hilcorp failed to show that it deserves another suspension of deadlines for work at its stalled Liberty field, regulators say ...

BP has awarded Singapore-based shipyard group Seatrium a key contract linked to a floating production unit destined for the supermajor’s Kaskida development in the US Gulf of Mexico, the ...

In the first phase of development, the floating production unit will be capable of producing 80,000 barrels of crude oil per day from six wells. The topsides for the Kaskida FPU will be put ...

Designed to produce 80,000 barrels of oil per day in its first development phase, the FPU will operate in a water depth of around 6,000 feet, supported by subsea wells. Kaskida represents BP’s ...

The restructuring also involves “extinguishing certain historical actual and contingent liabilities including, notably, in relation to the Thai Oil Clean Fuels contract”, Petrofac said.

:Oil prices rose on Tuesday, reversing the prior session's losses, buoyed by slightly positive market outlooks for the short term and stronger U.S. economic data, despite thin trade ahead of the ...

In the first phase of development, the project will have the capacity to produce 80,000 barrels of crude oil per day. Seatrium on Tuesday (Dec 24) said topsides for the Kaskida FPU will be integrated ...

Seatrium Limited (SG:5E2) has released an update.Don't Miss Our Christmas Offers:Discover the latest stocks recommended by top Wall Street ...

Fully owned by BP, the Kaskida field has discovered recoverable resources currently estimated at around 275 million barrels of oil equivalent from the initial phase. BP Approves Sixth Production Hub ...