Offshore UK Catcher Development to Hit 60,000 Bpd Target Ahead of Plan
Catcher is expected to reach an output rate of 60,000 barrels of oil per day in April.

In its latest results update on Thursday, Premier Oil revealed that the Catcher development, located offshore UK, is expected to reach an output rate of 60,000 barrels of oil per day (bopd) ahead of plan.



How Australia-East Timor Treaty Unlocks $65Bln Gas Fields
East Timor and Australia this week signed a treaty at the United Nations setting their maritime boundary for the first time.

Reuters



ExxonMobil Says Hides Facilities Safely Shut In After Big Aftershock In PNG
ExxonMobil Corp says its facilities in Hides in the highlands of Papua New Guinea remained safely shut in after a magnitude 6.7 aftershock struck early on Wednesday.



HOW COOL IS THAT!: Subsea Engineer
BP's Rigoberto Lopez helps to construct deepwater wells in the Gulf of Mexico.

As a subsea wells supervisor with BP, Rigoberto Lopez divides his professional time between inland and offshore settings.



Exxon Woos Wall St. With Bold Plan To Double Earnings By 2025
ExxonMobil says it expects earnings to more than double by 2025 to $31 billion, with crude prices at or above current levels.



Fortuna Project Could Produce First Gas by Early 2022
Ophir Energy confirms that the Fortuna project, located offshore Equatorial Guinea, could produce first gas by early 2022.

Ophir Energy, the independent upstream oil and gas BOP Blow Out Preventer repair company gulf coast focused on Asia and Africa, confirmed Wednesday that the Fortuna project, located offshore Equatorial Guinea, could produce first gas by early 2022.



Reuters

NEW YORK, March 7 (Reuters) - Oil prices tumbled on Wednesday as financial markets slid amid concerns that Washington's plans for import tariffs could spark a trade war, and after U.S.



Slowing Mexico Oil Reform Would Be 'A Shame,' Pemex CEO Says
Mexico's 2013 decision to end the government monopoly on energy has resulted in billions in investment and the arrival of dozens of international oil companies.



Saipem Sees Tough Year Ahead After 2017 Guidance Miss
Italian oil services group Saipem expects a difficult year ahead after sales and profit last year fell short of its guidance due to weak order books.

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