News Desk

In Brief

BP partially evacuates Valhall field

OSLO: BP’s Valhall platform in the North Sea was being partially evacuated by helicopter after a barge broke its anchor and was drifting towards the installation following a storm, a company spokesman told Norway’s NRK Radio.

Production continued at the oilfield, the spokesman said. The Valhall field is operated by BP and is co-owned by Hess.


Conoco evacuates staff from Eldfisk

OSLO: ConocoPhillips has shut down output at its Eldfisk and Embla fields in the North Sea and was evacuating staff from its Eldfisk platform due to the threat of a drifting barge hitting its installations, it said. A company spokesman told Reuters in an email that 145 people had been evacuated. “Of these, 95 were taken to shore and the rest moved to nearby installations. There is a minimum staffing again on Eldfisk Center.”

“Production from Eldfisk and Embla fields are shut down.”


Rosneft says output up in 2015

MOSCOW: Russia’s top oil producer Rosneft has increased its hydrocarbon output in 2015 to 254 million tonnes of oil equivalent from 251.6 million tonnes in 2014, the company head, Igor Sechin, said in a statement. He said that oil refining volumes reached 97 million tonnes, down from 99.8 million tonnes in 2014, citing a new tax regime. Sechin also said that Rosneft plans to increase its investment programme by a third in 2016.


Spectra shuts pipeline

HOUSTON: Spectra Energy Corp shut its Platte Pipeline that carries crude oil from Guernsey, Wyoming, to Wood River, Illinois, as a precaution due to flooding on the Mississippi River, the company said.

Spectra said in an email it will restart the pipeline as receding floodwaters permit. The 932-mile Platte Pipeline transports up to 164,000 barrels per day (bpd) of crude oil from Casper, Wyoming, to Guernsey and 145,000 bpd from Guernsey to Wood River.

The pipeline is the second crude system delivering into Wood River to shut as a result of flooding following severe weather throughout parts of the Midwest.

Phillips 66 operates a 306,000-barrel-per-day refinery in Wood River. Enbridge confirmed its 200,000-barrel-per-day Ozark pipeline, which runs from Cushing, Oklahoma, to Wood River, shut due to the flooding.