News
September 10, 2024
The combined solution will address challenges in locating, re-entering and re-abandoning legacy wells that penetrate, or pass through, offshore oil and gas reservoirs or saline aquifers that have been earmarked to be repurposed for carbon dioxide (CO2) or hydrogen storage.
News
September 10, 2024
The Liwan 4-1 well was tested to produce 430,000 cmd of absolute open flow natural gas. The well is located in Baiyun Sag, the largest oil and gas-rich sag in the Pearl River Mouth basin, about 300 km southeast of Shenzhen, with a water depth of nearly 1,640 m.
News
September 10, 2024
The Transocean Spitsbergen rig drilled the well in production license 199 in the Haltenbanken Vest Unit in the Norwegian Sea. Preliminary estimates place the size of the discovery in the range of 2-4 MMcm of recoverable oil equivalent.
News
September 09, 2024
The American Petroleum Institute is raising concerns over the recent decision by the U.S. District Court for the District of Maryland to vacate the National Marine Fisheries Services’ (NMFS) Biological Opinion in the Gulf of Mexico.
News
September 09, 2024
Chevron, ExxonMobil and Shell are among the companies taking measures such as evacuating workers from vulnerable installations, suspending drilling activities, and shutting in some wells. The storm’s forecast path intersects with fields that account for roughly 125,000 bpd and 300 MMcfgd. Francine may rake nine major platforms, including Enchilada, Cerveza, Perdido and Hoover.
News
September 09, 2024
The four new contracts encompass four heavy-size helicopters Sikorsky S-92A to support Petrobras in the pre-salt Santos basin. CHC will provide crew change flights to over 60 offshore units operated by Petrobras and its partners from Jacarepaguá and Maricá airports, located at Rio de Janeiro estate, Brazil.
News
September 08, 2024
The transaction adds more than 8 MMboe in reserves and resources net to DNO. In terms of production, the acquired assets delivered approximately 3,000 boed in the first half of 2024, expected to rise to above 5,000 boed in 2026 as the Verdande contribution kicks in.
News
September 08, 2024
The plant, located in offshore Akwa Ibom state in the oil-rich Niger Delta, is expected to be commissioned in 2028, with first gas a year later. It will produce LNG, petroleum gas and condensate.
News
September 08, 2024
Transocean announced that Reliance Industries Limited awarded a binding Letter of Award for the Dhirubhai Deepwater KG1 for six wells offshore India. The estimated 300-day program is expected to commence in the second quarter of 2026.
News
September 08, 2024
A fight over Gulf of Mexico oil production is looming in Washington as U.S. regulators race to redo guidance on how to protect endangered species ahead of a deadline that could ultimately threaten about 15% of the nation’s crude output.
News
September 05, 2024
Noble has published an updated fleet status report reflecting the addition of the Diamond rigs and other updates, chiefly the addition of 4.8 rig years of backlog recently awarded under the Commercial Enabling Agreement (CEA) with ExxonMobil for the company's four drillships operating offshore Guyana.
News
September 05, 2024
A total of 43 development wells are planned to be commissioned, including 28 production wells, 14 water-injection wells and one appraisal and water source well. It is expected to achieve a peak production of approximately 9,900 boed in 2026.
News
September 05, 2024
The EW 953 well encountered approximately 127 ft of net pay in the target sand at approximately 19,000 feet true vertical depth ("TVD"). Preliminary data indicates an estimated gross recoverable resource potential of approximately 15 – 25 million MMBoe from a single subsea well with an initial gross production rate of 8,000 – 10,000 boed.
News
September 04, 2024
Under a contract awarded to McDermott in January 2024 by Santos, the company provided engineering, procurement, removal, and transportation of the platform topsides, substructure, and associated items to an onshore facility for dismantling and disposal.
News
September 04, 2024
Helix will provide an increased minimum number of days annually with the Q5000 riser-based well intervention vessel, Intervention Riser Systems (IRSs), remotely operated vehicles (ROVs), and project management and engineering services to cover fully integrated operations from production enhancement to plug and abandonment well services.
News
September 04, 2024
The U.S. Energy Department granted a five-year license Tuesday to Wes Edens’ company New Fortress Energy Inc., which is developing the small-scale LNG export plant known as Fast LNG offshore near Altamira, Mexico. The approval is key for U.S. LNG export developers to sell LNG globally to countries in Europe, Japan and China.
News
September 03, 2024
The two-month survey will be conducted early 2025, utilizing capacity from Shearwater’s high-end fleet, supported by the company’s state-of-the-art technology offering and extensive operational experience.
News
September 03, 2024
Chevron Corporation started water injection operations at two of its offshore projects to boost oil and gas recovery at the company’s existing Jack/St. Malo and Tahiti facilities in the deepwater U.S. Gulf of Mexico.
News
September 03, 2024
The Tyrving development leverages the planned extended lifetime for the Alvheim field and will increase production while reducing both unit costs and CO2 emissions per barrel. The field consists of three wells and two new subsea installations tied back to existing infrastructure at East Kameleon and further to the Alvheim FPSO.
News
September 03, 2024
bp has entered into an agreement with Perenco to divest its Immortelle, Flamboyant, Amherstia and Cashima offshore gas fields and associated production facilities, including undeveloped resources from the Parang field. The assets, except for Parang, are mature fields that have been in production from as early as 1993 and currently produce 30,000 boed.
News
September 02, 2024
Energy Maritime Associates (EMA) has identified 29 projects that are most likely to be awarded within the next 12 months. These include 16 FPSOs, 7 FSOs, 3 FLNGs, 2 Semis, and 1 MOPU. These will be for multiple units in Brazil, new frontier regions such as Namibia and the Falklands, as well as the re-emergence of mature areas like Angola, Indonesia, Ivory Coast, and Malaysia.
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