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OE Daily: 2017 / October

Thursday, 19 October 2017 16:57

Energean: Montenegro blocks hold 438 MMboe

Mediterranean explorer Energean Oil & Gas praised the “untapped potential” of its two blocks offshore Montenegro, which may hold 1.8 TCF of gas and 144…
Thursday, 19 October 2017 03:41

Woodside strikes out offshore Myanmar

Australian explorer Woodside's latest exploration wells offshore Myanmar were non-commercial or dry, the firm has revealed. Thalin discovery Source: Woodside The firm's Pyi Tharyar-1 well,…
Wednesday, 18 October 2017 14:35

Pemex to explore Mexico's pre-salt

The National Hydrocarbons Commission (CNH) has approved Pemex’s exploration plans to probe Mexico’s first-ever pre-salt well in the Bay of Campeche. The probe, called YAXXTAAB-1…
First power has been achieved from Statoil and partner Masdar's Hywind Scotland project - the world's first floating wind farm.  The 30MW wind farm, operated…
Tuesday, 17 October 2017 02:55

Stranded gas FLNG model launched

Norwegian energy consultancy Add Energy and Australian firm Transborders Energy (TBE) are working together, with help from MODEC and TechnipFMC, to create a fast deployment…
Monday, 16 October 2017 12:47

Emerson to acquire Paradigm

St. Louis-based technology and engineering firm Emerson announced today (16 October) it has agreed to acquire Paradigm, a provider of software solutions for the oil…
Monday, 16 October 2017 09:03

Anadarko to explore offshore Peru

Anadarko Petroleum has signed an exploration agreement with the government of Peru to explore 4.7 million acres across three deepwater blocks in the Trujillo Basin…
Monday, 16 October 2017 03:44

Eni, Total, Novatek make bid for Lebanon

Three companies, Eni, Total and Novatek, acting as a consortiumm have made the only bids in Lebanon's first offshore licensing. The three companies together bid…
Monday, 16 October 2017 02:55

Operations resume following Storm Nate

Operators in the US Gulf of Mexico have largely resumed normal operations following Tropical Storm Nate. The Storm, which formed 5 October and made landfall…
Friday, 13 October 2017 03:03

Chevron drops Bight exploration - APPEA

US oil major Chevron has decided to discontinue its exploration program in the Great Australian Bight, according to the country's industry body.  BP dropped its…
The US Bureau of Safety and Environmental Enforcement (BSEE) released new numbers this morning (13 October) stating that more US Gulf of Mexico production than…
Thursday, 12 October 2017 14:20

Appomattox hull arrives in US Gulf

The hull for the Appomattox field development facility arrived last week at the Ingleside, Texas shipyard where it will undergo final construction before installation in…
Tuesday, 10 October 2017 09:31

Rosneft closes Shorouk stake deal

Russia’s Rosneft has closed the US$1.13 billion deal to acquire stake in the Shorouk concession, containing the giant Zohr field offshore Egypt from Italy’s Eni.…
Monday, 09 October 2017 09:04

Goliat shut down due to electrical issues

Eni has been ordered to shut down all production from the Goliat floating production, storage and offloading (FPSO) unit, after the Petroleum Safety Authority of…
Russian gas giant Gazprom Neft says it has made a new discovery containing 255 million tonne of oil equivalent (ca.1.8 bn boe) in place on…
Monday, 09 October 2017 02:31

Wood Group completes AMEC acquisition

Wood Group has completed its "transformational" US$2.7 billion acquisition of Amec Foster Wheeler.  Image from Wood Group. Meanwhile, WorleyParsons has entered into a binding agreement…
Statoil's 2017 three-well UK North Sea drilling campaign has resulted in a discovery in the Verbier well, but leaves behind two disappointments, the firm reports…
Thursday, 05 October 2017 14:17

Updated: Workers return to GoM following Nate

Offshore oil and gas operators in the Gulf of Mexico, including Anadarko and Shell, have begun redeploying personnel to the Gulf of Mexico following Hurricane…
Thursday, 05 October 2017 10:02

Ensco, Atwood shareholders approve merger

Ensco plc announced today (5 October) that Ensco shareholders voted to approve the allotment and issuance of Ensco Class A ordinary shares to shareholders of…
Thursday, 05 October 2017 08:53

ExxonMobil makes fifth Guyana discovery

ExxonMobil has further confirmed the potential of the Stabroek block offshore Guyana with a fifth oil discovery in the Turbot-1 well. Stena Carron drillship. Image…
Thursday, 05 October 2017 08:24

BP gains further Ironbark extension

Cue Energy Resources has granted a further extension to supermajor BP to mull over the option of acquiring stake in the Ironbark prospect offshore Western…
Thursday, 05 October 2017 02:28

Keppel lands ExxonMobil Liza FPSO conversion

Keppel Shipyard has won a floating production storage and offloading (FPSO) vessel conversion contract from SBM Offshore for ExxonMoibil's Liza development offshore Guyana. The contract…
Wednesday, 04 October 2017 09:52

No bidders for Pemex's Ayin-Batsil farm-out

Petróleos Mexicanos (Pemex) did not receive any offers to partner up for its shallow water Ayin-Batsil area in the Gulf of Mexico in a live…
Wednesday, 04 October 2017 09:09

Shell, KUFPEC cancel Thai sale

Royal Dutch Shell announced today (4 October) that its subsidiary, BG Asia Pacific Holdings Pte Ltd., and KUFPEC Thailand Holdings Pte Ltd., a subsidiary of…
Tuesday, 03 October 2017 08:01

Aker BP in Frigg Gamma Delta hit, miss

Aker BP has encountered further oil at the Frigg Gamma Delta discovery offshore Norway, but came up dry at an adjacent wildcat, according to the…
Monday, 02 October 2017 02:57

Subsea 7 confirms new reel lay vessel order

Subsea 7 has signed a contract with Royal IHC to design and build a new, high-specification reel lay vessel capable of installing complex rigid flowlines…