Offshore Activity - page 1064


UK Licensing Round Generates 'Considerable Interest'

Dec 16, 2019

The UK’s latest offshore licensing round has attracted 'considerable interest' despite concerns surrounding domestic oil and gas production amid government commitments to net zero emissions by 2050, the UK Oil & Gas Authority (OGA) said on Monday…

U.S. Drillers Add Rigs for first Week in Eight

Dec 13, 2019

U.S. energy firms added rigs for the first time in eight weeks even as producers follow through on plans to reduce spending on new drilling.Companies added 4 oil rigs in the week to Dec. 13, bringing the total count to 667, energy services firm…

DNO Makes Small Find Offshore Norway

Dec 13, 2019

Oil firm DNO has made a minor oil and gas discovery in the northern part of the Norwegian Sea, the Norwegian Petroleum Directorate (NPD) said on Friday.The discovery, made in 341 meters of water, about 4 kilometers west of the Heidrun field…

Yothaka East-2 Sidetrack Disappoints

Dec 13, 2019

Tap Oil on Friday shared an update on the Yothaka East-2 appraisal well drilled in the G1/48 concession Manora Production License, operated by Mubadala Petroleum, in the Northern Gulf of Thailand.Operations on the sidetrack of the Yothaka East…

W&T Takes Over as Magnolia Operator

Dec 12, 2019

W&T Offshore announced it has acquired a 75% working interest in and operatorship of the Magnolia field in the central region of the deepwater Gulf of Mexico from ConocoPhillips for $20 million. The oil-weighted producing property, located in Garden Banks blocks 783 and 784…

Transocean Wins Contract in Trinidad and Tobago

Dec 12, 2019

Offshore driller Transocean announced Thursday that the semisubmersible Development Driller III has been awarded a one year contract off the coast of Trinidad and Tobago.The contract is expected to commence in the second quarter 2020 and will…

Chevron Hits Go on Anchor

Dec 12, 2019

US supermajor Chevron announced Thursday it will move ahead with the high-profile Anchor project in the U.S. Gulf of Mexico, targeting first oil production in 2024.The $5.7 billion deepwater project is the first ultra-high pressure development to reach a final investment decision (FID)…

Springfield Reports Big Find Offshore Ghana

Dec 11, 2019

Ghana's Springfield E&P said on Wednesday that it had discovered 1.5 billion barrels of oil and 0.7 trillion cubic feet of gas in its Afina-1 well in the West Cape Three Points (WCTP) Block 2, offshore GhanaThe undiscovered potential of the…

Shelf Drilling Eyes Nigerian Prospects

Dec 11, 2019

Shallow water drilling services provider Shelf Drilling has announced a one-year extension on its 1982-built BMC 300-1C Trident XIV jack-up rig in continuation of its current assignment offshore Nigeria.The rig was contracted to ExxonMobil for…

First Dussafu DTM-4H Production Well Completed

Dec 10, 2019

Panoro Energy announced the successful completion of the DTM-4H well, the first of the phase 2 Tortue development wells, offshore Gabon.The well was drilled with the Borr Norve jackup drilling rig in 116 meters water depth as a horizontal production well in the Gamba reservoir…

US Gulf: Infrastructure-led Exploration

Dec 08, 2019

2019 has seen greenfield prospects in the US Gulf of Mexico return to the forefront of upstream planning. Chevron is pursuing the 20,000 psi Anchor project while Shell intends to replicate the Vito semi-sub to develop its Whale discovery. Meanwhile…

Hurricane Confirms Oil in Warwick West

Dec 02, 2019

UK-based Hurricane Energy announced that testing has confirmed oil in its Warwick West well, West of Shetland.Warwick West ( 204/30b-4) was spudded using the Transocean Leader semi-submersible rig on September 24 and was drilled to a total depth of 1…

Controversial Wildcat Disappoints -Rystad

Nov 29, 2019

Wintershall Dea’s controversial wildcat well near the closed-off Lofoten archipelago in northern Norway was ultimately unsuccessful, analyst Rystad Energy said.Rystad Energy’s senior exploration analyst Palzor Shenga said, “This stands as a…

Northern Lights Partners Drill Wildcat for CO2 Storage

Nov 29, 2019

Partners in the Northern Lights project will drill an exploration well south of the Troll field in the North Sea with the objective to not find oil and gas.Wildcat well 31/5-7 Eos is being drilled to investigate whether the reservoir in the…

Topside Floated for Dongfang Gas Field

Nov 28, 2019

ALE performed an 18,000t topside load-out and floatover transportation from a yard in Zhuhai, China. The topside will form part of a new offshore platform in the South China Sea to support natural gas development in the region.The Dongfang gas…

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