Offshore Deepwater News - page 8


Offshore Drillers Facing Second Wave of Bankruptcies

Jun 24, 2020

The companies that operate offshore drilling rigs for major oil producers face a second wave of bankruptcies in four years amid a historic drop in energy prices that likely will leave surviving drillers more closely tied to big oil firms.A collapse of the offshore industry will have broad impact…

Woodside: Sangomar on Track for First Oil in 2023

Jun 23, 2020

Australian oil and gas company Woodside has reiterated that its $4.2 billion Sangomar project offshore Senegal, is still on track to produce first oil in 2023.The company was responding to media reports stating that Senegal has been forced to…

U.S. Offshore Oil Output Down 13% After Storm Cristobal

Jun 12, 2020

Offshore crude oil production in the U.S.-regulated northern Gulf of Mexico was down 13%, or 242,681 barrels per day (bpd), on Thursday, four days after Tropical Storm Cristobal came ashore, the U.S. Bureau of Safety and Environmental Enforcement (BSEE) said…

TEMS Inks Two Deepwater Gulf of Mexico Deals

Jun 12, 2020

Aberdeen-based oilfield services company TEMS International focused on improving the performance and compliance of drilling systems has recently secured two contracts in the deepwater Gulf of Mexico.The company said Thursday that the contracts…

PHOTO: CNOOC Completes First Development Well at Lingshui 17-2

Jun 11, 2020

Chinese oil company CNOOC has this week completed the drilling of the first development well at the Lingshui 17-2 (LS 17-2) gas field development in the South China Sea, offshore China.The info, along with the photos, was shared by CIMC-Raffles…

About 24% U.S. Gulf Offshore Oil Output Shut after Storm

Jun 11, 2020

About 24%, or 435,767 barrels per day (bpd), of crude oil production, remain[ed] shut in the offshore U.S.-regulated Gulf of Mexico on Wednesday after Tropical Storm Cristobal, the U.S. Bureau of Safety and Environmental Enforcement (BSEE) said…

US Grants 12 Royalty Cuts for Struggling Offshore Drillers

Jun 10, 2020

The Trump administration has approved 12 applications for reductions in royalty payments from offshore drilling companies reeling from reduced demand for fuel and battered prices, according to the agency that processes such requests.In an email…

About 31% Oil, 33% Gas Output Shut in U.S. Gulf After Storm

Jun 10, 2020

About 31%, or 575,541 barrels per day (bpd), of offshore crude oil production remain[ed] shut in the U.S.-regulated Gulf of Mexico on Tuesday following the passage of Tropical Storm Cristobal, the U.S. government said.About 33%, or 898.32 million cubic feet a day (cfd)…

TGS Completes 3D Seismic Survey in Santos Basin, Brazil

Jun 09, 2020

Norwegian offshore seismic data firm TGS has completed an additional phase of the Santos Basin 3D Multi-Client seismic survey in Brazil. 'The survey is located south of the high-profile discoveries in the Santos Basin and the recent sought-after blocks offered in Rounds 15 and16…

U.S. Gulf of Mexico Oil Firms Resuming Output as Storm Passes

Jun 09, 2020

Energy companies on Monday began preparations to resume oil and gas production in the U.S. Gulf of Mexico, a day after Tropical Storm Cristobal blew through with high winds and heavy rains.Producers had evacuated 182 offshore facilities and shut in about a third of oil and gas production in U…

Storm Forces GoM Operators to Evacuate 185 Platforms

Jun 08, 2020

Offshore oil and gas operators in the U.S. Gulf of Mexico have evacuated workers from 185 production platforms and three drilling rigs in the wake the tropical storm Cristobal, the Bureau of Safety and Environmental Enforcement (BSEE) said on Sunday…

Down But Not Out: Aker Energy Committed to Developing Ghana Offshore Oil Field Despite Delay

Jun 05, 2020

Norwegian oil firm Aker Energy, which operates the Pecan offshore oil field development offshore Ghana, is not giving up on the project, despite having recently delayed a Final Investment Decision 'indefinitely' due to the plunge in oil prices…

Oil Producers Evacuating GoM Workers Ahead of Storm

Jun 03, 2020

BP Plc began turning off production at three platforms in the northern Gulf of Mexico and evacuating workers because of the threat from Tropical Storm Cristobal, forecast to make landfall in Louisiana over the weekend, the company said.Norwegian…

Sonardyne USBLs Installed on Brazilian Geoscience Vessels

Jun 02, 2020

Brazilian geoscience services company OceanPact Geociências has chosen deep water positioning technology from Sonardyne Brasil Ltda. to support its geophysical, geotechnical and environmental research operations across the region.Ranger 2 Ultra…

Shell Begins Drilling Saturn Block Offshore Brazil

May 21, 2020

Royal Dutch Shell has begun drilling the Saturn block in the Santos pre-salt basin, the company's Brazil chief said on Thursday, adding that Brazil faces hurdles to remain attractive in a low-price environment.Brazil's No. 2 oil producer after state-run Petroleo Brasileiro…

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