Offshore Deepwater News - page 9


Ghana Instructs Eni and Local Producer to Combine Oil Fields

May 08, 2020

Ghana has directed Eni SpA and Springfield E&P to begin talks to combine their adjacent oil and gas fields, according to a letter seen by Reuters.The April 9 letter from Energy Minister John-Peter Amewu to the two companies says seismic data indicates that Eni's Sankofa offshore field…

Pacific Drilling Left with One Offshore Rig in Operation

May 08, 2020

Pacific Drilling's drillship Pacific Santa Ana has been placed on a reduced standby rate, the drilling company said in its first-quarter report on Thursday, leaving the company with only one rig actually working at the moment - the Pacific Khamsin…

Repsol-led Group Makes Deepwater Oil Discoveries Offshore Mexico

May 05, 2020

A consortium led by Spain's Repsol including Germany's Wintershall DEA and Thailand's PTTEP have discovered two deepwater oil fields in the Gulf of Mexico, the companies said on Monday.Mexican President Andres Manuel Lopez Obrador has slammed…

Brazil Oil Production Rose in March Despite Pandemic

May 04, 2020

Brazil produced 2.973 million barrels per day of oil in March, up 0.1% from February and up 16.1% from the same month a year before, national oil regulator ANP said on Monday.The figures suggest that production cuts announced at the end of March…

Guyana Has No Plans to Cut Crude Output

May 04, 2020

Guyana has no plans to cut crude output despite a plunge in oil prices, the government's top energy official said on Monday, adding that shutting down production could prove costly and harm future output.Mark Bynoe, the director of the Department of Energy…

Angola Says Producer Cuts Insufficient, More Action Needed

Apr 24, 2020

Angola sees an oil production curb by OPEC, its allies and other top producers as insufficient to balance global markets, state news agency ANGOP quoted resources and petroleum minister Diamantino Azevedo as saying on Friday.'It is up to everyone to understand that…

BOEM Studies Renewables' Potential in US Gulf

Apr 24, 2020

The Bureau of Ocean Energy Management (BOEM), Gulf of Mexico OCS office published two new studies examining the potential for and impacts of renewable energy projects in the U.S. Gulf of Mexico.“Offshore Renewable Energy Technologies in the…

Neptune Drills Duster in Norwegian Sea

Apr 24, 2020

Oil and gas company Neptune Energy has failed to find hydrocarbons at its offshore exploration well 6507/8-10 S in the Norwegian Sea.The well - known as the Grind prospect - was drilled about 10 kilometers east of the Heidrun field in the Norwegian Sea and 215 kilometers west of Brønnøysund…

No Blanket Royalty Waiver for U.S. Offshore Oil Industry

Apr 23, 2020

The Trump administration will not make a broad cut to the royalty rate oil and gas companies must pay on their offshore drilling operations despite a historic oil price collapse that has put the industry in crisis, a Gulf Coast lawmaker briefed on the matter told Reuters on Wednesday…

Shell Delays Decisions on GoM, North Sea Projects

Apr 22, 2020

Royal Dutch Shell has postponed decisions on whether to go ahead with two large oil and gas developments in the Gulf of Mexico and North Sea after oil prices collapsed due to the coronavirus crisis, a company source said on Wednesday.The Anglo…

Oil Traders Vie for Guyana Marketing Deal Despite Price Tumble

Apr 21, 2020

Guyana has attracted interest from several oil trading companies for a contract to serve as the marketing agent for the government's share of the country's crude, despite a plunge in global prices, four people familiar with the matter said.Oil…

Petrobras: Binding Phase Starts for Papa-Terra Field Sale

Apr 20, 2020

Brazilian oil company Petrobras has started the binding phase for the sale of its share in the Papa-Terra field located in the deepwater area in the Campos Basin, offshore Brazil.The binding phase starts following a teaser for the sale Petrobras had announced back in February…

Petrobras Eyes Restart at FPSOs Hit by Coronavirus

Apr 17, 2020

Brazilian state-run oil firm Petrobras plans to restart operations in the coming days at two ships used in offshore oil production that suffered coronavirus outbreaks, an executive told journalists during a call on Friday.Petrobras Exploration…

Egypt's Burullus Terminates Transocean Drillship Contract Early

Apr 17, 2020

Egypt-based oil and gas company Burullus has sent an early termination notice for a drillship contract to offshore drilling contractor Transocean.In its fleet status report issued Thursday, Transocean said it had received the early termination…

Shell Restarts U.S. Offshore Platform after Pipeline Leak

Apr 17, 2020

Royal Dutch Shell Plc resumed production at its 100,000-barrel-per-day Perdido deepwater hub in the U.S. Gulf of Mexico on Tuesday, ending a days-long halt caused by an onshore pipeline leak.Perdido production would return to its usual capacity by late Wednesday…

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