Offshore Deepwater News - page 5


U.S. to Offer 10-Year Terms for Offshore Blocks in Certain Water Depths

Oct 16, 2020

The U.S. offshore oil and gas regulator BOEM said Thursday it would offer longer terms for the Gulf of Mexico oil and gas exploration blocks in certain depths, in its region-wide offshore lease sale slated for November. The sale will include…

Gulf of Mexico Oil Output Yet to Be Fully Restored After Hurricane

Oct 13, 2020

Energy companies forged ahead restoring oil and natural gas production in the U.S.-regulated northern Gulf of Mexico on Monday, three days after Hurricane Delta made landfall, said the U.S. Bureau of Safety and Environmental Enforcement (BSEE)…

Gulf of Mexico: Storm-weary Offshore Oil Firms Prep for Massive Hurricane

Oct 07, 2020

Oil and gas workers withdrew en masse from offshore production facilities as Hurricane Delta grew into a powerful storm over the Caribbean on its way to the Gulf of Mexico.Delta's winds reached 145 miles per hour (235 kph) as the storm sped…

Eni to Take Over Indonesian Deepwater Development?

Sep 30, 2020

Italy's Eni is expected to take over the Indonesian Deepwater Development (IDD) project as operator Chevron sells its interest in the gas venture, the chairman of the country's upstream oil and gas regulator said on Wednesday.Chevron confirmed…

Aker Solutions Delivers Subsea Structures for CNOOC's Lingshui 17-2 Field

Sep 30, 2020

Norwegian offshore engineering and construction firm Aker Solutions has completed the construction of subsea structures for China-based CNOOC's Lingshui 17-2 project in the South China Sea.The structures were built and tested at the China Offshore…

Petrobras' Tupi Field Output Hits Two Billion Barrels Mark

Sep 29, 2020

Brazilian oil company Petrobras has informed that the accumulated oil production from the Tupi offshore field in Brazil recently hit the 2 billion barrels of oil equivalent (boe) mark.The field, dubbed the largest deepwater oil producer in the world…

Nigeria's Oil Reform Could See NNPC Privatized, Deepwater Royalties Amended

Sep 28, 2020

Nigeria's long-awaited oil reform bill would privatize the Nigerian National Petroleum Company (NNPC), amend changes to deepwater royalties made late last year and scrap key regulatory agencies in favor of new bodies, a copy of the bill seen by Reuters showed…

Guyana Nears Deal with Exxon for Payara Project

Sep 25, 2020

Guyana is close to reaching a deal with Exxon Mobil Corp to approve the company's Payara project, after the company committed to stricter environmental restrictions on gas flaring and wastewater, a top government official said on Friday.Exxon…

Petrobras Eyes Sale of Albacora Offshore Fields

Sep 25, 2020

Brazilian national oil company Petrobras has launched a teaser for the potential sale of its interests in Albacora and Albacora Leste deepwater offshore blocks in Brazil.Petrobras is selling a 100% operated working interest in the Albacora offshore…

Petrobras Makes Oil Find in Campos Basin Block

Sep 23, 2020

Brazilian national oil company Petrobras has discovered hydrocarbons at the first well drilled in the block C-M-657,in the pre-salt of the Campos Basin in which partners are U.S. ExxonMobil and Norway's Equinor.The exploration well named Naru…

U.S. BOEM, BSEE Looking at Ways to Boost Gulf of Mexico Oil and Gas Output

Sep 23, 2020

The U.S. government agencies responsible for offshore oil and gas regulations are looking at ways to update policies to promote the growth of oil and gas production in the Gulf of Mexico.Specifically, the Bureau of Ocean Energy Management (BOEM)…

U.S. Gulf of Mexico Oil Firms Tally Hurricane Damages, Begin Restarts

Sep 18, 2020

Storm-tossed U.S. offshore energy producers and exporters began clearing debris on Thursday from Hurricane Sally and booting up idle Gulf of Mexico operations after hunkering down for five days.The storm toppled trees, flooded streets, and left about 570…

Turkish Drillship to Continue Operating in Disputed Waters off Cyprus Until Mid-Oct

Sep 16, 2020

Turkey said on Tuesday it had extended the operations of its Yavuz energy drillship in disputed Mediterranean waters off Cyprus until Oct. 12, in a move that could stir tension between the Greek Cypriot government and Ankara.Yavuz will be accompanied by three other Turkish ships…

Suriname: After Three Discoveries, Apache Spuds Fourth Offshore Well

Sep 15, 2020

Oil and gas company Apache, with its partner Total, is on the hunt for its fourth offshore oil discovery in Suriname.The company has this year announced discoveries at Sapakara West, and Maka Central, and most recently, Kwaskwasi well - all in Block 58…

Oil Firms Halt Output as U.S. Gulf Coast Braces for Hurricane

Sep 14, 2020

Offshore platforms and one refinery along the U.S. Gulf Coast shut down on Sunday as they prepared for a second hurricane strike in less than a month.Phillips 66 began shutting its 255,600 barrel-per-day (bpd) Alliance, Louisiana, refinery as…

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