Shell released this video outlining its safety efforts for Arctic exploration. The company received conditional approval for its exploration plan in the Chukchi Sea on 11 May 2015. Shell is planning to spend US$1 billion to explore the Arctic…
UK-based explorer Cairn Energy is ramping up its exploration and appraisal work offshore Senegal following the firm’s two major discoveries in the country made last year. Cairn is planning a “very ambitious” three-year evaluation plan…
AGR and SP Offshore Energy Services signed a memorandum of understanding (MoU) under which AGR will provide a range of exploration services and the drilling of an ultra deepwater (UDW) well off the Comoros Islands, between Mozambique and the Comoros…
Gazprom and PetroVietnam entered into agreements to explore offshore Vietnam later this year, marking the first deepwater well in the area with a depth exceeding 1600m. Gazprom, PetroVietnam signing agreements…
The Jack/St. Malo development is a bellwether for the Lower Tertiary Trend, Stephen Thurston, vice president of deepwater exploration and projects for Chevron said at the Offshore Technology Conference (OTC) this week. The Jack and St. Malo fields…
At an industry breakfast organized by OTC and the US Department of Commerce, experts said China was chosen as topic of discussion because of its emerging oil and gas business investment opportunities. OTC…
Houston-based Africa focused Erin Energy Corp. began production from the Oyo-8 well offshore Nigeria. Oyo-8 flare. Image from Erin Energy. Oyo-8 is located in OML 120 in 1000ft of water…
At the 2015 Offshore Technology Conference (OTC), Petrobras will receive the OTC Distinguished Achievement Award for Companies, Organizations, and Institutions – the highest recognition that an oil company can receive as an offshore operator…
Chariot Oil & Gas and partners secured a one-year extension on its current exploration phase of the C-19 license offshore Mauritania, North Africa. Map from Chariot. As part of the extension…
For Shell, exploration isn’t just about the seismic, it’s about joining up the petabytes’ worth of seismic dots between its global team of experts. Meg Chesshyre reports. Subsurface imaging, but…
John Bradbury profiles Tullow Oil’s major TEN development offshore Ghana, its second development in the area following its success at the deepwater Jubilee field. TEN project location offshore Ghana…
Efficiency, cost-effectiveness and optimized analyses are crucial in upstream asset development. OE spoke with Paradigm’s Indy Chakrabarti to chart the pathway to success. Jeannie Stell reports. Indy Chakrabarti…
Jeannie Stell looks at offshore heavy oil development economics with an eye on the current low-price environment. ExxonMobil expects its 52-well Hebron development project offshore Newfoundland to bring in first oil in 2017…
Italy is sitting on sizeable untapped gas resources, yet it still imports a large proportion of its gas. Elaine Maslin reports from the Offshore Mediterranean Conference, Ravenna. Bruno Lescoeur…
Petrobras encountered the presence of light oil at well 3-BRSA-1296-SES in concession BM-SEAL-10, BlockSEAL-M-499 in the Sergpipe basin’s ultra deepwaters offshore Brazil. According to Petrobras, the higher market value light oil has good reservoir porosity and permeability…
Subscribe
