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…
ExxonMobil started oil production at the Kizomba Satellites Phase 2 subsea development project off Angola. The Kizomba B FPSO. From BP. Phase 2 of Kizomba is a subsea infrastructure development of the Kakocha…
Singapore-based KrisEnergy hit oil at the first exploration well in the Wassana oil field, offshore Thailand. Thai drilling campaign map. From KrisEnergy. Rayrai-1 intersected about…
Chevron Australia made an additional gas discovery at the Greater Gorgon Area in the Carnarvon Basin, offshore northwest Australia. The Isosceles-1 exploration discovery well found about 134m of net gas pay in the Triassic Mungaroo Sands in 968m water depth…
Anglo-Australian multinational mining, metals and petroleum company BHP Billiton has signed exploration licenses for two offshore Barbados blocks in what could be a return to drilling off the Caribbean Island. BHP is reported to be the…
Italian energy company Eni started production two weeks ahead of schedule at the deep offshore Cinguvu oil field in the West Hub development project in Block 15/06 offshore Angola. The development is sited 350km northwest of Luanda and 130km west of Soyo…
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