Offshore Regions News - page 1027

 

Carnarvon: New Dorado Survey Data In

Feb 12, 2020

Australian oil company Carnarvon Petroleum has received preliminary results of the 2019 Keraudren 3D seismic survey carried out over the acreage containing the giant Dorado oil discovery in the Bedout Basin offshore W. Australia.Carnarvon is a partner in the field…

ExxonMobil, Noble Corp. in Guyana Drillship Pact

Feb 12, 2020

The U.S. oil major ExxonMobil has signed a framework agreement with offshore drilling contractor Noble Corporation to extend the contracts for the three drillships currently operating for Exxon in Guyana, and potentially add more work and more rigs…

Scrap Heap Challenge for Marginal Fields

Feb 12, 2020

Succeeding with marginal developments was a central topic to an entire afternoon session and yesterday’s Subsea Expo event in Aberdeen.Led by the Oil and Gas Authority (OGA), it was a session with some genuinely new ideas and open minds on show…

Leviathan Group Seeking FLNG Partner

Feb 12, 2020

The energy companies that own Israel's offshore Leviathan gas field are seeking partners to build a floating liquefied natural gas (FLNG) platform and possibly to explore for oil in ultra-deepwater, a CEO from the group said. Leviathan, one…

Greater Tortue Ahmeyim Partners Sign LNG Sales Deal with BP

Feb 12, 2020

Kosmos Energy has said that it has, with its partners in the offshore Senegal/Mauritania Greater Tortue Ahmeyim project, signed a deal to sell 2.45 million tonnes per annum of LNG to BP's subsidiary BP Gas Marketing.The sales and purchase agreement is valid for an initial term of up to 20 years…

ConocoPhillips' Norway Wildcat Comes Up Dry

Feb 12, 2020

ConocoPhillips has drilled a duster at its production license 917, in the North Sea, offshore Norway.The well 25/7-9 S was drilled about 7 kilometers northwest of the Balder field in the central part of the North Sea and 200 kilometers west of Stavanger…

Chevron Picks Aquaterra's Sea Swift Platform for Angola Field

Feb 12, 2020

Chevron has hired Aquaterra Energy for the design and support installation of a Sea Swift offshore platform at an offshore field in Angola.Destined for the Lifua-A field, the conductor supported platform (CSP) will be designed and installed in 60m of water…

Total CEO Dismisses Tullow Takeover Idea

Feb 11, 2020

Total Chief Patrick Pouyanne dismissed the idea it might buy its partner in East Africa and Guyana, Tullow Oil, whose share price slumped to 19-year lows in December over a string of bad news, stoking takeover speculation.Total is a partner…

Vineyard Wind to Miss Startup Target Over Permit Delay

Feb 11, 2020

Vineyard Wind, the developer of the first major U.S. offshore wind farm, said on Tuesday it will miss its target to start sending power to Massachusetts by 2022 due to lengthy federal permitting delays.The Bureau of Ocean Energy Management, part of the U…

$4.2 Billion Indian Spending Spree Ahead

Feb 11, 2020

Projects worth $4.2 billion in capital expenditure (capex) are expected to get underwater offshore India this year and next, an event in Aberdeen this morning was told.The projects, across India’s Krishna Godavari (KG) Basin in the Bay of Bengal…

Opportunities Abound in Asia Pac

Feb 11, 2020

Decommissioning in Southeast Asia and Australia offers a US$100 billion opportunity out to 2040 with a million tonnes of steel to be removed and thousands of wells to be sealed, a business breakfast in Aberdeen was told this morning.Blair Miller…

ConocoPhillips Keeps Bristow Helicopters Busy at Ekofisk

Feb 11, 2020

The U.S. oil company ConocoPhillips has extended contracts for offshore helicopters services in Norway with offshore transportation giant Bristow.Under the extension, valid through August 31, 2024, and as part of two separate contracts, Bristow…

Aker BP to Test Robots and Drones at Skarv

Feb 11, 2020

Aker BP said it plans to trial robots and drones for autonomous inspection, data capture and automatic report generation on its operated Skarv installation in the Norwegian Sea during 2020.The Norwegian focused exploration and production firm…

Favorable Ruling for Petrobras in Sete Rig Case

Feb 11, 2020

Brazilian oil company Petrobras has informed that an arbitration tribunal has ruled in its favor in a case related to the Sete Brasil rig orders.Petrobras said that the arbitration tribunal rejected a claim made by an investor in Sete Brasil Participações S…

Rystad Slashes Oil Demand Forecast on Coronavirus Impact

Feb 11, 2020

Oslo-based energy market intelligence firm Rystad Energy has slashed its global oil demand forecast for 2020 by a quarter, citing the impact of the novel coronavirus.Rystad has pointed to the fact that the coronavirus epidemic in China has triggered…

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