Offshore Production News - page 250

 

Mozambique's CMH posts 25.6% y-o-y increase

Sep 17, 2014

Mozambique's state oil and gas company, Companhia Moçambicana de Hidrocarbonetos SA (CMH) posted a profit of US$37.8 million in 2013, a year-on-year increase of 29%, according to the company’s report and accounts for last year. According to a CMH report cited by the Mozambican press…

Eni finds oil in Angola

Sep 17, 2014

Eni has discovered oil in Block 15/06, in the Ochigufu exploration prospect offshore Angola. ENI said the find was 'important' and would be fast tracked to production through the Ngoma floating production, storage and offloading vessel on the company's West Hub development…

Rio Oil and Gas: Brazil could become top 10 producer

Sep 16, 2014

Brazil could be poised to become one of the largest oil producers in the world, according to senior executives speaking at this year’s Rio Oil and Gas conference.  Monday’s Shell luncheon at the event offered an outlook on the changes…

Golden Eagle PUQ deck installation

Sep 16, 2014

Watch as Nexen’s video gives insight into the four-day operation needed to lift and install the production, utilities and quarters (PUQ) deck for the Golden Eagle area development offshore, approximatley 70km northeast of Aberdeen…

Exxon announces Tapis EOR start up

Sep 15, 2014

ExxonMobil Exploration & Production Malaysia Inc. (EMEPMI) announced the startup of the Tapis enhanced oil recovery (EOR) project, off the coast of Terengganu, Malaysia, in the South China Sea. Operations began with water-alternating…

Dow introduces several technologies at Rio Oil & Gas

Sep 15, 2014

Dow is introducing technologies developed for multiple oil and gas applications, including extraction, production, refining, gas treatment and oil distribution, at Rio Oil & Gas 2014. Dow says their technologies improve energy efficiency…

Denmark - the last of a dying breed

Sep 15, 2014

Denmark is the European Union’s (EU) only net exporter of oil. The Nordic state’s oil exports totalled approximately 13.7MMboe in 2013. This is in stark contrast to the EU’s only other significant oil producer, the UK, which became a…

Centrica finds gas in Pegasus West

Sep 12, 2014

The Centrica Energy-operated 43/13b-7 Pegasus West well in the Southern North Sea indicated the presence of gas, reported partner Atlantic Petroleum. Following the analysis of available data, the joint venture has decided to drill stem test the well…

Mitsubishi entering Côte d’Ivoire

Sep 12, 2014

Japan’s Mitsubishi Corp. acquired 20% of US-based Anadarko Petroleum’s interest in Block C1-103 off the coast of Côte d’Ivoire, becoming the first Japanese company to enter the oil and gas exploration business in the area. Map of Block C1-103…

Eni CEO investigated for corruption

Sep 11, 2014

Four months after taking to the helm of Italian state-run Eni, CEO Claudio Descalzi is now the subject of a corruption investigation related to the acquisition of the large and lucrative deepwater oil prospecting lease (OPL) 245 offshore Nigeria…

CNOOC opens 33 blocks off China

Sep 11, 2014

State-run China National Offshore Oil Corp. (CNOOC) issued an exploration tender inviting foreign oil companies to bid for 33 oil and gas blocks. The gas blocks cover an area of 126,108sq km off east and southern China. CNOOC says…

CNOOC begins drilling off China

Sep 11, 2014

CNOOC Ltd. began drilling at the WZ12-10-1 exploration well in the Beibu Gulf Block 22/12, offshore China. Map from Horizon Oil The well is located 4.7km east-northeast from Roc’s existing…

Sembcorp buys SSP and builds new facility

Sep 10, 2014

Singapore’s Sembcorp Marine announced they invested millions of dollars in the purchase of an American company and in a new facility in Singapore. The SSP Hub is capable of integrated delivery…

GE enters Freeport LNG project

Sep 10, 2014

GE Oil & Gas announced that it is providing both technology and capital to help expedite construction of the Freeport LNG gas liquefaction and liquefied natural gas (LNG) export project in Southeast Texas. GE is supplying the main refrigeration compressors…

Ebola may disrupt West African oil & gas operations

Sep 09, 2014

Oil and gas exploration and production programs in West African states are under increasing risk due to the failure to contain the Ebola virus, potentially depriving the region’s economy of millions of dollars a day, according to an analyst with research and consulting firm GlobalData…

Current News

Valaris MS-1 Offshore Drilling Rig Reaches Sasanof-1 Well Site

Valaris MS-1 Offshore Drilling Rig Reaches Sasanof-1 Well Site

Brouwershaven to Resign as CEO of Heerema to Focus on New Challenges

Brouwershaven to Resign as CEO of Heerema to Focus on New Challenges

Eni, TotalEnergies Start Drilling on Cronos-1 Prospect Offshore Cyprus

Eni, TotalEnergies Start Drilling on Cronos-1 Prospect Offshore Cyprus

Output from IOG's Southern North Sea Fields Shut Over Issues with Onshore Terminal

Output from IOG's Southern North Sea Fields Shut Over Issues with Onshore Terminal

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