Offshore Deepwater News - page 38

 

About 31% Oil, 33% Gas Output Shut in U.S. Gulf After Storm

Jun 10, 2020

About 31%, or 575,541 barrels per day (bpd), of offshore crude oil production remain[ed] shut in the U.S.-regulated Gulf of Mexico on Tuesday following the passage of Tropical Storm Cristobal, the U.S. government said.About 33%, or 898.32 million cubic feet a day (cfd)…

TGS Completes 3D Seismic Survey in Santos Basin, Brazil

Jun 09, 2020

Norwegian offshore seismic data firm TGS has completed an additional phase of the Santos Basin 3D Multi-Client seismic survey in Brazil. 'The survey is located south of the high-profile discoveries in the Santos Basin and the recent sought-after blocks offered in Rounds 15 and16…

U.S. Gulf of Mexico Oil Firms Resuming Output as Storm Passes

Jun 09, 2020

Energy companies on Monday began preparations to resume oil and gas production in the U.S. Gulf of Mexico, a day after Tropical Storm Cristobal blew through with high winds and heavy rains.Producers had evacuated 182 offshore facilities and shut in about a third of oil and gas production in U…

Storm Forces GoM Operators to Evacuate 185 Platforms

Jun 08, 2020

Offshore oil and gas operators in the U.S. Gulf of Mexico have evacuated workers from 185 production platforms and three drilling rigs in the wake the tropical storm Cristobal, the Bureau of Safety and Environmental Enforcement (BSEE) said on Sunday…

Down But Not Out: Aker Energy Committed to Developing Ghana Offshore Oil Field Despite Delay

Jun 05, 2020

Norwegian oil firm Aker Energy, which operates the Pecan offshore oil field development offshore Ghana, is not giving up on the project, despite having recently delayed a Final Investment Decision 'indefinitely' due to the plunge in oil prices…

Oil Producers Evacuating GoM Workers Ahead of Storm

Jun 03, 2020

BP Plc began turning off production at three platforms in the northern Gulf of Mexico and evacuating workers because of the threat from Tropical Storm Cristobal, forecast to make landfall in Louisiana over the weekend, the company said.Norwegian…

Sonardyne USBLs Installed on Brazilian Geoscience Vessels

Jun 02, 2020

Brazilian geoscience services company OceanPact Geociências has chosen deep water positioning technology from Sonardyne Brasil Ltda. to support its geophysical, geotechnical and environmental research operations across the region.Ranger 2 Ultra…

Shell Begins Drilling Saturn Block Offshore Brazil

May 21, 2020

Royal Dutch Shell has begun drilling the Saturn block in the Santos pre-salt basin, the company's Brazil chief said on Thursday, adding that Brazil faces hurdles to remain attractive in a low-price environment.Brazil's No. 2 oil producer after state-run Petroleo Brasileiro…

Angola's Oil Exploration Evaporates

May 20, 2020

The coronavirus pandemic has done in a handful of months what even a 27-year civil war did not: it has brought oil drilling to a halt in Angola, Africa's second-largest oil producer.The consequences could be grave for a poor country that relies…

Petrobras Sees No Need to Cut Oil Production

May 15, 2020

Brazil's state-run Petrobras sees no need for cuts in oil production, executives say, as the market for its crude remains robust in China, while domestic demand for fuel picks up amid social distancing fatigue in Latin America's largest economy…

Brazil's Petrobras Warns Economy has Changed Forever. Books $11.2B Impairment

May 15, 2020

Brazil's Petrobras took a 65.3 billion real ($11.2 billion) impairment on its exploration and production assets on Thursday, warning investors that changes in consumer behavior resulting from the coronavirus pandemic would likely be permanent…

Ghana Instructs Eni and Local Producer to Combine Oil Fields

May 08, 2020

Ghana has directed Eni SpA and Springfield E&P to begin talks to combine their adjacent oil and gas fields, according to a letter seen by Reuters.The April 9 letter from Energy Minister John-Peter Amewu to the two companies says seismic data indicates that Eni's Sankofa offshore field…

Pacific Drilling Left with One Offshore Rig in Operation

May 08, 2020

Pacific Drilling's drillship Pacific Santa Ana has been placed on a reduced standby rate, the drilling company said in its first-quarter report on Thursday, leaving the company with only one rig actually working at the moment - the Pacific Khamsin…

Repsol-led Group Makes Deepwater Oil Discoveries Offshore Mexico

May 05, 2020

A consortium led by Spain's Repsol including Germany's Wintershall DEA and Thailand's PTTEP have discovered two deepwater oil fields in the Gulf of Mexico, the companies said on Monday.Mexican President Andres Manuel Lopez Obrador has slammed…

Brazil Oil Production Rose in March Despite Pandemic

May 04, 2020

Brazil produced 2.973 million barrels per day of oil in March, up 0.1% from February and up 16.1% from the same month a year before, national oil regulator ANP said on Monday.The figures suggest that production cuts announced at the end of March…

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