Offshore Deepwater News - page 7

 

Magseis Fairfield Wins GoM Contracts

Dec 27, 2019

Norwegian based Magseis Fairfield announced Friday it has been awarded two consecutive deepwater ocean bottom node (OBN) projects in the Gulf of Mexico by an undisclosed repeat customer.The surveys will be carried out in the Mississippi Canyon…

Seabed Study Precedes Planned Licensing Round in Nigeria

Dec 25, 2019

As Nigeria looks ahead to a possible oil licensing round in mid-2020, the plan has received a major boost with the launch of the West Africa country’s first ever regional multi-client Multibeam and Seafloor Sampling Study (MB&SS).The data gathering…

ExxonMobil Discovers Oil Offshore Guyana

Dec 23, 2019

ExxonMobil made a deepwater oil discovery at the Mako-1 well offshore Guyana, the US supermajor announced on Monday, just days after reporting first oil from the nearby Liza field on Friday.The 15th discovery on the Stabroek Block, the new find…

TGS Begins Deepwater Nigeria Survey Work

Dec 22, 2019

TGS-NOPEC Geophysical Company ASA (TGS) and PetroData, are to undertake Nigeria's first regional multi-client Multibeam and Seafloor Sampling (MB&SS) Study.The geoscience data company that provides the global energy industry solutions said the study will cover an area of approximately 80…

Congo Offshore to Reap from New Data Model

Dec 18, 2019

In Africa, as the count of offshore oil and gas blocks that are getting depleted continues to rise, some producing countries are opting to invest in seismic data to enable identification and demarcation of new blocks while at the same deploying more high end technology…

Shearwater Bags ONGC Contract

Dec 17, 2019

The marine geophysical services company Shearwater GeoServices has been awarded a combined 2D and 3D broadband marine seismic acquisition campaign by Oil and Natural Gas Corporation (ONGC) in Eastern Offshore, India.The contract is planned for execution in the first half of 2020…

Subsea 7 to Install Risers at Lingshui 17-2

Dec 17, 2019

Services firm Subsea 7 said it has been awarded a contract to install risers for CNOOC’s Lingshui 17-2 gas field development project in the South China Sea.The contract from Offshore Oil Engineering Co. (COOEC) — worth between $50 million and…

Guyana Seeking Oil Buyers

Dec 16, 2019

Guyana has invited companies interested in purchasing the first three deliveries of the government's share of the country's looming oil production to present bids this week, the government said in a statement on Sunday.The government will later…

Deepwater Investments to Grow +5% in 2020

Dec 15, 2019

Though overall global upstream investments in 2020 will decrease by around 4%, deepwater will be the only segment expected to grow above 5% next year, spelling a boom for the industry, said a report.Rystad Energy is forecasting that overall…

GoM: Total Begins Two Deepwater Projects

Dec 12, 2019

Total S.A announced the final investment decision (FID) to develop the Anchor oil field located in the deepwater U.S. Gulf of Mexico (GoM), off the coast of Louisiana.Additionally, front-end engineering and design (FEED) has begun for the North Platte discovery in the deepwater GoM…

OneSubsea to Supply 20K SPS for Chevron's Anchor

Dec 12, 2019

Oilfield services company Schlumberger announced Thursday that its subsea arm has received a contract from Chevron to provide an integrated subsea production and multiphase boosting system for the deepwater Anchor field in the US Gulf of Mexico…

W&T Takes Over as Magnolia Operator

Dec 12, 2019

W&T Offshore announced it has acquired a 75% working interest in and operatorship of the Magnolia field in the central region of the deepwater Gulf of Mexico from ConocoPhillips for $20 million. The oil-weighted producing property, located in Garden Banks blocks 783 and 784…

Comment: Equinor’s New E&P El Dorado

Dec 12, 2019

It’s been quite a month for Equinor — new stakes in European wind; new Gulf of Mexico deepwater acreage; new frame contracts for major suppliers plus an endorsement from the International Energy Agency for its energy mix.Not bad — oh, and an…

Chevron Hits Go on Anchor

Dec 12, 2019

US supermajor Chevron announced Thursday it will move ahead with the high-profile Anchor project in the U.S. Gulf of Mexico, targeting first oil production in 2024.The $5.7 billion deepwater project is the first ultra-high pressure development to reach a final investment decision (FID)…

Talos Scoops Up US Gulf Assets

Dec 11, 2019

US-based Talos Energy announced it has spent $640 million to acquire a portfolio of producing assets, exploration prospects and acreage in the US Gulf of Mexico.The exploration and production company announced on Tuesday that it has signed definitive…

Current News

OPEC+ Confirms Agreement to Cut 10 Mln BPD in May, June

OPEC+ Confirms Agreement to Cut 10 Mln BPD in May, June

David Roodenburg Takes Over as Huisman CEO

David Roodenburg Takes Over as Huisman CEO

Saudi, Russia Closing in on Record Oil Cut Deal

Saudi, Russia Closing in on Record Oil Cut Deal

OPEC+ Considers Oil Cuts Above 12 Mln BPD

OPEC+ Considers Oil Cuts Above 12 Mln BPD

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