Royal Dutch Shell announced that production has started at Appomattox floating production system months ahead of schedule, opening a new frontier in the deep-water U.S. Gulf of Mexico. Appomattox, which currently has an expected production of 175,000 boed, is the first commercial discovery brought into production in the deep-water...
The president of the National Oil, Natural Gas and Biofuels Agency (ANP), Décio Oddone, said in late May that “there is room” for the postponement to 2020 of at least one of the three major oil auctions for the second half of this year. “Three auctions in the same semester...
Greek Cypriot energy minister says energy companies will drill in search of natural gas in waters off the east Mediterranean island’s southern coast at eight separate sites over the next two years. Speaking at a presentation of his ministry’s works between March 2018 and April 2019 Georgios Lakkotrypis said Tuesday...
ENI has made a new light oil discovery in Block 15/06, in deep-water offshore Angola. The well was drilled on the Ndungu exploration prospect. The new discovery is estimated to contain up to 250 million barrels of light oil in place, with further upside. The Ndungu-1 NFW well is located...
China’s CIMC Raffles has confirmed it has signed a two-year contract with CNOOC for the lease of the giant ultra-deepwater semi-submersible drilling rig, the Bluewhale I. To remind, Offshore Energy Today reported on the deal back in late March – based on data from Bassoe Offshore – however, it was...
With interest high in oil and gas opportunities offshore Brazil, the country known for its deep water and huge presalt reserves is preparing for to tender more offshore blocks in 2019. Investors will have plenty of opportunities to take part in strengthening Brazil’s energy sector. The main one, according to...
DNV GL is urging offshore oil and gas operators to implement a new solution using floating wind turbines to power water injection for oil recovery. “WIN WIN” (WINd powered Water INjection) was conceived in 2013 by DNV GL and is now ready for prototype development after two joint industry projects...
Rosnedra has confirmed a record oil find in the Yenisey River delta. Russia’s state mineral extraction agency estimates that the Paykha fields may hold as much as 8.4 bbls where the Yenisey flows into the Kara Sea. Russia's business daily Kommersant called the estimate one of the largest...
A new climate friendly offshore platform is in the making as BP targets carbon emissions with green tech. The company is “deadly serious” about reducing emissions from oil and gas production, said Gordon Birrell, BP’s COO for production, transformation and carbon, at OTC. Some in the industry are finding ways...
Petrobras digital transformation technology is high on the company's agenda, chief technology and production development executive officer Rudimar Andreis Lorenzatto told a "topical luncheon" audience on Day 1 at the 2019 OTC in Houston. Petrobras is the world's largest deepwater producer. Lorenzatto said the company's technological targets include: digital twins...