Offshore

Discoveries

CNOOC Makes 100 MMton Oilfield Discovery in Bohai Sea

CNOOC said the Qinhuangdao 27-3 oilfield has been tested to produce approximately 742 bbl/d of oil from a single well.

March 18, 2024

Discoveries , Deepwater

Orange Basin Serves Up More Light Oil

Galp’s Mopane-2X exploration well offshore Namibia found a significant column of hydrocarbons, and the operator is assessing commerciality of the discovery.

March 15, 2024

Wind , Joint Ventures

SBM Offshore, Technip Enter Floating Offshore Wind JV

EkWiL, the 50/50 joint venture entity between the companies, will deploy Technip’s Semi-submersible INO15 by T.E.N. and SBM’s Tension Leg Platform Float4Wind.

March 14, 2024

Wind , Markets

First US Utility-scale Offshore Wind Farm Starts Operations

The 12-turbine, 130-megawatt South Fork Wind project is a joint venture between Denmark's Orsted and New England-based electric utility Eversource.
 

March 14, 2024

Technology , Deepwater

Forum Energy Signs MOU to Develop Electric ROV Thrusters

The electric thrusters for ROV systems will undergo extensive tests by Forum Energy Technologies and SAFEEN Survey & Subsea Services.

March 13, 2024

Earnings , Crude Oil , Acquisitions & Divestitures

Will the Ends Justify the Means for W&T Offshore?

After several acquisitions toward the end of 2023, W&T Offshore executives say the offshore E&P is poised for a bounce-back year in 2024.

March 11, 2024

Exploration & Production

Coast Guard Confirms Amplify’s Platform Elly Unrelated to California Oil Sheen

Amplify Energy remains confident that the sheen off Huntington Beach, California is not related to its operations.

March 11, 2024

Discoveries , Deepwater

Eni Finds 2nd Largest Discovery Offshore Côte d’Ivoire

Deepwater Calao Field’s potential resources are estimated at between 1 Bboe and 1.5 Bboe.

March 8, 2024

Discoveries , Field Development

CNOOC Finds Light Crude at Kaiping South Field

The deepwater Kaiping South Field in the South China Sea holds at least 100 MMtons of oil equivalent.

March 7, 2024

Acquisitions & Divestitures

Danos Acquires Performance Energy Services

Danos Group Holdings will acquire all PES business units, the Houma administrative office and waterfront operations facility.

March 7, 2024