Offshore

Deepwater

Top 12 Recent Gulf of Mexico Discoveries

May 2021: Pliocene Discovery in Mississippi Canyon Block 503 Flows 1,089 bbl of Oil, 22.519 MMcf of Gas per Day

May 14, 2021

Exploration & Production , Digital Oilfield

How to Deliver Data-driven Value to Offshore Operators

Condition based maintenance has the potential to deliver data-driven value to offshore operations on two major conditions—that the data leveraged is of high quality and that decision makers are willing to accept risk.

May 13, 2021

Investment , Policy & Regulations , Energy Transition

Biden Administration Approves First Major US Offshore Wind Farm

Approval of the Vineyard Wind project, which will be located off the coast of Massachusetts, is a significant milestone in the more than decade-long effort to permit a commercial-scale offshore wind project in U.S. waters.

May 12, 2021

Exploration & Production

Chevron Shuts Tamar Gas Field Offshore Israel as Unrest Flares

The Israeli energy ministry said all of Israel’s energy needs will continue to be met despite the shutting down of Tamar.

May 12, 2021

Field Development

Australia Hits Oil Producers with Levy to Decommission Abandoned Timor Sea Field

The move, announced in the government’s 2021-22 budget late May 11, came as a surprise as it was not flagged in a proposed new framework for decommissioning rules set out last month.

May 12, 2021

People , Drilling

Former Pacific Drilling CEO Bernie G. Wolford Joins Diamond Offshore

In his appointment, Bernie G. Wolford Jr. succeeds Marc Edwards, Diamond Offshore’s former chairman, president and CEO who retired from the company following its emergence from Chapter 11 bankruptcy last month.

May 11, 2021

Discoveries

Shell Makes ‘Significant’ Oil Discovery in Deepwater GoM

The Leopard well hit more than 600 ft of net oil pay at multiple levels, Shell said.

May 11, 2021

Deepwater , Seismic

TGS Commences Acquisition on Santos 3D Multiclient Phase 4 Offshore Brazil

TGS, a global provider of energy data and intelligence, said on May 10 it has commenced acquisition on Santos multiclient 3D Phase 4 survey offshore Brazil.

May 10, 2021

Deepwater , Seismic

CGG Bags OBN Imaging Work with Equinor in Brazil

CGG has been awarded a major contract by Equinor on May 10 for the seismic imaging of its Bacalhau 3D ocean bottom node (OBN) survey covering 409 sq km currently being acquired in Brazil’s deepwater Santos Basin.

May 10, 2021

Exploration & Production

Petrobras Signs Contract to Build Seventh Platform in Buzios Field

The platform has the capacity to process 180,000 barrels of oil per day and 7.2 million cubic meters of gas per day, Petrobras said.

May 10, 2021