Offshore
Exploration & Production , Acquisitions & Divestitures
Norway's Equinor Adds Acreage Offshore Argentina
Equinor has taken a 50% stake in Argentina's largest offshore block, CAN 100, as part of its collaboration with the South American country's state-controlled oil firm YPF.
Field Development
Shell Marks Milestone At Field Offshore Brazil
As the Parque das Conchas marks 10 years of production, the field’s operations manager recalls challenges overcome and looks to the future.
Discoveries
Equinor, Partners Find Oil At Sputnik In Barents Sea
The well, drilled to a vertical depth of 1,569 m below the seabed by the West Hercules semisubmersible rig, encountered a 15-m oil column in a Triassic sandstone reservoir, Equinor said in a news release.
Exploration & Production
Exxon Mobil: Production Shut At Hibernia Oil Platform After Power Outage
Power was restored the same day, but production has not yet resumed, the company said in a statement.
Discoveries
Lundin Strikes Oil At Goddo Prospect In North Sea
Drilled by the Leiv Eiriksson semi-submersible drilling rig, the well encountered weathered and fractured basement in an estimated 20-m oil column, Lundin Petroleum said in a news release.
Acquisitions & Divestitures
BW Offshore Wins Brazil Approval For $115 Million Oilfield Purchase
Norway's BW Offshore has won approval from Brazilian oil regulator ANP for the purchase of the Maromba oilfield, part of the Oslo-listed company’s plan to become an operator and not just a supplier of oil services, platforms and ships.
Field Development
Husky To Resume Full Production At White Rose Field
Husky, the operator and majority owner of the White Rose Field, said it expects production there to ramp up to about 20,000 barrels per day after the start-up.
Business , Exploration & Production
Eyeing Offshore Discovery, Suriname’s State Oil Company Plans Bond Sale
Staatsolie would also consider listing some of its shares on the New York or London stock exchanges to help raise between $1 billion and $2 billion to develop its offshore drilling program, the company's CEO said.
Exploration & Production
Exxon Mobil: Canada’s Hibernia Oil Platform Resumes Production
The platform will take necessary time to reach full production in a safe and environmentally responsible manner, the company said in a statement.
Exploration & Production , Lease Sales
Angola Gears Up For Roadshows For Offshore Licensing Round
Angola will showcase offshore blocks considered frontier in advance of upcoming licensing rounds during presentations set for Angola, Houston, London and Dubai in September.