Offshore
Field Development
Shell, Consortium Exit Two Kazakh Offshore Projects
Shell had invested about $900 million in Khazar, a unit of Kazakh state energy firm KazMunayGaz said in a statement.
Field Development , Tankers
Equinor To Ship First Sverdrup Oil Cargo To China
The buyer is China International United Petroleum & Chemicals Co. Ltd. (UNIPEC), a part of the SINOPEC Group.
Reservoir Evaluation
VAALCO Energy: Appraisal Well Confirms Oil Offshore Gabon
Drilled to a total depth of 10,260 ft, the Etame 9P appraisal well encountered both Gamba and Dentale oil sands, the company said in a news release.
Technology
Walk This Way: Saving Weight On Offshore Platforms
Lean duplex stainless steel can serve as an alternative to hot-dipped galvanized steel for walkway gratings.
Discoveries
Premier Oil Hits Gas At Tolmount East In North Sea
The company said the results have positive implications for other targets in the area, including Tolmount Far East and the Mongour discovery.
Deepwater
Shell Aims To Operate Egypt Concessions In Second Half Of 2020
Royal Dutch Shell is aiming to start operating in its concession areas in Egypt in the second half of 2020, a senior executive said.
Exploration & Production
US GoM Oil Production Moves Toward Another Record
Oil production from fields in federal waters of the U.S. Gulf of Mexico is forecast to hit an average of 1.9 million barrels per day this year.
Exploration & Production
Petrobras Signs Letters Of Intent For Two FPSOs
Brazilian state-run oil firm Petrobras has signed letters of intent with Japan’s Modec Inc. and Malaysia’s Yinson Holdings Bhd for charter contracts for FPSOs, the company said Oct. 15.
Deepwater , Drilling , Subsea
LLOG Exploration Orders Subsea Trees For Shenandoah Project In Deepwater GoM
LLOG Exploration Offshore has signed a subsea tree order with TechnipFMC on Oct. 15 for its Shenandoah project in deepwater of the Gulf of Mexico (GOM).
Exploration & Production , Lease Sales
Brazil Approves More Bidders For Upcoming Presalt Oil Auction Round
Norwegian Equinor ASA, Brazilian Enauta Participacoes SA, Compania Espanola de Petroleos S.A.U. and Petroleos de Portugal Petrogal SA, controlled by Galp Energia SGPS SA, are joining the bidders.