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.

October 21, 2019

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.

October 21, 2019

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.

October 18, 2019

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.

October 17, 2019

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.

October 17, 2019

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.

October 17, 2019

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.

October 16, 2019

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.

October 16, 2019

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).

October 16, 2019

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.

October 15, 2019