Deepwater


All posts for Deepwater

Azinam: Rig Secured to Drill Prospect S in PEL 71, Offshore Namibia

Azinam Limited (“Azinam”), the Seacrest Capital Group backed explorer focused on offshore Namibia, is pleased to announce that the Ocean Rig Poseidon sixth generation deep water drillship has been contracted by the licence partnership to drill one firm and one optional well, with the first well tar ...

OilVoice Press - OilVoice


Posted 14 days agoPress > AzinamRigOffshore +4

Shell Adds Competitive, Deep-Water Production in the U.S. Gulf of Mexico

Shell Offshore, Inc. (Shell), a subsidiary of Royal Dutch Shell plc, announces today the early start of production – around one-year ahead of schedule – at the first phase of Kaikias, an economically resilient, subsea development in the US. Gulf of Mexico with estimated peak production of 40,000 ba ...

OilVoice Press - OilVoice


Posted 18 days agoPress > ShellRoyal Dutch ShellGOM +7

Well-Safe Announces Five P&A Clubs to Tackle Late Life Activity Challenge

  Well-Safe Solutions has now set up five different P&A clubs to reduce the cost of well plug and abandonment, following significant interest in this innovative approach by operators in the North Sea.   The P&A club concept, launched recently by the Aberdeen-based well abandonment specialist, in ...

OilVoice Press - OilVoice


Posted 1 month agoPress > Well-SafeLate Life Activitywell +5

Gazprom: TurkStream Line 1 Completed

Today at the Black Sea coast of Turkey, the deep-water pipelay for Line 1 of the  TurkStream  offshore gas pipeline has been completed. Enlarged photo (JPG, 16.8 MB) The average rate of the deep-water pipelay carried out by the pipelaying vessel Pioneering Spirit was 4.3 km/day. The ma ...

OilVoice Press - OilVoice


Posted 1 month agoPress > GazpromTurkStreamOffshore +4

BP Selects Nexans for its Mad Dog 2 Project in the US

Nexans to Supply Umbilicals and Accessories for BP's Mad Dog 2 Project In Gulf Of Mexico  Nexans Norway will supply static and dynamic umbilicals and accessories for a deep-water oil and gas production development in the United States. The project is part of the five-year frame agreement b ...

OilVoice Press - OilVoice


Posted 1 month agoPress > BPNexansMad Dog +8

Shell Invests in the Vito Development in the Gulf of Mexico

Shell Offshore Inc. (Shell), a subsidiary of Royal Dutch Shell plc, today announces the final investment decision for Vito, a deep-water development in the U.S. Gulf of Mexico with a forward-looking, break-even price estimated to be less than $35 per barrel. This decision sets in motion the constru ...

OilVoice Press - OilVoice


Posted 1 month agoPress > ShellVito DevelopmentGulf Of Mexico +3

NPD: Drilling Permit for Well 7221/12-1 in Production Licence 659

The Norwegian Petroleum Directorate (NPD) has granted Aker BP ASA a drilling permit for well 7221/12-1, cf. Section 15 of the Resource Management Regulations. Well 7221/12-1 will be drilled from the Deepsea Stavanger drilling facility in position 72 o 8' 18.68" north and 21 o 55' 50.32" east. ...

OilVoice Press - OilVoice


Posted 1 month agoPress > NPDNorwayNorwegian Petroleum Directorate +6

Statoil Completes Acquisition of US Gulf of Mexico Deepwater Discovery

Statoil and Total have completed their acquisition of Cobalt International Energy's 60% operated interest in the North Platte discovery in the US Gulf of Mexico for an aggregate prurchase price of USD 339 million. The partners have jointly presented the winning bid for the asset in a bankrupt ...

OilVoice Press - OilVoice


Posted 2 months agoPress > StatoilTotalAcquisition +7

Over $25bn Will be Spent on Nigeria’s Upstream Capex to 2020, Says GlobalData

An average capital expenditure (capex) of $8.4bn per year will be spent on 249 oil and gas fields in Nigeria between 2018 and 2020. Capex into Nigeria's oil and gas projects will add up to $25.3bn over the three-year period in upstream capex by 2020, according to GlobalData , a leading data and ...

OilVoice Press - OilVoice


Posted 2 months agoOpinion > NigeriaCAPEXGlobalData +8

ExxonMobil Wins Eight Deepwater Blocks in Latest Brazil Bid Round

ExxonMobil now one of Brazil's largest acreage holders among international companies Adds more than 640,000 net acres to ExxonMobil's deepwater portfolio offshore Brazil Seismic data acquisition planned in 2018 for operated blocks announced in 2017 IRVING, Texas--( BUSINESS WIRE )-- ExxonMobil ...

OilVoice Press - OilVoice


Posted 2 months agoPress > BrazilExxon MobilExxon Mobil Corporation +6

Shell Expands Brazil Operated Footprint With New Deep-Water Blocks

Shell Brasil Petroleo, a subsidiary of Royal Dutch Shell plc (“Shell”), today won four additional deep-water exploration blocks in the Campos and Potiguar basins, bringing its total operated presence offshore Brazil to 18 blocks. In the 15th deep-water bid round organized by the Brazilian National ...

OilVoice Press - OilVoice


Posted 2 months agoPress > ShellBrazilDeepwater +4

BP Approves Mad Dog Phase 2 Project in the Deepwater Gulf of Mexico

$9 billion project will bring second platform to the super-giant Mad Dog field at less than half of original cost HOUSTON- BP has sanctioned the Mad Dog Phase 2 project in the United States, highlighting its long-term commitment to the country despite the current low oil price environment. ...

OilVoice Press - OilVoice


Posted 3 months agoPress > BPMad Dog Phase 2Mad Dog +6

Investment in Tight Oil, Oil Sands, and Deepwater Drives Long-Term Oil Production Growth

Source: U.S. Energy Information Administration, International Energy Outlook 2017 Reference case Upstream investment in crude oil and liquids production is highly sensitive to crude oil prices, particularly production of higher-cost resources from tight rock formations, oil sands, and offs ...

OilVoice Press - OilVoice


Posted 3 months agoOpinion > EIAEnergy Information Administration EIAOil +5

MDL GoM RDS Completes First Mission

Global flex-lay equipment specialist Maritime Developments Limited (MDL) has completed a deepwater project in the Gulf of Mexico (GoM) for Subsea 7 and a supermajor. The project work scope included handling and installation of a deepwater umbilical using the MDL RDS-400-02, supported by the com ...

Aleksandra Jurczak


Posted 4 months agoPress > MDLpipelayDeepwater +3

Shell Wins Nine Key Blocks in Mexico Deep-Water Bid Round

In today's deep-water bid round for the Mexican Gulf of Mexico, Shell Exploración y Extracción de México, S.A. de C.V., (“Shell”) won four exploration blocks on its own, one with its partner Pemex Exploración y Producción and four with its partner Qatar Petroleum International Limited. Shell will b ...

OilVoice Press - OilVoice


Posted 4 months agoPress > ShellRoyal Dutch ShellMexico +7