It took a long time for exploration to make its impact offshore East Africa. Now it has, will there be another wait for LNG projects to look profitable? Professor Alex Kemp reflects. Image from iStock…
A flurry of major gas discoveries in East Africa in 2012 shone a spotlight on the region. Four years later, while efforts to bring some of those resources to market via LNG developments are progressing, the exploration effort offshore appears to be in the doldrums…
Exploration firm Far Ltd. has disputed announcements by both Woodside Petroleum and ConocoPhillips that a deal between the two firms over assets in Senegal has completed. The deal has seen Woodside acquire 100% of the shares in ConocoPhillips' Senegal business…
First oil on EnQuest's Kraken heavy oil field in the UK North Sea is on track for 1H 2017 after the floating production, storage and offloading (FPSO) vessel for the project set out for a deepwater anchorage. Vessel operator Bumi Armada…
Global offshore oil production (including lease condensate and hydrocarbon gas liquids) from deepwater projects reached 9.3 MMb/d in 2015. Deepwater production, or production in water of depths greater than 125m, has increased 25% from nearly 7 MMb/d a decade ago…
French oil major Total has made a deepwater oil discovery in the Black Sea, Bulgaria, opening up a new play. The discovery was announced in Total's Q3 results and while unnamed has been identified as the Polshkov-1 well, which the firm…
Mexico’s national oil company Pemex has awarded French seismic firm CGG a major contract to deliver an orthogonal wide-azimuth integrated solution designed to optimize subsalt seismic imaging in the geologically complex deepwater of the Perdido area…
Brazil’s Petrobras and France’s Total have entered into a strategic alliance for upstream and downstream activities in Brazil, that will expand internationally. Image of Pouyanné, from Total. Petrobras…
Subsea 7 has been awarded a substantial contract on the BP-operated deepwater Atoll field offshore Egypt. Atoll, a 1.5 Tcf and 31 MMbbl condensate field, in 900m water depth in the North Damietta Offshore Concession in the East Nile Delta…
Galp Energia has signed a memorandum of understanding (MoU) with Petrobras aimed at extending the cooperation between the two firms. Galp and Petrobras intend to further explore areas of cooperation, in potential oil and gas exploration…
In this video, US supermajor Chevron shows a 360° video tour of its Jack/St. Malo facility, its largest deepwater offshore platform, offshore the US Gulf of Mexico. The Jack and St. Malo fields were co-developed with subsea completions…
Supermajor BP has dropped its deep water drilling plans in the Great Australian Bight, offshore South Australia. The project will not be able to compete for capital investment with other upstream opportunities in its global portfolio in the foreseeable future…
Sea Trucks was awarded a contract by an international oil major to West African Ventures, Sea Trucks’ principle Nigerian business, for the provision of an accommodation vessel to a deepwater field, offshore Nigeria. The scope of work covers accommodation support services for 250 passengers…
With the downturn taking many drillships off the market, ABS’ Dave Forsyth and Landon Fields discuss how to bring those ships back up to speed when the market recovers. Safe and rapid reactivation…
CGG has started a large broadband 3D multi-client survey in the pre-salt area of the deep water Santos Basin, offshore Brazil. Santos VII (Saturno) is the third phase in CGG’s most ambitious pre-salt project to date, collectively known as the Santos Basin Trilogy…
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