Archive for the ‘Offshore Projects’ Category
Royal Dutch Shell PLC announced a series of transactions involving the sale of oil and gas assets in the UK North Sea and Thailand worth a total of nearly $5 billion.
Conference: ExxonMobil country manager says Liza to flow at 100,000 b/d
January 27th, 2017 by Latest News
ExxonMobil Corp.’s giant Liza discovery offshore Guyana will have an average production of 100,000 b/d of oil when it begins flowing in 2020 according to the company’s Country Manager Jeff Simons. It also expects to produce 165 MMscfd of natural gas that will be mainly used for reinjection into the wells.
W&T Offshore brings well on stream at Mahogany field in Gulf of Mexico
January 26th, 2017 by Latest News
W&T Offshore Inc., Houston, started production on Jan. 17 from the Ship Shoal 349 A-18 well at Mahogany field in the Gulf of Mexico.
EnQuest PLC is to buy a 25% stake in Magnus oil field in the UK North Sea from BP PLC,
along with smaller interests in the Sullom Voe oil terminal, the
Northern Leg Gas Pipeline, and the Ninian Pipeline System for $85
million.
BP PLC has started production from the Thunder Horse South expansion
project in the deepwater Gulf of Mexico. It’s expected to boost
production at the Thunder Horse facility by an estimated 50,000 boe/d
gross.
PJSC Gazprom Neft has drilled two oil production wells in
Prirazlomnoye field in the Pechora Sea in the Russian Arctic. One well
has had production of 1,760 tonnes/day.
The Juniper platform has set sail for the southeast coast of Trinidad where it will be installed as BP Trinidad and Tobago LLC’s 14th offshore installation.
CNOOC Ltd. reported that oil production has started from the Enping 23-1 group of oil fields, which lie in about 90 m of water in the South China Sea’s Pearl River Mouth basin.
Inpex Australia has let a 5-year, subsea and geoscience services contract to Dutch multinational services firm Fugro NV for operations on Inpex’s Ichthys natural gas-LNG project in the Browse basin, 220 km offshore Western Australia.
Inpex Corp., Tokyo, reported an agreement in principle with Abu Dhabi National Oil Co. to extend the duration of joint development of Satah and Umm Al Dalkh oil fields offshore Abu Dhabi.