(OM) Woodside Energy has issued progress reports on its development projects in West Africa and Australia. Offshore Senegal, the first development well for the Sangomar field development Phase 1 has been drilled and completed, including installation of the xmas tree. It was also the first horizontal production well drilled in Senegal, the company said. Phase 1 was recently... Continue Reading →
Bourbon embarks on fleet transformation with 40 crew transport vessels in the works
French vessel owner and offshore services provider Bourbon has revealed plans to build 38 more new units after the first two crew boats from its new Bourbon Surfer-200X series completed their sea trials. Bourbon’s two new crew transport vessels in the Surfer-200X series have completed their sea trials off the Normandy coast in France. The vessels will... Continue Reading →
Exxon board debates dropping several major oil and gas projects – WSJ
(Reuters) - Exxon Mobil Corp (XOM.N) board is debating whether to continue with several major oil and gas projects amid a global push from investors for fossil fuel companies to be more cost-conscious and green-energy friendly, WSJ reported on Wednesday. Activist investor Engine No. 1 in May shocked the oil-and-gas industry when three of its four nominees... Continue Reading →
BW Energy brings online Tortue Phase 2 project off Gabon
Oil and gas company BW Energy has started production from the Tortue Phase 2 field development on the Dussafu Marin license located offshore Gabon. BW Energy kicked off its 2021 Gabon drilling campaign with the spudding of the Hibiscus Extension well (DHIBM-2), on the Dussafu Marin permit, in April 2021, using the Borr Norve jack-up drilling rig. It... Continue Reading →
Shearwater scores offshore South Africa
Norwegian seismic exploration company Shearwater GeoServices has secured a contract to carry out a “major” 3D seismic exploration survey offshore South Africa. The survey will be acquired by the Amazon Warrier and will cover more than 6,000 sqkm of 3D seismic data. The project is planned to last for approximately four months. According to Shearwater, the Amazon class... Continue Reading →
TotalEnergies Drilling World’s Deepest Offshore Well Using Maersk Voyager Drillship
French oil major TotalEnergies has exercised an option for Maersk Drilling's drillship Maersk Voyager to drill the ultra-deepwater Ondjaba-1 exploration well in Angola’s Block 48. The contract extension has an estimated duration of 54 days, which means that Maersk Voyager is now contracted until February 2022. The work on Ondjaba-1 began in October 2021, after... Continue Reading →
Occidental sells stakes in two Ghana fields for $750 million
Houston-based Occidental has agreed to sell its interests in two Ghana offshore fields for $750 million to Kosmos Energy ($550 million) and Ghana National Petroleum Corporation (GNPC) ($200 million). The sale to Kosmos closed upon signing and the sale to GNPC is expected to close in the fourth quarter of 2021. The transaction includes Occidental’s... Continue Reading →
Shearwater Starts 4D Survey for TotalEnergies Offshore Angola
Marine seismic services firm Shearwater GeoServices has kicked off a 4D monitor survey for TotalEnergies' Angolan subsidiary Total E&P Angola. The survey comprises a two-month Wide Azimuth Towed Streamer (WATS) 4D monitor survey in the Louro-Mostarda Development areas of Block 32. T Shearwater's Amazon Conqueror, equipped with the Isometrix multi-component streamer system will be used... Continue Reading →
Angolan oil production down, gas up
(OM) Angola’s crude oil production has declined almost 30% in just six years, from 1.7 MMb/d in 2015 to just shy of 1.2 MMb/d in 2021, according to GlobalData. The company now expects further decline for the country through to 2025, which is forecast to see about 1.1 MMb/d – despite the multiple expansion projects that... Continue Reading →
BW Energy wins two blocks in core areas off Gabon
Oil and gas company BW Energy, in partnership with Vaalco Energy and Panoro Energy, has been awarded two exploration blocks offshore Gabon, close to its Dussafu licence and within tie-back distance of existing infrastructure. According to its update on Monday, BW has been provisionally awarded operatorship of two blocks in the 12th Offshore Licensing Round... Continue Reading →