Oct. 21 (msn.com) ExxonMobil (XOM) is nearing completion of its seismic data acquisition program offshore Trinidad and Tobago, marking a key milestone in the company’s first year of exploration activities under its production sharing contract, and is expected to drill an exploration well in 2028, Energy Minister Roodal Moonilal said Tuesday. With the seismic campaign... Continue Reading →
United Oil & Gas eyes billion-barrel Jamaican drilling targets as it maps out next steps
Oct. 20 (offshore-energy.biz) With more than a billion barrels of oil in its sights, Ireland-headquartered and AIM-listed United Oil & Gas (UOG) is laying the groundwork for its next offshore move to sweeten the pitch for prospective partners in the Caribbean, with a fresh study that maps out a double-digit rig pool, local logistics, and... Continue Reading →
FPSO P-82 sets sail towards Brazil
Oct. 20 (TN) On October 18, the FPSO P-82 departed from the Tuas Boulevard Yard in Singapore, bound for the Búzios field in the pre-salt region of the Santos Basin—the field with the largest reserves and production volume in Brazil. The P-82 is one of six giant FPSOs commissioned by Petrobras; with a nominal production... Continue Reading →
Rockhead among wells ExxonMobil is evaluating for potential Ranger tiebacks
Oct. 19 (oilnow.gy) ExxonMobil is evaluating wells near its Ranger discovery offshore Guyana for possible tiebacks to a future development, with Rockhead among the wells drilled this year. John Ardill, ExxonMobil’s vice president, outlined the work in a LinkedIn post. The exploration and appraisal program is gathering subsurface data to assess a commercial development in... Continue Reading →
Guyana’s Uaru Gold crude to resemble Liza’s medium-sweet grade – S&P Global
Oct. 17 (oilnow.gy) Guyana’s Uaru Gold crude is expected to enter the market in December with a quality profile closely resembling the country’s first-produced Liza grade, according to preliminary assay data reviewed by Platts, part of S&P Global Energy, on October 14. The new grade is expected to have an American Petroleum Institute (API) gravity... Continue Reading →
Bacalhau marks its first year of production as Equinor celebrates 25 years in Brazil
Oct. 15 (TN) Equinor is celebrating the first year of production at the Bacalhau field, reaching the milestone of 25 offloading operations and 25 million barrels of oil produced. This achievement coincides with the company’s 25th anniversary in Brazil and underscores the field’s strategic importance to Equinor’s long-term growth in the country. Operated by Equinor—in... Continue Reading →
Guyana may scale back LNG plans as Exxon needs more gas for its wells, sources say
Oct 15 (Reuters) - ExxonMobil has told Guyana it will need more offshore gas to maximize oil production than the government had expected, potentially leaving less for liquefied natural gas production and exports, two people close to the talks said. Guyanese officials are now weighing whether to shrink a planned LNG project or skip exports... Continue Reading →
South Africa dismisses appeals against exploration in TotalEnergies Block 3B/4B
Oct 15 (Reuters) - South Africa's environment minister has dismissed a challenge lodged by conservationists against an environmental authorisation to allow exploration in TotalEnergies-operated Block 3B/4B off the country's West Coast. The decision by Environmental Affairs Minister David Maynier, dated October 13 and seen by Reuters, is the latest in a series of appeals and... Continue Reading →
Angola aims for faster oil and gas concessions as part of new regulatory revamp
Oct 15 (Reuters) - Angola intends to implement faster exploration concessions from next year as part of a new long-term hydrocarbon strategy that aims to attract investment and stimulate oil and gas production, a senior government official said on the sidelines of an energy conference in Cape Town. Here are some details: The 25-year plan... Continue Reading →
Houston-based subsea services provider finds local partner in Brazil
Oct. 15 (offshore-energy.biz) Houston-based Zupt, part of Swiss technology group Rosenxt Group, has signed a framework agreement with Brazil's Mitang Brasil - Soluções Submarinas to jointly support subsea services in Brazil. Based in Rio de Janeiro, Mitang provides offshore survey and positioning services, with experience in LBL positioning, USBL calibration, hydrographic survey, dimensional control, and... Continue Reading →