Skandi Buzios in flames at Brazilian port
The Skandi Buzios has been involved in a fire while docked at a Brazilian port, according to local news agencies.
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CNOOC Ltd launches Brazil project, offshore CCS
“The successful commissioning of the Enping 15-1 oilfield CCS demonstration project will strongly support the company’s efforts in increasing reserves and production and pursuing green and low-carbon development,” said CEO Zhou Xinhuai.
Petrobras confirms talks with Adnoc, Apollo
In May, reports suggested Adnoc and Apollo had offered $7.6 billion for Braskem.
Rockhopper Exploration in ‘strong position’ as Italian settlement collects £1m a month
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Rockhopper Exploration says it is in its ‘strongest position for many years’ in the wake of a successful arbitration case against the Italian government, and a revamped plan for Sea Lion.
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Skandi Buzios in flames at Brazilian port
The Skandi Buzios has been involved in a fire while docked at a Brazilian port, according to local news agencies.
CNOOC Ltd launches Brazil project, offshore CCS
“The successful commissioning of the Enping 15-1 oilfield CCS demonstration project will strongly support the company’s efforts in increasing reserves and production and pursuing green and low-carbon development,” said CEO Zhou Xinhuai.
Petrobras confirms talks with Adnoc, Apollo
In May, reports suggested Adnoc and Apollo had offered $7.6 billion for Braskem.
Rockhopper Exploration in ‘strong position’ as Italian settlement collects £1m a month
Rockhopper Exploration says it is in its ‘strongest position for many years’ in the wake of a successful arbitration case against the Italian government, and a revamped plan for Sea Lion.
Chevron makes $7.6bn all-stock offer for PDC
The deal valued PDC at $6.3 billion, or $72 per share. The company is currently trading at around $65, with the deal offering a 11% premium.
FSO hook up complete, Perenco looks to Brazil’s regulators
Perenco bought a 100% stake in the Pargo, Carapeba and Vermelho fields from Petrobras. After adjustments, Perenco paid $398 million for the assets offshore Rio de Janeiro state. It also took over the decommissioning liability.
Decommissioning: The Gulf of Mexico’s $30bn unplugged oil well problem
In the US waters of the Gulf of Mexico alone, there are 14,000 unplugged, non-producing offshore oil wells, according to a new study, which could cost $30bn to decommission.
Diamond Offshore wins $212m contracts in North Sea and US
The Ocean Patriot, released early from its Apache North Sea contract, is off to work for Repsol Sinopec.
Former P&J editor launches ‘digital twin’ drone business
Damian Bates, the former editor of the Press and Journal (P&J) newspaper in Aberdeen, has launched a drone – digital twin business serving the oil and gas sector.
SBM wins $3bn FPSO maintenance contract in Guyana
SBM said it would operate the units via an Integrated Operation Model. This will involve seconding ExxonMobil Guyana employees to some onshore and offshore positions.
US LNG may take top billing, but the future is uncertain
Tusiani said a third wave of US LNG export plans would need equity to get off the ground. “It’s not a slam dunk. There’s a lot of environmental hurdles, there’s a lot of issues, uncertainty with buyers.”
Exxon greenlights fifth project offshore Guyana
Six FPSOs could be producing on Stabroek by the end of 2027, with capacity of more than 1.2 million bpd. The number of FPSOs could rise to 10, aiming to produce the more than 11 billion barrels.
Wintershall pinpoints Mexico for diversified E&P growth
Speaking this morning at a media roundtable, Wintershall CEO Mario Mehren said the company was focused on two strategic priorities. “Diversification, through moderate growth for our E&P business. And decarbonisation, by building up our carbon management and hydrogen business.”
New Ecopetrol CEO tanks stock on second day in the job
“Ecopetrol certainly needs to grow its portfolio,” they said. “The strong emphasis on energy transition, the position to not seek new exploratory contracts and the idea of becoming a relevant power generator player” are debatable, they wrote.
Oil companies rejected by US Supreme Court on climate suits
The US Supreme Court turned away oil-company appeals that sought a key procedural edge in about two dozen lawsuits blaming the industry for contributing to climate change.
US approves controversial Alaska LNG megaproject
A statement from EarthJustice said the Alaska LNG plan “now has most of the approvals needed for it to move forward. The ultimate fate of the project, however, is far from certain.”
Production start-up for BP at Gulf of Mexico mega platform
Oil production has successfully got begun at BP’s (LON: BP) Argos platform, the oil giant’s fifth in the Gulf of Mexico.
Four workers affected after fire on Trinidad oil platform
An oil platform was forced to shutdown and four people were affected after a fire broke out on Monday night, local time.
Exxon, Pioneer held preliminary talks over possible deal: WSJ
Oil giant Exxon Mobil (NYSE: XOM) has held preliminary talks with Pioneer Natural Resources over a possible acquisition of the fracking company, the Wall Street Journal reported, citing people with knowledge of the matter.
Oil and gas projects: Down at the foot of the Atlantic league table
The Atlantic Ocean Basin covers roughly 20% of Earth’s surface. With neighbouring seas like the North Sea and Caribbean, it covers about 106.4million square km (41.1million sq. miles) and hosts the most diverse array of offshore oil and gas provinces anywhere.
Seadrill to ‘clean up’ drilling fleet with plans to offload surplus rigs
Seadrill’s (NYSE: SDRL) chief executive is bullish about the company’s future after a period of “strategic repositioning”, in which it emerged from Chapter 11 bankruptcy.
KBR wins FEED work at Bay du Nord FPSO
The service company noted the importance of tackling carbon emissions. It said it would help develop “one of the lowest carbon emitting” FPSOs in the world.
Pemex, Talos agree to share some decisions on Zama oil field
Petroleos Mexicanos and Talos Energy have finalized a plan to develop the giant oil field Zama in a deal that will enable Talos and its partners to participate in operational decisions after the Mexican state oil giant was granted operatorship.
Shell takes FID on Gulf of Mexico’s Dover tieback
Shell (LON:SHEL) has announced it will move forward with Dover, a new subsea tieback to its Appomattox hub in the US Gulf of Mexico.
Worley, ABB win North Dakota GTL work
The $2.8 billion plant will also be equipped with carbon capture and storage (CCS).
