ExxonMobil makes two discoveries offshore Guyana
The Fangtooth and Lau Lau discoveries in the Stabroek block will add to previous recoverable resource estimate of 10 billion oil-equivalent barrels.
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The Fangtooth and Lau Lau discoveries in the Stabroek block will add to previous recoverable resource estimate of 10 billion oil-equivalent barrels.
The four contracts awarded to Valaris include a one-well contract with Kosmos Energy in the US Gulf of Mexico for semisubmersible VALARIS DPS-5.
First gas is expected at Southwark in mid-2022 after the planned installation in 1Q22 of the 6 km Saturn Banks pipeline extension to the Southwark platform.
A US$946 million EPC contract has been awarded by ADNOC Offshore to National Petroleum Construction Company for the development of the Umm Shaif field.
The 168 OCS block survey began in August 2021 and is expected to be completed during the first quarter of 2022.
The prestigious awards ceremony, organised by the Global Underwater Hub, will take place on 23 February, 2022, at P&J Live in Aberdeen.
GlobalData’s analysis of oil product flows suggests that when kerosene is excluded, oil product demand in 3Q21 had fully recovered — compared to the same period in 2019.
The US EIA forecasts that US dry natural gas production will increase from 95.1 billion ft3/d in October 2021 to 97.5 billion ft3/d by December 2022.
Hunting PLC has announced an agreement to form a new 49:51% joint venture with Jindal SAW Ltd.
The most significant contributors to this steep decline were the Bakken and Permian plays, which saw reduced flaring of around 50 million ft3/d each in September.
The COP26 summit in Glasgow set an ambitious new target when it comes to limiting methane emissions in pursuit of climate change goals. How can oil & gas companies – which will ultimately play a significant role in making good on that commitment – help to achieve it? Catriona Penman and Oz Rodriguez of Lloyd’s Register Software outline how technology can keep the target within reach.
The extensions will see the business continue to provide its specialist integrated rig inspection services to assets across Europe, West Africa and the Gulf of Mexico.