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Exploration started with a bang in 2019 with a frontier discovery by a Total led joint venture at Brulpadda in South Africa, which follows the hugely successful play opening Liza discovery in Guyana in 2015 by an Exxon led JV.
The company and its joint venture partners BP and Japex announced that the final investment decision for the Seagull oil project in the UK North Sea has been agreed.
The company has entered into a joint venture with Talos Energy which will see it earn a 16.67% working interest in the Green Canyon 21 lease in the Gulf Mexico.
The PDO was submitted on 28 March and presented to the Minister of Energy, Hon. John Peter Amewu, at the Ministry of Energy in Accra, Ghana.
EIA’s Annual Energy Outlook 2019 (AEO2019) Reference case projects that U.S. tight oil production will continue to increase through 2030, ultimately reaching more than 10 million bpd in the early 2030s.
The provider of operational efficiency and risk management services has sustained notable year-over-year growth with a 40% increase in installed customer sites.
Trendsetter Engineering, Inc has announced that is has been awarded a contract for the provision of subsea production equipment from an operator in the Gulf of Mexico.
The company, which specialises in delivering drone inspections and asset visualisation software for energy infrastructure, has been acquired by funds advised by Magnesium Capital LLP.
Hook-up and commissioning of all four platforms will take place alongside the tie-back of the eight pre-drilled production wells, ahead of expected first oil in November 2019.
The contract is for the support of Shell’s exploration campaign in Black Sea, Bulgaria, in partnership with Bulgarian operator Bon Marine.
The oil discovery was made in the second exploratory well H2, located in the block KG-OSN-2009/3.
GeoSoftware, part of CGG’s Geoscience Division, has renewed the donation of its HampsonRussell seismic reservoir characterisation software to CERENA/Instituto Superior Técnico (IST) University in Lisbon, Portugal.