Petrobras makes Santos Basin discovery
Oil has been discovered n the pioneer well of the Uirapuru block, located in the Santos Basin pre-salt offshore Brazil.
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Oil has been discovered n the pioneer well of the Uirapuru block, located in the Santos Basin pre-salt offshore Brazil.
The latest Kwanza Shelf survey will provide key data for the Angolan 2021 Licence Round.
Sapakara West-1 was drilled to a depth of approximately 6300 m (20 700 ft), and successfully tested for the presence of hydrocarbons in multiple stacked targets.
The 5600 km2 survey will be undertaken over 90 days and is an extension of Atlantic Margin surveys acquired between 2017 and 2019.
ANP announced the suspension in compliance with a request from the country's Ministry of Mines and Energy.
The project is due to commence in 2Q20 and last approximately 3 months.
The expanded coverage over the Malvinas and Austral Basins adds to Searcher’s existing data in the area.
Australia's National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has advised of its acceptance of the Scarborough offshore project proposal.
The company has announced a 30% reduction in 2020 CAPEX to US$300 million.
At 4265 ft (1300 m), the first well that has been opened for early first gas is the deepest water depth opened by ONGC.
The company has said it has sufficient liquidity to weather the challenges of low commodity prices and the Covid-19 pandemic.
Silver Eagle says the self-propelled design is capable of working at greater water depths and in harsh environments.