Offshore Drilling Moving Out of Shale’s Shadow

Offshore is ready for the limelight again.   After years in the shadow of the US shale patch, deep-water explorers from Royal Dutch Shell Plc to Talos Energy Inc, along with contractors such as Ensco Plc and TechnipFMC Plc, told investors at the Scotia Howard…

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BHP Mulling a Bid for Blackstone-Backed Bluewater

BHP Group is among the potential bidders for Blackstone Group LP and LLOG Exploration Company’s oil-exploration joint venture Bluewater, according to people with knowledge of the matter.   The Bluewater business, which is also attracting interest from closely held Fieldwood Energy LLC, is focused on…

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Wave energy system could be adapted for platforms

Eni has activated the Inertial Sea Wave Energy Converter production unit at a site offshore Ravenna, eastern Italy.   The system is designed to convert energy generated by waves into electricity and is adapted to operate in a variety of sea conditions to ensure high…

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Minnesota Regulators Greenlight Enbridge’s Oil Pipeline

Enbridge Inc’s embattled Line 3 crude oil pipeline was given the final green light from Minnesota regulators, just two weeks after the Canadian energy company said the project would be delayed by a year.   The Minnesota Public Utility Commission voted unanimously on the 26th…

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Successful Appraisal Drilling at Eridu Field in Iraq

Lukoil and Inpex Corporation have successfully completed testing of the fifth well as part of the appraisal phase at the Eridu field (Block 10) in the southern part of Iraq.   The well recorded daily flow rate of more than 1,500 cubic metres of oil…

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ION announces new multi-client programme offshore Central America

ION Geophysical has announced a new 2D multi-client reimaging programme off the Pacific coast of Central America.   The Maya Reprocessing programme covers unexplored open acreage which has not had E&P activity in 40 years.   Previous exploration wells along the margin suggest the presence…

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Saudi Aramco, McDermott Sign Deal For New Oil Services Facility

Saudi Aramco signed a land lease agreement with McDermott Arabia Company on the 26th March to establish an engineering, procurement, construction, and installation (EPCI) facility in the King Salman International Complex for Maritime Industries in Ras Al-Khair, Saudi Arabia.   A joint press release said…

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