CNOOC hits large oil and gas find in Bohai Bay

CNOOC Limited has made a large  oil and gas discovery Bozhong 13-2 in Bohai Bay located offshore China.   The Bozhong 13-2 structure is located in the south-western Ring of Bozhong Sag in Bohai Bay with an average water depth of about 23.2 metres.  …

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Fugro wins survey work offshore four continents

Fugro has detailed its recent contract awards in the company’s latest results statement.   In the offshore oil and gas sector, the company is performing a geotechnical/environmental survey for Eni’s Agogo field development in block 15/06 off Angola, positioning services in block 52 offshore Suriname…

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Premier gets the nod for Balmoral decommissioning plans

Premier Oil’s decommissioning plans for the Balmoral field, located in the UK North Sea, have been approved by UK authorities.   Premier Oil submitted its decommissioning programmes to the UK authorities in September 2020.   The document contains the decommissioning programmes for the Balmoral floating…

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NPD: A lot of oil and gas left on Norwegian shelf

The Norwegian Petroleum Directorate (NPD) has revealed that the Norwegian continental shelf (NCS) holds another eight billion standard cubic metres of oil equivalent (Sm3 o.e.).   NPD said on the 17th February that the eight billion Sm3 o.e. left to be produced on the NCS…

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Angola to Allow Limited Exploration in Protected Zones

Angolan lawmakers have revoked a ban on exploration for crude and natural gas in protected natural reserves, including the Kassanje Basin and the wildlife-rich Okavango River Basin.   Prospecting will be allowed in 5% of protected zones and “possibly” only 3% will be drilled, Mineral…

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DEME to install two Hollandse Kust offshore substations

The joint venture ENGIE Solutions-Iemants has contracted DEME Offshore to transport and install the jackets and topsides for two Hollandse Kust offshore substations in the Dutch North Sea.   The company will also supply and install scour protection for both substations, which will be installed…

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US annual LNG exports to exceed pipeline exports by 2022

US LNG exports will exceed natural gas exports by pipeline in the first and fourth quarters of 2021 and on an annual basis in 2022, according to the US Energy Information   Administration’s (EIA) February 2021 Short-Term Energy Outlook (STEO). EIA forecasts that monthly US…

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Chrysaor begins drilling in southern North Sea

Chrysaor Norge AS has started drilling the Jerv 15/12-25 exploration well in production licence (PL) 973, close to the UK border in the southern North Sea, directly south of Grevling and Storskrymten discoveries.   An early drill decision was taken in PL973 to accelerate identification…

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Insurance Jottings

Lloyd’s outlines plans to reopen underwriting room mid-April Lloyd’s has set out plans to reopen the underwriting room the week commencing the 12th April ahead of the UK government’s update on the roadmap out of lockdown next week., (beginning the 22nd April)   150 Years…

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