With investments flowing into Brazil and Mexico, deep-water opportunities abound for the two countries, according to Martin Stauble, Shell’s vice president of exploration for North America and Brazil. “From a deep-water perspective both countries are certainly exciting hubs to pay attention to,” Mr Stauble…
The adage “time is money” applies to weather forecasts for the offshore oil and gas industry. Gaining greater insights into anticipated weather, wind, sea state and visibility conditions helps offshore companies make better, more cost-effective decisions regarding operational matters such as vessel rates, personnel…
AIM-listed Chariot Oil & Gas, the Atlantic margins focused oil and gas company, has announced the completion of the independent Competent Persons Report (‘CPR’) by Netherland Sewell & Associates Inc (‘NSAI’) over the satellite prospects adjacent to the Anchois-1 gas discovery in the Lixus Offshore…
In its latest monthly Short-Term Energy Outlook, the US Energy Information Administration forecasts Brent spot prices will average US$70/bbl in 2019 and US$67/bbl in 2020, both about US$5/bbl higher than in last month’s STEO. This compares with an average of US$71/bbl in 2018. EIA’s…
The Dutch capital of Amsterdam has pledged to ban all petrol and diesel cars and motorcycles from 2030 as part of a plan to improve the city’s air quality. The plan, announced on the 2nd May, will start next year with a ban of…
In a corner of outback Australia, a drilling crew will soon try tapping shale rocks which could hold more than three times the world’s annual consumption of natural gas. Origin Energy Ltd plans to drill two wells later this year in the Northern Territory’s…
RockRose Energy expects to spend around $85 million on its North Sea E&P assets. Much of this is related to the Arran gas field tieback to Shell’s Shearwater platform in the UK central North Sea. Elsewhere in the sector, programmes are under way to…
Offshore driller Island Drilling Company has been awarded a contract with Faroe Petroleum Norge to drill one well in the Norwegian Sea, using the Island Innovator drilling rig. The well is located on PL888 Canela licence, Block 6507/7, located west of Heidrun field offshore…
Angus Energy has provided an update on operations at its Brockham well site. The BRX4Z side-track has now been successfully re-perforated from 988 – 1044m MD, in order to establish the best possible communication with the fracture system present in the Kimmeridge Clay Formation….
The Woodlands liquefied natural gas company Excelerate Energy has placed its second offshore LNG facility in Bangladesh into service. Specialising in offshore import terminals which use a special type of LNG tanker known as floating storage and regasification units, or FSRUs, Excelerate Energy said…
