NORTH AMERICA
DNV GL will oversee design review activities for Bay du Nord, Equinors first oilfield development offshore Newfoundland and Labrador. The location is in the Flemish Pass basin, 480 km (298 mi) northeast of St Johns, with an investment decision planned for summer 2021. Current plans call for an FSPO with a disconnectable turret mooring system and four subsea wells connected to subsea templates. Equinor aims for start-up in 2025.
Late last year Pemex was preparing to start commercial operations at its new Abkatun-2 platform in the Bay of Campeche offshore Mexico. McDermotts built the structure the largest project to date for the yard in Altamira to provide expansion/replacement capabilities for the offshore Ku-Maloob-Zaap, Cantarell and Ayatsil field facilities.
BP has discovered a new gas field 80 km (50 mi) offshore Trinidads southeast coast. The Ginger exploration well, designed to test two fault blocks east of the Cashima field in water depths of less than 91 m (300 ft), found hydrocarbon-bearing reservoirs in 15 separate segments.
The company has since engaged Aker Solutions to perform front-end engineering and design (FEED) for a minimal facilities platform for the Cypre project offshore Trinidad and Tobago. This could be the first of a series of unmanned facilities for BP in the region.
ExxonMobil has authorized SBM Offshore to start FEED work for a third FPSO for the Stabroek block offshore Guyana. The hull for the Payara oil development will be of SBMs Fast4Ward design, similar to the FPSO Liza Unity currently under construction for the Liza Phase 2 project. Following installation, SBM will lease and operate the vessel, to be named Prosperity, for up to two years before transferring ownership and operation to ExxonMobil. The vessel, moored in a water depth of around 1,900 m (6,234 ft), will be capable of producing 220,000 b/d of oil with associated gas treatment capacity of 400 MMcf/d. Saipem will have EPCI responsibilities for around 130 km (81 mi) of flowlines, risers and umbilicals for Payara, repeating its role in Liza Phases 1 and 2.
Tullow Oil and partners Total and Eco (Atlantic) Oil & Gas have agreed to enter the next phase of exploration on the Orinduik block, close to Stabroek, following their heavy-oil Jethro and Joe discoveries in 2019. They will likely target further prospects in the Tertiary and deeper Cretaceous intervals.
Petrobras was the sole major to lodge bids as operator for Brazils Transfer of Rights Agreement bid round in the presalt Santos basin late last year. The company secured a 90% operated interest in surplus volumes in the giant deepwater Bzios field, in partnership with CNODC Brasil and CNOOC Petroleum Brasil (5% each). In addition, Petrobras was awarded full rights to the Itapu fields surplus volumes in the same region. To date the company has installed four FPSOs on Bzios which collectively produce 600,000 boe/d, with a fifth floater set to join them in 2022.
Colombias Ecopetrol has agreed to farm into 30% of the BM-S-54 concession and the Sul de Gato do Mato production-sharing agreement, both in the presalt Santos basin and including the Gato do Mato oil discovery. Operator Shell would reduce its present stake to 50%. Three wells drilled to date on the blocks have encountered light hydrocarbons.
BP has discovered another potential gas giant offshore Mauritania. The Orca-1 well, drilled 125 km (77.7 mi) from the coast in 2,510 m (8,235 m) of water, targeted a previously untested Albian play. Results, according to partner Kosmos Energy, exceeded expectations with the well delivering 36 m (118 ft) of gas pay in good-quality reservoirs. It also extended the Cenomanian play fairway, intersecting 11 m (36 ft) of net gas pay in a down-structure position relative to the Marsouin-1 discovery. Kosmos estimated in-place reserves at 13 tcf.
The same partners have contracted McDermott International to fabricate the subsea production system and to manage the SURF scope for the Greater Tortue Ahmeyim project off Mauritania and Senegal at the companys Batam yard in Indonesia.
Woodside Energy has submitted the first-phase development plan for the deepwater Sangomar oil and gas field to Senegals government. The project, 100 km (62 mi) south of Dakar in the Sangomar Deep Offshore block, will eventually produce 485 MMbbl of oil and 160 MMboe of gas. Phase 1, targeting 230 MMbbl of oil, calls for a 100,000-b/d capacity FPSO with 23 subsea wells and is scheduled to come onstream in early 2023. The vessel will also be designed to accommodate extra facilities serving future phases, including gas export to shore and tiebacks from other reservoirs and fields. Sangomar, formerly known as SNE, was renamed after an island that is also part of the countrys Saloum Delta National Park.
Senegals state oil company Petrosen planned to inaugurate the countrys first offshore licensing round at this months MSGBC Basin Summit & Exhibition. On offer are 10 blocks, mostly in ultra-deepwater, with the round remaining open until the end of July.
TGS, which is supporting the round with 2D and 3D seismic, multi-beam and seafloor sampling data from across the MSGBC basin, is doing a similar job for Liberias Petroleum Regulatory Authority, which is targeting an April launch for Liberias next offshore round. This covers nine blocks in the little-explored Harper basin. TGS has identified syn-rift structural traps over much of the area with analogues to producing fields in neighboring basins.
Blocks on offer in Liberias Harper basin bid round.(Courtesy TGS)
Nigerias National Assembly has voted to replace the current water depth-based royalty with a uniform 10% royalty for all the countrys deepwater production-sharing contracts and to introduce a further royalty arrangement based on the oil price. According to consultant Wood Mackenzie, the measures could raise royalty payments on deepwater fields from the present 0-8% to 14%, hitting the industry with a loss of value of $2.7 billion over the assets remaining lifespans. Although the government might benefit in the short-term from higher revenues, the change could cause investors to switch capital to projects elsewhere offering better returns.
Equatorial Guineas Ministry of Mines and Hydrocarbons has awarded offshore blocks to African, European and North American oil companies under the countrys EG RONDA 2019 bid round. Successful bidders included Lukoil, VAALCO Energy, and Nigerias WalterSmith. In addition, the Ministry signed a co-operation agreement with Vitol on the Gas Megahub project, which involves developing new offshore gas hubs to monetize presently stranded gas resources offshore Equatorial Guinea. The government also hopes to extend the network to fields off neighboring Nigeria and Cameroon.
BW Energy has modified its Ruche development plan offshore Gabon to accommodate the recent Hibiscus oil discovery in the Dussafu license. Ruche Phase 1 production should now double from 15,000 to 30,000 b/d, with the planned wellhead platform moved 4 km (2.5 km) to the west to tie in production from Hibiscus, where four wells will be drilled in addition to the two Ruche wells. First oil is slated for late 2021; up to seven more wells could follow under Phase 2 in order to maintain plateau production. The estimated capex now stands at $445 million.
First gas was due to flow early this month through the new Balticconnector pipeline between Finland and Estonia. Commissioning of the system finished in late November when the offshore section through the Baltic Sea, laid by Allseas, was filled with gas, pressurized and connected to Estonias gas transmission network. The system, which will be bi-directional, has a design capacity of 7.2 MMcm/d.
Hungarys MOL has agreed to pay Chevron $1.57 billion for its interests in the Azeri-Chirag-Gunashli (ACG) oilfield in the Caspian Sea offshore Azerbaijan and the Baku-Tbilisi-Ceyhan pipeline that transports the fields crude to Ceyhan on the Turkish Black Sea coast. If regulatory consents come through for the deal, MOL will become the largest partner in the six-platform ACG complex, which produced 584,000 b/d in 2018.
The jackup Foresight Driller IX was due to spud an appraisal well last month for Masirah Oil on the Yumna oilfield in block 50 offshore Oman. The contract included options for extended well testing and further drilling. Wings Offshore in Singapore is converting the Aframax tanker Mt Bull Papua to store the produced crude.
Late last year the first two jackets were loaded out for Qatar Petroleums North Field expansion project offshore Qatar. The company also revealed plans to further raise Qatars LNG production capacity, supplied by North Field gas, by 64% to 126 MMt/yr in 2027.
Singapore-based KrisEnergy has contracted PT Profab1 to construct a minimum facilities wellhead platform for the Apsara oilfield development in block A offshore Cambodia. The completed structures will be loaded onto a barge at Profabs yard in Batam, Indonesia, for transportation to the field location in the Khmer basin. Apsara is due to start production during the first half of this year at an initial rate of 7,500 b/d.
Vietnams government has approved Murphy Oils outline development plan for the Lac Da Vang oilfield in block 15-1/05 in the Cuu Long basin offshore southern Vietnam. FEED work is already under way.
CNOOC has started production from its Caofeidian 11-1/11-6 oilfield comprehensive adjustment project in 20-25 m (65.6-82 ft) of water in Chinas Bohai region. This involved connecting two new processing platforms to existing facilities at the Caofeidian oilfield. Twelve wells were onstream at start-up, and production should build to a peak of around 28,700 b/d in 2021.
Premier Oil has produced first gas from the Bison, Iguana and Gajah Puteru (BIG-P) fields in the Natuna Sea block A offshore Indonesia. The company expects to recover more than the 93 bcf targeted in its original project plan following a successful three-well drilling campaign. All production heads through existing block A infrastructure for export to Singapore.
See original here:
Global exploration and production - Offshore Oil and Gas Magazine
- Home | Discover Oil & Gas | Rigzone [Last Updated On: December 8th, 2016] [Originally Added On: December 8th, 2016]
- Offshore - Wikipedia [Last Updated On: December 8th, 2016] [Originally Added On: December 8th, 2016]
- EscapeArtist - Live, Work, Travel, Retire & Invest Overseas [Last Updated On: December 15th, 2016] [Originally Added On: December 15th, 2016]
- Offshore installation manager - Wikipedia [Last Updated On: December 30th, 2016] [Originally Added On: December 30th, 2016]
- Offshore Energy 17 [Last Updated On: January 12th, 2017] [Originally Added On: January 12th, 2017]
- Offshore Drilling and Exploration - The New York Times [Last Updated On: February 2nd, 2017] [Originally Added On: February 2nd, 2017]
- Offshore - novenco-marine.com.php56serv2.webhosting.dk [Last Updated On: February 5th, 2017] [Originally Added On: February 5th, 2017]
- Further decline in North Sea offshore supply work - BBC News [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- Japan ignores protests, begins offshore construction work on ... - RT [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- Offshore Drillers Are Still Seeking Recovery Enjoyed by Shale - Bloomberg [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- Offshore Profits and US Exports - Council on Foreign Relations (blog) [Last Updated On: February 8th, 2017] [Originally Added On: February 8th, 2017]
- Diamond Offshore Surprises Everyone With a Fourth Quarter Earnings Gain - Madison.com [Last Updated On: February 8th, 2017] [Originally Added On: February 8th, 2017]
- Dems: Don't repeal offshore tax rules - The Hill [Last Updated On: February 8th, 2017] [Originally Added On: February 8th, 2017]
- Offshore Wind Moves Into Energy's Mainstream - New York Times [Last Updated On: February 8th, 2017] [Originally Added On: February 8th, 2017]
- Trump's Plan to Tap Offshore Profit for Infrastructure Gains an Ally - Bloomberg [Last Updated On: February 8th, 2017] [Originally Added On: February 8th, 2017]
- China Regulator Urges Insurers to Avoid 'Reckless' Offshore ... - Insurance Journal [Last Updated On: February 9th, 2017] [Originally Added On: February 9th, 2017]
- Perriello comes out against pipeline and, in a shift, says he is skeptical of offshore drilling - Washington Post [Last Updated On: February 9th, 2017] [Originally Added On: February 9th, 2017]
- AGL to head offshore amid limited growth options locally - The Sydney Morning Herald [Last Updated On: February 9th, 2017] [Originally Added On: February 9th, 2017]
- Should Diamond Offshore (DO) Stock Be in Your Portfolio? - Zacks.com [Last Updated On: February 9th, 2017] [Originally Added On: February 9th, 2017]
- Wind Overtakes Coal Power in Europe as Turbines Head Offshore - Bloomberg [Last Updated On: February 9th, 2017] [Originally Added On: February 9th, 2017]
- Cuba Eager to Develop Offshore Oil Reserves | OilPrice.com - OilPrice.com [Last Updated On: February 10th, 2017] [Originally Added On: February 10th, 2017]
- Eni starts production of East Hub Development Project, offshore Angola - Offshore Technology [Last Updated On: February 10th, 2017] [Originally Added On: February 10th, 2017]
- 'Fifty Shades Darker' Unmasks $22M In Offshore Foreplay International Box Office - Deadline [Last Updated On: February 10th, 2017] [Originally Added On: February 10th, 2017]
- Statoil looks to Newfoundland offshore after selling off all oilsands assets - Globalnews.ca [Last Updated On: February 10th, 2017] [Originally Added On: February 10th, 2017]
- Coalition urged to charge 10% royalty on offshore oil and gas projects - The Guardian [Last Updated On: February 10th, 2017] [Originally Added On: February 10th, 2017]
- Israel Puts Off License Award In First Offshore Oil, Gas Bid Round - OilPrice.com [Last Updated On: February 10th, 2017] [Originally Added On: February 10th, 2017]
- Cost Impact of Immigration and Visa Reform to US Customers Using Offshore Services - Forbes [Last Updated On: February 10th, 2017] [Originally Added On: February 10th, 2017]
- These Offshore Drilling Stocks Are Up Big as Earnings Season Starts - Fox Business [Last Updated On: February 10th, 2017] [Originally Added On: February 10th, 2017]
- Offshore projects help raise profile of wind power in US, Europe - WorkBoat (blog) [Last Updated On: February 11th, 2017] [Originally Added On: February 11th, 2017]
- Shares of Seadrill Went in the Exact Opposite Direction of Other Offshore Drillers in January - Motley Fool [Last Updated On: February 11th, 2017] [Originally Added On: February 11th, 2017]
- After selling off all oilsands assets, Statoil looks to Newfoundland offshore - Calgary Herald [Last Updated On: February 11th, 2017] [Originally Added On: February 11th, 2017]
- Oil and Gas Stock Roundup: The Outlook for Offshore Drilling Continues to Dim - Fox Business [Last Updated On: February 11th, 2017] [Originally Added On: February 11th, 2017]
- Diamond Offshore Surprises Everyone With a Fourth Quarter ... - Motley Fool [Last Updated On: February 12th, 2017] [Originally Added On: February 12th, 2017]
- Diamond Offshore Is A Hold - Seeking Alpha [Last Updated On: February 12th, 2017] [Originally Added On: February 12th, 2017]
- Trudeau: Arctic offshore drilling too dangerous - The Independent Barents Observer [Last Updated On: February 12th, 2017] [Originally Added On: February 12th, 2017]
- Don't Overlook This Cost-Effective Alternative To Offshore Services - Forbes [Last Updated On: February 14th, 2017] [Originally Added On: February 14th, 2017]
- Legislation could mean an economic boost in New Bedford offshore wind projects - SouthCoastToday.com [Last Updated On: February 14th, 2017] [Originally Added On: February 14th, 2017]
- Ontario signals extension on offshore wind project moratorium - BNN [Last Updated On: February 14th, 2017] [Originally Added On: February 14th, 2017]
- Oil Majors' Plans - No Relief For Offshore Drillers - Seeking Alpha [Last Updated On: February 14th, 2017] [Originally Added On: February 14th, 2017]
- Director hits back at offshore worker blacklisting claims - BBC News [Last Updated On: February 14th, 2017] [Originally Added On: February 14th, 2017]
- OPEC Report: Pressure On Offshore Drilling Remains - Seeking Alpha [Last Updated On: February 15th, 2017] [Originally Added On: February 15th, 2017]
- UK Offshore Wind Construction Had Bumper Year In 2016, Barbour ABI - CleanTechnica [Last Updated On: February 16th, 2017] [Originally Added On: February 16th, 2017]
- Trump urged to back offshore - Offshore Wind | reNEWS ... - reNews [Last Updated On: February 16th, 2017] [Originally Added On: February 16th, 2017]
- Russian Spy Ship Spotted Offshore From Connecticut; Congressman Says Goal Is To Test US - CBS Local [Last Updated On: February 16th, 2017] [Originally Added On: February 16th, 2017]
- Australia Accused Of Committing Crimes Against Humanity In Offshore Detention Centres - BuzzFeed News [Last Updated On: February 16th, 2017] [Originally Added On: February 16th, 2017]
- US Wind Secures Cabling Partner For MD Offshore Project - North American Windpower [Last Updated On: February 16th, 2017] [Originally Added On: February 16th, 2017]
- Professional Diversity Network: Offshore Investment Fund, Dropping ... - Seeking Alpha [Last Updated On: February 16th, 2017] [Originally Added On: February 16th, 2017]
- Vineyard Power vying for offshore wind farm - News - capecodtimes ... - Cape Cod Times (subscription) [Last Updated On: February 16th, 2017] [Originally Added On: February 16th, 2017]
- Liquidity Warnings Send Hornbeck Offshore Services, Inc.'s Stock Plunging - Motley Fool [Last Updated On: February 16th, 2017] [Originally Added On: February 16th, 2017]
- Will Offshore Stymie Oil States? - Seeking Alpha [Last Updated On: February 16th, 2017] [Originally Added On: February 16th, 2017]
- Enbridge Partners with EnBW on 497-MW German Offshore Wind Project - Marketwired (press release) [Last Updated On: February 17th, 2017] [Originally Added On: February 17th, 2017]
- JDR lands US offshore bounty - reNews [Last Updated On: February 17th, 2017] [Originally Added On: February 17th, 2017]
- Natural gas leaks from offshore pipeline in Alaska - Press Herald [Last Updated On: February 17th, 2017] [Originally Added On: February 17th, 2017]
- Halliburton's GRIP delivers rapid response to offshore source-control incidents - WorldOil (subscription) [Last Updated On: February 18th, 2017] [Originally Added On: February 18th, 2017]
- Model advances analysis of offshore BOP closure during extreme conditions - WorldOil (subscription) [Last Updated On: February 18th, 2017] [Originally Added On: February 18th, 2017]
- IRS Cracks Down on Offshore Tax Cheats - CPAPracticeAdvisor.com [Last Updated On: February 18th, 2017] [Originally Added On: February 18th, 2017]
- Vineyard Power vying for offshore wind farm - Cape Cod Times (subscription) [Last Updated On: February 18th, 2017] [Originally Added On: February 18th, 2017]
- Offshore Yuan Exposed to Onshore Risks as Spread Narrows - DailyFX [Last Updated On: February 18th, 2017] [Originally Added On: February 18th, 2017]
- Offshore Somalia: East Africa's Oil Frontier - Midnimo Information Center [Last Updated On: February 20th, 2017] [Originally Added On: February 20th, 2017]
- Emas Offshore refinancing deal delayed - Splash 247 - Splash 247 [Last Updated On: February 20th, 2017] [Originally Added On: February 20th, 2017]
- The Offshore Markets: 2016 In Review - Hellenic Shipping News Worldwide [Last Updated On: February 20th, 2017] [Originally Added On: February 20th, 2017]
- Court Declines to Halt Long Island Offshore Wind Lease - RTO Insider [Last Updated On: February 20th, 2017] [Originally Added On: February 20th, 2017]
- Fuel the American economy with offshore energy - The Detroit News [Last Updated On: February 20th, 2017] [Originally Added On: February 20th, 2017]
- Congress says won't renew liquor licenses of offshore casinos in Goa - Times of India [Last Updated On: February 20th, 2017] [Originally Added On: February 20th, 2017]
- An offshore deal for Indigenous people? - Policy Options (registration) [Last Updated On: February 20th, 2017] [Originally Added On: February 20th, 2017]
- Exclusive: Petronas considers $1 billion stake sale in offshore gas project - sources - Reuters [Last Updated On: February 20th, 2017] [Originally Added On: February 20th, 2017]
- JDR wins US offshore wind farm work - OE Digital [Last Updated On: February 20th, 2017] [Originally Added On: February 20th, 2017]
- Offshore Drilling - 2 Floaters Needed In The Verbier Field And In The Partridge Prospect In UK North Sea - Seeking Alpha [Last Updated On: February 20th, 2017] [Originally Added On: February 20th, 2017]
- Rystad Energy Believes That Offshore Projects Are Becoming Competitive Again - Seeking Alpha [Last Updated On: February 20th, 2017] [Originally Added On: February 20th, 2017]
- EnBW Hohe See 500 MW Offshore Wind Farm To Proceed With Siemens & Enbridge - CleanTechnica [Last Updated On: February 20th, 2017] [Originally Added On: February 20th, 2017]
- Offshore catering staff reject offer after phone ballot - BBC News [Last Updated On: February 21st, 2017] [Originally Added On: February 21st, 2017]
- Child abuse inquiry to hold limited public hearings into offshore ... - The Guardian [Last Updated On: February 21st, 2017] [Originally Added On: February 21st, 2017]
- Iberdrola Completes Installation Of First Turbine At 350 Megawatt ... - CleanTechnica [Last Updated On: February 22nd, 2017] [Originally Added On: February 22nd, 2017]
- Offshore drilling opponents re-gear for new round of battles | News ... - Charleston Post Courier [Last Updated On: February 22nd, 2017] [Originally Added On: February 22nd, 2017]
- Hornbeck Offshore Services: Too Many Problems Will Drag The Stock Further Down - Seeking Alpha [Last Updated On: February 22nd, 2017] [Originally Added On: February 22nd, 2017]
- US grid can handle more offshore wind power, cutting pollution and power costs - Science Daily [Last Updated On: February 22nd, 2017] [Originally Added On: February 22nd, 2017]
- Fugro to conduct natural leakage survey in offshore Kenya ... - Offshore Technology [Last Updated On: February 23rd, 2017] [Originally Added On: February 23rd, 2017]
- Russia inks second Turkish Stream pipe offshore construction contract - New Europe [Last Updated On: February 23rd, 2017] [Originally Added On: February 23rd, 2017]
- Trump to seek jobs advice from firms that offshore US work - Reuters [Last Updated On: February 23rd, 2017] [Originally Added On: February 23rd, 2017]
- W&T Offshore Expected to Reduce Net Losses in 4Q16 - Market Realist [Last Updated On: February 24th, 2017] [Originally Added On: February 24th, 2017]