OE Daily: 2016 / September

 

Freeport-McMoRan plans merger to save Anadarko deal

Sep 30, 2016

Freeport-McMoRan (FCX) plans to merge its oil and gas subsidiary, Freeport-McMoRan Oil & Gas (FM O&G) with the parent company, after its proposed US$2 billion asset sale to Anadarko Petroleum failed to gain support from the company's lenders…

Nonconformities found at Statfjord spill

Sep 30, 2016

Three of Norway’s regulators have found nonconformities from regulations, following their joint investigation of a crude oil spill at Statoil’s Statfjord’s OLS B loading buoy that occurred last year. Image from Statoil…

Songa sheds staff as strike bites

Sep 30, 2016

A strike by workers in the Norwegian sector has led to a number of rigs in the basin having to halt operations and staff being put on temporary dismissal.  Songa Offshore says three of its four newbuild Cat D rigs are out of operation and on force majeure rate…

Lundin proves up Alta resource

Sep 30, 2016

Swedish headquartered oil firm Lundin says its Barents Sea Alta discovery contains up to 125-400 MMboe gross contingent resources after completing its latest appraisal well. The estimate, inline with pre-drilling estimates, comes after…

Drilling starts on Culzean

Sep 29, 2016

Denmark's Maersk Oil has started drilling on the first production well for the Culzean high-pressure, high-temperature (HPHT) development in the UK North Sea. Drilling started at 6pm on 28 September using Danish drilling firm Maersk Oil's Maersk Highlander jackup…

NOPSEMA asks for further Bight details

Sep 28, 2016

BP is facing more setbacks for its Great Australian Bight drilling program, following a further request from Australia’s National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) for information on the environment plan…

Exmar FLNG unit completes testing

Sep 28, 2016

Exmar's barge-based FLNG unit, at one time meant to operate off the coast of Colombia, has completed performance testing at Wison Offshore & Marine's Nantong, China yard, the engineering firm announced on 27 September. While the deal…

BP inks three Egypt amendments

Sep 27, 2016

BP and Egypt’s minister of petroleum signed three amendments for concessions offshore Egypt, that will allow for the economic development of its giant Nooros project.   Image from BP. The…

Updated: 4 dead in Chevron chopper crash

Sep 27, 2016

A helicopter carrying six people destined for a Chevron platform offshore Angola has crashed, leaving four people dead and two missing. Image from iStock. Cabinda Gulf Oil Co…

McDermott, TH Heavy Engineering dissolve partnership

Sep 27, 2016

Houston-based McDermott International and Malaysian fabrication firm TH Heavy Engineering (THHE) will end their Malaysian joint ventures Berlian McDermott (BMD) and THHE Fabricators (THF), the pair announced on Friday (23 September), citing local market conditions…

Goliat resumes production

Sep 27, 2016

Production has resumed at the Goliat field early Tuesday morning (27 September), in the Norwegian Barents Sea, according to operator Eni Norge. Eni says full production is expected to be reached shortly, with full reinjection of gas and produced water…

Weather delays Transocean Winner move training

Sep 23, 2016

A containment boom deployment training exercise ahead of moving a rig which had grounded on the Scottish coast has been postponed for at least two days due to windy weather, according to the UK's Maritime and Coastguard Agency (MCA).  The…

Maersk divides, reorganizes

Sep 22, 2016

Danish giant AP Møller-Mærsk is dividing its company into two, after reviewing strategic and structural options for months that will also see its CEO, Jakob Thomasen, make his exit. Image from Maersk Flickr…

Baltim boosted to 1 Tcf off Egypt

Sep 22, 2016

The Baltim South West field offshore Egypt has the potential to hold 1 Tcf of gas in place, according to Eni. Image from Eni. The Italian giant, along with 50:50 partner BP, upgraded…

Shell comes up empty at Cheshire

Sep 21, 2016

Shell Canada is moving on to its next prospect in the Shelburne basin, offshore Nova Scotia, after failing to find commercial hydrocarbons at its first exploration well in the program. Map of the Shelburne basin exploration project…

Norwegian workers lay down tools

Sep 21, 2016

More than 300 oil service employees in Norway have gone on strike this morning after mediation talks yesterday were said to have failed. Industry Energy, a union which represents workers, claimed the Norwegian Oil & Gas association did…

Petrobras cuts capex by 25%

Sep 20, 2016

Petroleo Brasileiro (Petrobras) is once again decreasing its capex by 25%, the company revealed as part of its 2017-2021 business and management plan today (20 September). Libra operations. Image from Petrobras…

Maersk in Janice decom

Sep 16, 2016

Maersk Oil UK has awarded fellow company Maersk Supply Service to provide decommissioning services for the Janice field in the North Sea. Janice A FPU. Images from Maersk Oil.  Maersk Supply Service (MSS) will provide engineering…

25-70 MMboe found near Gjøa

Sep 16, 2016

French operator ENGIE E&P has made a 25-70 MMboe discovery in the Cara well in the Norwegian North Sea. The well was drilled using the Transocean Arctic semisubmersible, in 349m water depth. It is 6km northeast of the ENGIE-operated Gjøa field (pictured)…

Vaalco ESP fails again, shuts-in well off Gabon

Sep 15, 2016

Houston’s Vaalco Energy has run into more trouble offshore Gabon, with electrical submersible pumps (ESP) continuing to fail, leaving a well shut-in. Map from Vaalco. Vaalco has experienced several issues with ESPs in recent months…

Shell readies to drill off Tanzania

Sep 15, 2016

Oil major Shell is planning to start exploration drilling offshore Tanzania later this year, according to partner Ophir Energy.  The drilling program, due to start in Q4, will comprise two wells on Blocks 1 and 4 and target >1 Tcf of gas…

Pemex reveals six discoveries off Mexico

Sep 14, 2016

Mexican national oil company Petróleos Mexicanos (Pemex) has made six oil discoveries offshore Mexico, with one particular find holding 140-160 MMboe of potential reserves. The company also revealed its plans to drill more than a dozen offshore exploration wells next year…

Sea Lion costs down to US$1.5 billion

Sep 14, 2016

Development costs to first oil for the Sea Lion project off the Falklands have been reduced to US$1.5 billion with more savings possible, according to partner Rockhopper exploration. The UK-based independent also says the 2C, or proved plus probable reserves…

Statoil sees Castberg spin-off opportunities

Sep 13, 2016

Statoil is looking to create “a strong ripple effect” from its largest field yet, the Johan Castberg project, in the Barents Sea that will generate spin-offs, and be prepared for future electrification. Johan Castberg field illustration…

Anadarko boosts GoM acreage in $2 billion deal

Sep 12, 2016

Anadarko Petroleum will purchase the Gulf of Mexico (GoM) assets of Phoenix, Arizona-based minerals company Freeport-McMoRan (FCX) for US$2 billion cash consideration, the Houston-based independent said on 12 September. Anadarko’s…

Eni reaches new Nooros record

Sep 12, 2016

Eni’s Nooros field offshore Egypt reached a new record in 13 months of 128,000 boe/d, with plans to drill more wells in the area. Image from Eni. The Italian giant confirmed production at Nooros reached 700 MMcf/d…

New Russian arctic exploration on hold

Sep 12, 2016

The Russian government is temporarily banning new licenses for offshore field development on the Russian Arctic shelf, the Minister of Natural Resources and Environment Minister Sergei Donskoi has said. The move appears to be aimed at focusing investment on existing development projects…

Goliat to remain shut down

Sep 09, 2016

Eni Norge’s management has decided to keep the Goliat field shut down until “measures are implemented and its platforms can be operated prudently.” Goliat. Image from Eni Norge. The…

Lancaster offers Hurricane yet more pay

Sep 09, 2016

Hurricane Energy's pilot well on the basement reservoir Lancaster discovery West of Shetland has indicated resources 'significantly greater' than the firm's 200 MMbbl base case, the company said this morning.   Hurriane has completed…

Solaris uHPHT well dry

Sep 09, 2016

Despite achieving a drilling record, Total Norge's ultra-high-pressure, high-temperature Solaris well has been classified as dry. The well, 1/5-5, was the deepest well drilled on the Norwegian Continental Shelf, according to driller, Maersk Drilling…

Kraken FPSO costs cut further

Sep 08, 2016

North Sea independent EnQuest has cut the cost of its Kraken heavy oil development in the North Sea by a further US$150 million, thanks to progress on the drilling campaign and subsea workscopes.  The cost of the development, which will see a floating production…

Shell brings Stones online

Sep 06, 2016

Supermajor Shell started production from its Stones development in the deepwater Gulf of Mexico, the firm reported on 6 September 2016. The field’s FPSO, Turritella, is the deepest floating production unit in the world, operating in 9500ft of water…

Chevron restarts at Erskine

Sep 06, 2016

Production at Chevron’s Erskine restarted late last month in the central North Sea, following the completion of maintenance work at Shell’s Lomond platform. Erskine. Image from Chevron. Erskine…

FMC inks Eni West Hub subsea work

Sep 06, 2016

FMC Technologies has won a second award for its new subsea multiphase boosting system, this time with Italian giant Eni for its Block 15/06 West Hub Development, off the coast of Angola. The N'Goma…

Sevan FPSO potential for Wisting

Sep 05, 2016

Norwegian floating production firm Sevan Marine has been awarded a study to evaluate use of its cylindrical hull design for use on the Wisting field, the northernmost oil discovery offshore Norway. OMV is screening various floating alternatives…

GoM to restore production after Hurricane Hermine

Sep 02, 2016

The US Bureau of Safety and Environmental Enforcement (BSEE) said after Hurricane Hermine hit Western Florida early this morning (2 September), offshore oil and gas operators are preparing to return to normal production in the Gulf of Mexico…

SBM Brazilian leniency deal rejected

Sep 02, 2016

Brazilian prosecutors have rejected the leniency agreement reached between SBM Offshore and Brazilian authorities in mid-July that could lead to a loss of US$12.7 billion. Image from SBM Offshore…

Petrobras ditches Diamond

Sep 01, 2016

Diamond Offshore Drilling has said it is going to defend a move by Brazil’s Petróleo Brasileiro (Petrobras) to terminate its contract on the Ocean Valor semisubmersible early.  The Ocean Valiant…

Eni completes Zohr 5x off Egypt

Sep 01, 2016

Italian giant Eni has drilled its fifth well on the Zohr field offshore Egypt, confirming its potential to contain some 30 Tcf, with hopes of first gas by the end of next year. Map of Zohr, from Eni…

FPSO plans for SNE development

Sep 01, 2016

FAR Ltd. has upgraded its contingent resources estimates for Cairn Energy’s SNE oilfield offshore Senegal in West Africa, and led the firm to suggest a standalone floating production and storage offloading (FPSO) development for the field…

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