This well is the first in production license 1170, awarded in 2022 (APA 2021), and was drilled by the Scarabeo 8 rig. The estimated size of the discovery ranges between 3.3 – 4.7 MMboe. SourceContinue Reading
The FPSO will operate in the Jubarte field in the Campos basin’s pre-salt layer, off Espírito Santo’s coast. The unit has a production capacity of 100,000 bpd and can process 5 MMcmgd. SourceContinue Reading
Units of Wintershall Dea AG, INEOS Group, Equinor ASA and Orsted AS are among the companies that were granted rights to explore whether the Danish subsoil is suitable for commercial CO2 storage and establish whether the process can be done safely and securely, the Danish Energy Agency said Thursday. SourceContinue Reading
Production start-up is expected in 2027, with a plateau of 300 MMcfgd (about 70,000 boed, including condensates). Gas from Ubeta will be supplied to NLNG, a liquefaction plant located in Bonny Island, in which TotalEnergies holds a 15% interest. SourceContinue Reading
The Gulf Energy Alliance (GEA) joined the States of Louisiana, Texas, and Mississippi in a legal challenge to the Department of Interior’s (DOI) Bureau of Ocean Energy Management’s (BOEM) decommissioning rule imposing unnecessary and burdensome financial requirements targeting independent offshore oil and natural gas producers. SourceContinue Reading
The Helideck Operations Initial Training (Americas) and Helideck Operations Emergency Response and Aviation Fuel Management Awareness standards were designed and updated specifically to reflect legislation and operational differences in the region and are now being rolled out after a successful pilot. SourceContinue Reading
Working at the intersection of spacetech and climatetech, AIRMO has developed a unique, state-of-the-art sensor that enables methane measurements from space. Combining the technology with Beagle Systems’ ability to utilise drones to collect data at low altitude will make it possible to collect precise information much more efficiently and enable companies to meet the new...Continue Reading
The scope of work includes project management, engineering, and execution of subsea services such as inspection, survey, intervention, and maintenance, as well as additional services such as underwater inspection of FPSO (UWILD) and standalone ROV operations. SourceContinue Reading
PetroAI will utilize TGS’ extensive subsurface, production and well data to create advanced AI models capable of accurately predicting well performance and identifying design sensitivities. This partnership offers quick access to pre-built, high-quality models tailored for both Proved Developed Producing (PDP) and Proved Undeveloped (PUD) wells at county or basin levels. SourceContinue Reading
Preliminary evaluation of the offshore gas condensate discovery indicates gross recoverable resources in the range of 16-38 million barrels of oil equivalent (MMboe) with a mean of 25 MMboe, well above predrill estimates. Just over half of the resources were encountered in the Middle Jurassic primary target, and the balance in the Upper Jurassic secondary...Continue Reading