Offshore ///

Exxon’s South China Sea oil project tests Chinese influence

An Exxon Mobil oil and gas project off the coast of Vietnam is becoming a test of Beijing’s growing power in the South China Sea.

Chevron sanctions waterflood project to boost St. Malo production

The newly sanctioned waterflood project in the St. Malo field will advance Chevron’s strategy of maximizing the company’s existing resources in the Gulf of Mexico.

Talos Energy strikes Gulf of Mexico deals with BP, ExxonMobil

Talos Energy has entered into two separate agreements with BP and Exxon Mobil related to new exploration opportunities in the U.S. Gulf of Mexico.

TGS kicks off latest 3D survey offshore Africa

TGS has has fired first shot to commence a new survey in the MSGBC Basin, offshore north-west Africa. The Senegal Ultra-Deep offshore 3D survey covers over 4500km2, with a modern broadband acquisition set-up.

Saudi Arabia joins U.S.-led coalition to protect oil tankers

Saudi Arabia joined a U.S.-led coalition to secure sea lines vital to oil shipping in the Middle East in the aftermath of a devastating attacks on Aramco’s oil facilities.

Wood to deliver modifications for Equinor’s Martin Linge development

Martin Linge is scheduled to come on stream in 2020 and the gas will flow through a new pipeline connecting to the field via existing infrastructure to St Fergus in Scotland.

Schlumberger begins wide-azimuth survey, including Zama-1, in Campeche, Mexico

Schlumberger will start a new 5,080-km2 wide-azimuth (WAZ) multiclient survey in the Salina del Istmo Basin in the Gulf of Mexico Bay of Campeche, providing the first 3D coverage over this shallow-water target area that includes the recent Zama-1 discovery.

ExxonMobil finds more oil offshore Guyana at Tripletail

ExxonMobil made an oil discovery on the Stabroek Block offshore Guyana at the Tripletail-1 well in the Turbot area. The discovery adds to the previously announced estimated recoverable resource of more than 6 Bboe on the Stabroek Block.

Tullow opens a new oil play offshore Guyana

Joe-1 is the first oil discovery to be made in the Upper Tertiary and de-risks the petroleum system in the west of the Orinduik block, where a significant number of Tertiary and Cretaceous age prospects have been identified.

Connector Subsea Solutions acquires Hydratight’s MORGRIP business

The MORGRIP Connector business will become an integral part of CSS’ extensive repair and modification services for subsea and deepwater pipeline repair. The consolidated entity will consist of 60 employees dedicated to pipeline repair products and services.

VAALCO kicks off its offshore Gabon drilling campaign

The objective of the Etame 9P appraisal wellbore is to test the Dentale reservoirs beneath the Etame field. VAALCO estimates that there could be up to 4.6 MM gross barrels of recoverable oil present in the Dentale reservoirs.

Vietnam fights China’s moves to hinder offshore exploration

The foreign ministry in Hanoi on Thursday called on China to immediately order a state-owned survey vessel along with several Coast Guard escorts to leave Vietnamese-claimed waters in its exclusive economic zone, which stretches 200 nautical miles from its coast.

Rig operators try to win back investors after another challenging year

Offshore drilling executives are trying to win back investors who have fled their stocks over the past year, insisting that a protracted recovery is gaining momentum.

Talos lands extension and approval for additional exploration offshore Mexico

Talos Energy has received a two-year contract term extension as well as regulatory approvals for additional exploration activities on Block 7, located in the offshore portion of Mexico's prolific Sureste basin. Talos is the operator of Block 7 in a consortium with its partners Sierra Oil & Gas and Premier Oil.

ION announces new 2D multi-client program offshore West Africa

ION Geophysical announced a new 2D multi-client program offshore West Africa. The industry-supported NamibeSPAN program covers the underexplored Namibe basin offshore southern Angola.

BSEE approves deepwater spill response single-vessel solution technology

Production Technology and Services announced the Bureau of Safety and Environmental Enforcement deems the PTS-supplied temporary processing equipment suitable for use as a part of HWCG’s single vessel solution, according to the company.

Norway grants Tordis and Vigdis fields a 34-year extension

The Norwegian Petroleum Directorate has granted Equinor consent to use the facilities on the Tordis and Vigdis fields for a total of 34 years beyond their originally-approved lifetime. Tordis has secured consent to operate until December 31, 2036 and Vigdis until December 31, 2040.

First oil

Kurt Abraham, World Oil

Another mixed outlook awaits the E&P sector

Shearwater returns to Turkey for new acquisition and processing contract

The survey covers an area of 6,200 km2 and includes fast-track processing, followed by full time and depth processing. The 4-month project starts in Q3 2019 and will be conducted by the Polar Empress immediately after its completion of a full North Sea summer season.

Philippines ignores international ruling, takes exploration deal with China

Philippine President Rodrigo Duterte said he will ignore an international court ruling affirming his country’s territorial claims in the South China Sea in order to advance oil exploration plans with Beijing.