Tag Archive

Another Oil Discovery Offshore Guyana at Tripletail

Another Oil Discovery Offshore Guyana at Tripletail

September 16, 2019 No Comments

Hess Corporation (NYSE: HES) today announced a discovery at the Tripletail-1 well on the Stabroek Block offshore Guyana. Tripletail-1 encountered approximately 108 feet (33 meters) of a high quality oil bearing sandstone reservoir. Tripletail-1, drilled in 6,572 feet (2,003 meters) of water, is located approximately 3 miles (5 kilometers) northeast of the Longtail discovery. After […]

Qatar Petroleum signs agreement in Guyana

Qatar Petroleum signs agreement in Guyana

July 30, 2019 No Comments

Qatar Petroleum has entered into an agreement with Total for a share of exploration and production rights in two blocks offshore Guyana in Latin America. Under the agreement, which is subject to customary regulatory approvals by the government of Guyana, Qatar Petroleum will hold 40% of Total’s existing 25% participating interest in the Orinduik block. […]

Eni Announce results for the  half year 2019

Eni Announce results for the half year 2019

July 26, 2019 No Comments

Yesterday, Eni’s Board of Directors approved the Group results for the second quarter and first half of 2019 (unaudited). Group results Adjusted operating profit: €2.28 billion for the second quarter, down by 11% q-o-q (€4.63 billion in the first half, down by 6%). Excluding the impact of the loss of control over Eni Norge on […]

Schlumberger launch the GAIA Digital Exploration Platform

Schlumberger launch the GAIA Digital Exploration Platform

June 4, 2019 No Comments

Schlumberger introduced the GAIA* digital exploration platform at the 81st EAGE Conference & Exhibition. The GAIA platform enables exploration teams to rapidly discover and access basin-scale data and manage their exploration opportunities. The GAIA platform uses the power of the DELFI* E&P cognitive environment to access data available from Schlumberger and other E&P industry data […]

Oil discovery in the deep-water US Gulf of Mexico

Oil discovery in the deep-water US Gulf of Mexico

April 24, 2019 No Comments

Operator Shell Offshore Inc. today announced a significant discovery at the Blacktip prospect in the deepwater U.S. Gulf of Mexico. Equinor holds a 19.1% working interest in the block. The Blacktip exploration well has encountered more than 400 feet (122 metres) net oil pay with good reservoir and fluid characteristics in the Alaminos Canyon Block […]

Total’s Exploration prospects in Africa

Total’s Exploration prospects in Africa

March 13, 2019 No Comments

Total announced a significant achievement off the coast of South Africa: the discovery of an important gas condensate field on the Brulpadda (“bullfrog” in Afrikaans) prospect deep offshore. João Amaral, Vice President, General Affairs and Exploration Affiliates, Africa for Total Exploration & Production, discusses follow-up prospects to the recent discovery in South Africa. The Group’s […]

Aker BP Announce Continued strong growth in 2018

Aker BP Announce Continued strong growth in 2018

February 8, 2019 No Comments

Aker BP continued its positive development and strong growth in 2018. Total income increased by 46 percent from 2017 and all major field development projects progressed as planned. Reserve replacement was above 100 percent and the company continued to grow its resource base through acquisitions and exploration success. The debt level was significantly reduced and […]

DEA awarded nine new licences in Norway

DEA awarded nine new licences in Norway

January 15, 2019 No Comments

The Norwegian Ministry of Petroleum and Energy has awarded nine new licenses on the Norwegian Continental Shelf (NCS) to DEA in this year’s Awards in Predefined Areas (APA). Four of the awarded licences are located in the Norwegian Sea, three in the North Sea and two in the Barents Sea. DEA will be operator in […]

Eni approves investment plan for Merakes Development Project in Indonesia

Eni approves investment plan for Merakes Development Project in Indonesia

December 17, 2018 No Comments

Eni will start with the execution of the Merakes Development Project in Indonesia following the approval received by the Minister of Energy of Indonesia and the authorization for the investment plan sanctioned by the company’s Board of Directors. The Merakes development project, located in the Kutei Basin, offshore East Kalimantan, consists in the drilling and […]

Total Strengthens Exploration Position In Mauritania

Total Strengthens Exploration Position In Mauritania

December 12, 2018 No Comments

Total and the Ministry of Petroleum, Energy and Mines of Mauritania have signed an agreement awarding Total two new exploration and production contracts for Blocks C15 and C31 deep offshore Mauritania, covering an area of 14,175 square kilometers. According to the terms of the contracts, Total will be the operator of these two blocks with […]

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