Tag Archive

Petrobras Aquires Seven blocks at the ANP auction

Petrobras Aquires Seven blocks at the ANP auction

October 5, 2017 No Comments

We acquired seven blocks in the 14th Round of Bids in the concession system, held by the National Petroleum Agency (ANP), six of which offshore and one onshore. We will be the operator of the seven blocks. We will be the operators of the offshore blocks, with a 50 percent interest, in partnership with ExxonMobil, […]

Quest Offshore & Gulf Publishing Announce “Gulf Quest, LLC”

Quest Offshore & Gulf Publishing Announce “Gulf Quest, LLC”

October 5, 2017 No Comments

Gulf Publishing Company and Quest Offshore Resources have announced the formation of Gulf Quest LLC for the joint operation of offshore conferences, including the leading global deepwater technology event, Marine Construction Engineering Deepwater Development (MCEDD). MCEDD, in its 15th year in 2018, will benefit from the combined resources of Quest Offshore Resources and Gulf Publishing […]

Next Offshore Oil Boom is in Brazil

Next Offshore Oil Boom is in Brazil

October 4, 2017 No Comments

The Next Big Offshore Boom Is About To Happen Here Say what you will about offshore oil and gas exploration, but it’s still alive and kicking—high production costs and all. The latest demonstration of the viability of deepwater projects, even in the post-2014 oil industry era, comes from none other than Brazil. On Wednesday, the […]

Total, Shell and Statoil enter CO2 storage partnership

Total, Shell and Statoil enter CO2 storage partnership

October 2, 2017 No Comments

The partners are today signing a partnership agreement to mature the development of carbon storage on the Norwegian continental shelf (NCS). The project is part of the Norwegian authorities’ efforts to develop full-scale carbon capture and storage in Norway. In June, Gassnova awarded Statoil the contract for the first phase of the project. Norske Shell […]

Aker Wins Brownfield Modifications and Maintenance Support Contract

Aker Wins Brownfield Modifications and Maintenance Support Contract

August 31, 2017 No Comments

Aker Solutions secured a framework agreement from Shell to provide brownfield modifications services and maintenance support for the Nyhamna and Draugen facilities in Norway. The agreement has a fixed period of four years and may be extended by up to seven years. It covers the offshore Draugen oil platform and the onshore Nyhamna natural gas […]

GoM operators shut production

GoM operators shut production

August 25, 2017 No Comments

Shell, Exxon, and Anadarko are reducing production in the Gulf of Mexico ahead of a storm that the U.S. National Hurricane Center said yesterday will affect most of the Texas coast. The NHC expects Tropical Depression Harvey to intensify as it nears the land. Shell, according to Reuters, is moving all personnel working on the […]

NNPC, Shell, Chevron Sign Agreements in Nigeria

NNPC, Shell, Chevron Sign Agreements in Nigeria

August 4, 2017 No Comments

Two sets of alternative financing agreements on Joint Venture (JV) projects to boost reserves and production in line with government’s aspiration were executed in London on Monday between the Nigerian National Petroleum Corporation (NNPC) and two of its JV partners: NNPC/Chevron Nigeria Limited (CNL) JV and NNPC/Shell Petroleum Development Company (SPDC) JV. The two projects […]

Shell Submits Technical Appraisal of Iran Oilfields to NIOC

Shell Submits Technical Appraisal of Iran Oilfields to NIOC

August 2, 2017 No Comments

Royal Dutch Shell has submitted to the National Iranian Oil Company (NIOC) the result of its feasibility studies over Iran’s Azadegan and Yadavaran oilfields. Shell and NIOC met on Wednesday to discuss a proposal by Shell for developing South Azadegan and Yadavaran oilfields in Iran. Shell Vice President Hans Nijkamp met with Gholamreza Manouchehri, deputy […]

C-Kore Systems signs agreement with Shell for subsea technology

C-Kore Systems signs agreement with Shell for subsea technology

July 6, 2017 No Comments

C-Kore Systems have developed a new subsea technology which will save the UKCS subsea industry time and money. The new subsea technology was utilised on Shell’s Corrib field. The C-Kore units found the root cause of multiple IR faults, allowing the field to be brought back to full performance. The CKore Subsea Testing Tools are […]

Oil and Gas Newstrack to June 19

Oil and Gas Newstrack to June 19

June 20, 2017 No Comments

The price of OPEC basket of fourteen crudes stood at $44.46 a barrel on Monday, 19 June 2017, compared with $44.58 the previous Friday, according to OPEC Secretariat calculations. —————————- Nigeria has surpassed Angola to regain the top position as the largest oil exporter in Africa, a title it lost to Angola in 2016 after […]

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