Oil & Gas News

The Bureau of Ocean Energy Management (BOEM) completed its required evaluation to ensure the public receives fair market value for tracts leased in Central Gulf of Mexico Oil and Gas Lease Sale 247, held on March 22, 2017. The sale offered 9,118 unleased blocks, covering 48 million acres.

Mitigating uncertainty and determined to help Cairn Energy (Capricorn Senegal Limited) to get the assurance they need to succeed in their offshore plans covering 400 square kilometers, Lloyd’s Register begins field development surveys in the Sangomar Offshore and Sangomar Deep Offshore license blocks.

It is estimated that damaged ship sterntubes are leaking some 57 million tonnes of lubricating oil in to the oceans every year, but by replacing these seals when the damage is first discovered, Hydrex in-situ repairs not only help towards reducing the environmental impact but can also save shipowners time and money.

SBM Offshore announces that ExxonMobil has formally confirmed the award of contracts for the next phase of the Liza project in Guyana. Under these contracts, SBM Offshore will construct, install, lease and operate a floating production, storage and offloading vessel (FPSO). This follows completion of front-end engineering studies and the final investment decision on the project by ExxonMobil.

EnQuest confirms that first oil from the Kraken development was delivered on 23 June 2017. During the initial ramp-up period, the 13 wells that have been drilled and completed to date, comprising 7 producers and 6 injectors, are being brought online in a phased manner, to maximize long term productivity and value.

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