Offshore - Oil & Gas

  • DGH, Jt Secy to be govt nominees on oilfield...

    Upstream regulator DGH and Joint Secretary (Exploration) in the Oil Ministry will be the government nominees on oversight committees that will monitor the 30 small discovered oil and gas fields awarded in the first round of auction.

  • Wind-powered offshore decommissioning in Rotterdam

    The Port of Rotterdam is in the process of building a new offshore wind centre, which will be used to decommission oil and gas platforms close by. The project’s potential is undeniable – both in terms of environmental performance and the local economy – but the port is treading new ground, as Ross Davies discovers.

  • Romania's OMV Petrom to invest 70 mln euro...

    Romania's top oil and gas group, OMV Petrom [BSE:SNP], said on Monday it plans to invest 70 million euro ($83.5 million) into a new drilling campaign in the shallow waters of Istria block in the Black Sea. The campaign includes the drilling of two wells by the end of this year and a further two by mid-2018, OMV Petrom said in a press release. The wells are planned to be drilled to depths of up to 2,000 meters below sea level.

  • The Guardian view of offshore wind: cheaper and...

    The precipitous drop in the price of electricity from offshore wind turbines should be a tipping point for green technology. In 2014 the current generated by a forest of giant whirling fans out at sea was priced at around £150 per megawatt hour. In the latest auction this week the comparable cost dropped as low as £57.50/MWh. 

  • Oman invites bids for 4 oil and gas blocks

    The Ministry of Oil & Gas has unveiled a total of four onshore hydrocarbon blocks for investment as part of the Oman Licensing Round 2017, registration and bidding for which formally commences on September 20, 2017. Up for grabs are Block 43B, Block 47, Block 51 and Block 65 — part of a portfolio of over 10 open blocks that will be tendered over the next few years, the ministry said in a backgrounder on the new Licensing Round.

  • Offshore oil companies reboarding platforms, rigs...

    Offshore oil and gas operators in the Gulf of Mexico are reboarding platforms and rigs and restoring normal operations following Tropical Storm Harvey. The Bureau of Safety and Environmental Enforcement (BSEE) Hurricane Response Team continues to monitor the operators’ activities as they return to safe operations. This is the final update of evacuation and shut-in production statistics for Tropical Storm Harvey. 

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Deep Potential: E&P Activity Offshore Myanmar

While offshore production activity in Myanmar began in 1998, deepwater E&P in the country is arguably still nascent. However, recent deepwater gas discoveries off Myanmar seem to have bolstered the confidence of oil companies sufficiently for them to start planning deepwater drilling campaigns, in spite of weaker energy prices. Could these first steps be indicative of Myanmar’s deepwater E&P potential?

English

Wind-powered offshore decommissioning in Rotterdam

The Port of Rotterdam is in the process of building a new offshore wind centre, which will be used to decommission oil and gas platforms close by. The project’s potential is undeniable – both in terms of environmental performance and the local economy – but the port is treading new ground, as Ross Davies discovers.

English

Romania's OMV Petrom to invest 70 mln euro in new offshore drilling campaign

Romania's top oil and gas group, OMV Petrom [BSE:SNP], said on Monday it plans to invest 70 million euro ($83.5 million) into a new drilling campaign in the shallow waters of Istria block in the Black Sea. The campaign includes the drilling of two wells by the end of this year and a further two by mid-2018, OMV Petrom said in a press release. The wells are planned to be drilled to depths of up to 2,000 meters below sea level.

English

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