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Offshore Drilling Newsletter
  • Exxon plans up to 25 helicopter flights a week for 6th oil project 16 Apr 2024 06:16 GMT

    … management facilities to support development drilling, FPSO/SURF installation, … began producing the sweet light crude discovered in the prolific Stabroek … , considering the commencement of oil production activities offshore in 2019. Helicopters serve …

  • Valeura Makes Three Oil Discoveries Offshore Thailand 16 Apr 2024 08:23 GMT

    … . “Importantly, this result confirms that oil has successfully migrated into this … Valeura, consisting of medium sweet crude from Miocene-age reservoirs, according … C Mobile Offshore Production Unit, the rig will begin development drilling on …

  • BP Focuses on Familiar Turf as Its Rivals Push New Oil Exploration Frontiers 16 Apr 2024 07:40 GMT

    … value lies in an intensely drilled region where the company has … made. After the initial exploration drilling, BP had to step back … and wait for drilling technology to improve.  “That … people and caused the biggest offshore oil spill in U.S. history …

  • Valeura racks up a trifecta of oil & gas discoveries offshore Thailand 15 Apr 2024 12:17 GMT

    … new offshore oil discoveries during its drilling campaign. Mist rig; Source: Borr Drilling As … wells have been drilled north of the Wassana oil field in the … mobile offshore production unit (MOPU), the rig will begin development drilling on …

  • Activists Slam Biden Admin’s Approval of Largest Offshore Oil Export Terminal 15 Apr 2024 22:01 GMT

    … the approval of a new offshore oil terminal — planned to be … two pipelines that would carry crude oil to the deepwater port each … of 2 million barrels of crude oil, loaded onto two supertankers at … higher royalties in order to drill on federal lands. But those …

  • Saipem moving forward with ExxonMobil’s sixth oil development offshore Guyana 15 Apr 2024 20:31 GMT

    … be used for the offshore installation activities. The … will deploy its Guyana Offshore Construction Facility, located … project covers drilling operations via drillships to produce oil from around … Exploration (30%) and CNOOC Petroleum Guyana (25%). Saipem has …

  • 7 Energy Stocks Poised to Profit as Crude Oil Prices Soar 15 Apr 2024 20:05 GMT

    … for forward-thinking investors. Marathon Petroleum (MPC) Source: Jonathan Weiss… exploration, development and production of crude oil, natural gas and natural gas … contracts mobile offshore drilling rigs, related equipment and work crews to drill oil and …

  • 3 Oil & Gas Penny Stocks That Can Double in 3 Quarters 15 Apr 2024 17:36 GMT

    … in the oil tanker and offshore drilling segment. Borr Drilling (NYSE:BORR … Nordic American is a crude oil tanker company with a … Ring Energy (REI) Source: Oil and Gas Photographer … . Tullow Oil (TUWOY) Source: Shutterstock Tullow Oil (OTCMKTS:TUWOY …

  • Valeura Energy makes three oil discoveries in Gulf of Thailand 15 Apr 2024 17:14 GMT

    … three oil discoveries on its assets in the offshore Gulf … of Thailand. The Nong Yao-13 well was drilled … Valeura, reservoirs containing similar oil reserves are recurring across the … Niramai-1 oil discovery, which was originally drilled in 2009. …

  • 'Catastrophic': Biden Admin Approves Largest Offshore Oil Export Terminal 15 Apr 2024 17:09 GMT

    … the approval of a new offshore oil terminal—planned to be the … two pipelines that would carry crude oil to the deepwater port each … of 2 million barrels of crude oil, loaded onto two supertankers at … higher royalties in order to drill on federal lands. But those …

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