Tag: exploration

LLOG Delivers First Oil from Crown and Anchor Field

In June, LLOG Exploration delivered first production from their Crown and Anchor field in the Gulf of Mexico. This milestone also represents a major achievement for Enpro Subsea as it is the first of multiple deployments by LLOG of their patented Flow Access Module (FAM) technology.

Update on the Otto Energy oil project

Otto Energy Limited is pleased to provide the following update and information on the Company’s flagship South Marsh Island Block 71 (“SM 71”) oil project.

Marathon Petroleum to acquire Andeavor

Marathon Petroleum has planned an approximate $23 billion buyout merger to buyout fellow refiner Andeavor, which will allow Marathon to capitalize on major trends in the energy sector.

Statoil awards ABB automation & safety contract

ABB has announced that it will provide integrated ABB Ability automation and safety systems to Statoil’s new Johan Castberg oil field development project in Norway.

Shell invests in Vito development

Shell Offshore Inc. (Shell), a subsidiary of Royal Dutch Shell plc, has announced the final investment decision for Vito, which is a deep-water development in the U.

ExxonMobil named ‘Explorer of the Year’ for 2017

The World Oil and Gas Council has named ExxonMobil 2017 Explorer of the Year in recognition of the producer company’s excellence and innovation in the global energy industry.

U.S. offshore drilling to be greatly expanded

Interior Secretary, Ryan Zinke, announced last week that the Trump administration has moved to vastly expand offshore drilling from the Atlantic to the Arctic oceans with a plan that would open up federal waters off the California coast for the first time in more than three decades.

BP increases its oil and gas reserves

BP, whose US headquarters are located in Florida, has agreed to buy stakes in gas-heavy exploration areas off the coast of Mauritania and Senegal from Kosmos, a Dallas-based energy company, days after announcing the long-awaited renewal of an onshore oil concession in Abu Dhabi.

BP signs second shale gas contract with CNPC

BP, whose US headquarters are located in Houston, Texas, announced that it has signed a second production sharing contract (PSC) for shale gas exploration, development and production with China National Petroleum Corporation (CNPC).

ANP announces pre-approved bidding companies

Brazil’s National Petroleum, Natural Gas, and Biofuels agency (ANP) has announced the first 12 companies pre-approved for the country’s upcoming 13th bid round to be held on October 7th, 2015.