Category: Oil Discovery
-
Golden Sea Lion roars with appraisal success at oil discovery offshore Southeast Asia
Golden Sea Lion roars with appraisal success at oil discovery offshore Southeast Asia Houston-based oil and gas company Murphy Oil has achieved a new appraisal milestone related to an oil find in the Cuu Long Basin approximately 40 miles off the coast of Vietnam, Southeast Asia. This move is perceived to have unlocked significant resource upside.…
-
Southeast Asia richer for its ‘biggest’ black gold find in two decades and third largest since 2000
Southeast Asia richer for its ‘biggest’ black gold find in two decades and third largest since 2000 With the appraisal insights regarding an oil find offshore Vietnam coming to light, Wood Mackenzie, an energy intelligence group, has labeled this hydrocarbon exploration success as “the biggest oil discovery in Southeast Asia of the last 20 years,”…
-
Petrobras digs up more black gold offshore Brazil
Petrobras digs up more black gold offshore Brazil Brazilian state-owned energy giant Petrobras has unearthed more oil in the Campos Basin off the coast of Brazil. The post Petrobras digs up more black gold offshore Brazil appeared first on Offshore Energy. Melisa Cavcic Go to offshore energy biz
-
Norway casts light on recent North Sea oil discovery
Norway casts light on recent North Sea oil discovery Following an oil discovery at a prospect off the coast of Norway, the Norwegian Offshore Directorate (NOD) has revealed further insight into the latest black gold find in the North Sea. The post Norway casts light on recent North Sea oil discovery appeared first on Offshore…
-
WoodMac deems recent US oil find as Gulf of America’s biggest discovery in eight years
WoodMac deems recent US oil find as Gulf of America’s biggest discovery in eight years In the aftermath of a recent black gold discovery in the Gulf of America, formerly the U.S. Gulf of Mexico, Wood Mackenzie, an energy intelligence group, has provided its take on the significance of the new oil find, describing it…
-
Petrobras enriches Brazilian offshore reserves with ‘high-quality’ oil find
Petrobras enriches Brazilian offshore reserves with ‘high-quality’ oil find Brazilian state-owned energy giant Petrobras has made a new oil discovery at an exploration well in the pre-salt Santos Basin off the coast of Brazil, South America. The post Petrobras enriches Brazilian offshore reserves with ‘high-quality’ oil find appeared first on Offshore Energy. Melisa Cavcic Go…
-
BP and Chevron’s drilling ops yield black gold in Gulf of America
BP and Chevron’s drilling ops yield black gold in Gulf of America Two oil majors, BP and its partner, Chevron, have found more oil in the Gulf of America, formerly the U.S. Gulf of Mexico. The post BP and Chevron’s drilling ops yield black gold in Gulf of America appeared first on Offshore Energy. Melisa…
-
Namibia’s Orange Basin still oil-rich but Shell’s discovery deemed ‘commercially unfeasible’
Namibia’s Orange Basin still oil-rich but Shell’s discovery deemed ‘commercially unfeasible’ Shell has decided to write down $400 million, citing technical and geological difficulties encountered at the petroleum exploration license (PEL) 39, as its oil discovery in the Orange Basin off the coast of Namibia cannot be confirmed for commercial development at this point. The…