Eni Mexico has received the green light from the National Hydrocarbons Commission (Comisión Nacional de Hidrocarburos) to commence drilling operations in the Sáasil-1EXP shallow water exploratory well. Strategically located in the Gulf’s shallow waters off the Tabasco coast, within the geologically Cuenca Salina del Istmo province. This well follows the successful discovery in the Saasken-1EXP […]
The acquisition, which enhances shareholder value through immediate financial accretion, is structured with 24.8 million Talos shares and approximately $965 million in cash. The boards of directors of Talos and QuarterNorth Energy unanimously approved this transaction, establishing a clear path to completion in the first quarter of 2024, pending standard closing conditions and regulatory clearances. […]
The well encountered 30 meters (98 feet) of high-quality, hydrocarbon-bearing sandstone. It is located approximately 365 kilometers northwest off the coast of Luanda and was drilled in 1,100 meters (3,608 feet) of water by the Valaris Limited DS-9 rig. The Bavuca South-1 well is part of the Angola Block 15 redevelopment project. As […]
Maersk Nomad will be operating with two ROVs onboard, providing general and subsea support scopes for ExxonMobil’s six ultra-deepwater drillships currently operating offshore Guyana in the Stabroek Block. All are expected to continue operating for the foreseeable future. The first charter is expected to commence in mid-November 2022, out of Georgetown, Guyana. Source: Maersk Supply […]
Detailed analysis of the data collected by the well is ongoing, with the aim of refining volumetric estimates and potential commerciality for both the discovery and the full area. The Hermes discovery has helped to de-risk the nearby Poseidon and Orpheus structures, which represent attractive potential future appraisal targets to fully assess the potential of […]
Through its indirect wholly-owned Netherlands-based subsidiary Yinson Bergenia Production B.V. has entered into a USD720 million syndicated loan facility for the FPSO Maria Quitéria project, with ING N.V., Singapore Branch, Maybank Group, Natixis Corporate & Investment Banking, Standard Chartered Bank (Singapore) Limited and UOB Limited as Mandated Lead Arrangers, Underwriters and Bookrunners. The agreement was […]
The contract is for the maintenance and monitoring of turbomachinery equipment operations at Coral Sul FLNG, the first deep-water floating liquefied natural gas (LNG) facility operating off the coast of Mozambique on the Eni-led Coral South project. As part of the scope, Baker Hughes will also provide remote monitoring and diagnostics services, leveraging its […]
Sval Energi AS strengthens its position on the Norwegian Continental Shelf by closing the previously announced Martin Linge and Greater Ekofisk Area transactions with Equinor and the acquisition of Suncor Energy Norge AS. ✔The acquisitions from Equinor of holdings in the Martin Linge Unit and the Greater Ekofisk Area closed 30 September, with an […]
This award underpins Sembcorp Marine EPC newbuild execution capabilities built on a strong track record of floating production facilities deliveries to FPSO operators and oil majors The P-82 is the largest contract secured by Sembcorp Marine from Petrobras and will add more than S$4.25 billion to the Company’s order book of S$2.52 billion as […]
Nothing was left to chance when the two crane drivers, with the support of more than 260 offshore workers onboard Sleipnir, lifted what corresponds to the weight of around two Eiffel Towers. The lift has been prepared for years, and every single step prior to, during, and post lifting has been outlined in several hundred […]
