Oil & gas news

Shearwater GeoServices has announced the award of a large towed streamer 3D acquisition and Fast Track processing project in the Black Sea by Total E&P Bulgaria B.V.

Preliminary estimates place the size of the oil discovery, 11 km southeast of Gudrun, between 1 and 2.7 million m3 of recoverable oil.

VOS will continue its exclusive provision of four vessels to support BP’s North Sea and West of Shetland assets until 2023.

Rystad Energy expects the outbreak of the coronavirus disease known as COVID-19 to cause extensive staffing and supply shortages in China, South Korea and Singapore.

The acquisition includes a 22% non-operating interest in the producing Abu Sennan concession, onshore Egypt.

Ocean Infinity has been awarded a contract with ExxonMobil for AUV geophysical and geotechnical data acquisition within the Stabroek block offshore Guyana.

The FPSO Abigail-Joseph is expected to reach Nigeria by early May after which she will undergo final commissioning works.

Xodus believes worldwide energy consumption will continue to increase, driven by economic growth in developing countries, and that approximately half of that demand will need to be fulfilled by natural gas.

Wood is delivering an engineering design project for Chevron’s Anchor deepwater development in the Gulf of Mexico.

The Agogo field offshore Angola now has 1 billion bbl, following the drilling of appraisal well Agogo-3.