Sandvik Wins Mero Steel Tube Umbilical Order
order in Brazil’s pre-salt Mero oilfield.Mero is an expansive pre-salt oilfield in the Santos Basin offshore Rio de Janeiro with immense oil production potential. The Mero oilfield is being managed by the Libra Consortium, made up of a partnership between Petrobras, Total, Shell Brasil, CNPC and CNOOC Ltd.The first phase of the project - Mero 1 - is an ultra-deepwater project consisting of 17 wells in a water depth of approximately 2,000 meters.According to Sandvik, the stainless steel umbilical tube order contract is significant for the Brazilian offshore oil and gas industry, which typically uses
Petrobras, Partners Find Hydrocarbons in New Libra Well
well was concluded, and that another two wells are being explored. Libra, an area believed to contain 8 billion to 12 billion barrels of oil under the seabed, is being operated by Petrobras. The concession is also owned by Royal Dutch Shell Plc, Total SA, China National Petroleum Co, CNOOC Ltd and a Brazilian state firm known as PPSA. (Reporting by Guillermo Parra-Bernal; Editing by Chris Reese
Technip, COOEC Bag FEED Contract for Liuhua Fields
Technip and its consortium partner China Offshore Oil Engineering Company (COOEC) have been awarded a front end engineering design (FEED) contract by China National Offshore Oil Corporation Limited (CNOOC Ltd.) for two tension leg platforms(1) (TLPs) for the Liuhua 11-1 and 16-2 joint development project located in the South China Sea. As key technical partner to COOEC, Technip will carry out the FEED work of China’s first two TLPs. The contract covers the design and engineering of the topsides (including two drilling rigs), hulls, mooring and riser systems. It is expected to be
Security Threat in Yemen Shuts CNOOC's Nexen Facility
CNOOC Ltd's Nexen unit is shutting operations at an oil field and processing facility in Yemen due to a security threat, a Nexen spokeswoman said on Sunday. The spokeswoman said Nexen determined there is an undue risk for staff working at its Block 51 field operations and BAK PF processing facility in Yemen. "As a prudent operator, we are temporarily shutting-down Block 51 PSA field facilities to ensure the safety of our people. The shut-down will be progressed in a timely manner. Our personnel will vacate and production will cease," Nexen spokeswoman Diane Kossman said in
First Libra Offshore Oil Well Confirms Discovery
continue its operations to complete the project well drilling to the intended depth and to verify the extension of the new discovery, in addition to characterize reservoir conditions encountered. The consortium of Libra is formed by Petrobras (operator, 40%), Shell (20%), Total (20%), CNPC (10%) and CNOOC Ltd. (10%), and Pré-Sal Petróleo SA (PPSA ) the management of the contract. (PPSA). Libra was first auctioned by the National Agency of Petroleum, Natural Gas and Biofuels (ANP) under the production sharing regime area
China Studies Floating Gas Plants for South China Sea
city of Tianjin. Approached later at the seminar by Reuters, Xie declined to make additional comments. He gave no cost estimate for building an FLNG facility, although other industry officials said it could run to several billions of dollars. CNOOC Group, parent of the flagship listed unit CNOOC Ltd , told Reuters on Tuesday that research into FLNG technology was under way but declined to say more. The group has long said it wanted to conduct more exploration in deeper waters off China, having in 2010 set a goal to find by 2020 another "Daqing" - an onshore field in the country's
China Optimistic of Finding Gas off Vietnam
about the potential of the area. The first round of drilling had been completed, the rig operator said on Tuesday, without giving any results from the tapped wells. The $1 billion deepwater rig owned by state-run China National Offshore Oil Company Group (CNOOC Group), parent of flagship unit CNOOC Ltd, is scheduled to explore until mid-August. "The place where the rig is drilling at the moment is likely to be a gas field. China conducted three-dimensional geological surveys before moving the rig there," said Wu Shicun, president of the National Institute for South China Sea Studies
February 2024
