Inpex Wins Exploration Acreage Offshore Norway
ranges between approximately 350 and 1,000 meters.Additionally and also as a part of the APA 2018 licensing round, Inpex was awarded a 40% participating interest in exploration license PL767B, an extension area to exploration license PL767 in which Inpex acquired* a 40% interest in 2017.Oil and natural gas exploration activities in the Norwegian sector of the North Sea began in the 1960s, resulting in the discovery of numerous large-scale oil and gas fields. Thereafter, exploration activities have expanded north to the Norwegian Sea and the Barents Sea.In recent years, oil and gas fields estimated to
Murphy Oil Closes Gulf of Mexico JV
Murphy Oil Corporation announced that it has closed its previously announced deal to form a Gulf of Mexico joint venture with Petrobras.The global independent oil and natural gas exploration and production company said in a press release that its wholly owned subsidiary, Murphy Exploration & Production Company - USA, has closed the previously announced strategic deep water Gulf of Mexico joint venture with Petrobras America (PAI), a subsidiary of Petrobras for net cash consideration of approximately $795 million.The transaction has an effective date of October 1, 2018, it added.Murphy’s
BMT Provides Expert SEA Advice in Israel
based consulting firm, GeoProspect, to provide independent expert advice and guidance for Israel’s Ministry of National Infrastructure, Energy and Water Resources. Geo-Prospect was contracted as the lead consultant to undertake a Strategic Environment Assessment (SEA) for offshore Oil and Natural Gas exploration and extraction. BMT identified and defined potential sources of environmental impact, based on the operating criteria for offshore drilling and production in Israel. This intelligence, in conjunction with a review by BMT, of the habitats assessment undertaken by the Israel
Will Naval Operations Heat up in the Arctic?
of these changing oceanographic conditions." Because of its thick shield of sea ice, the Arctic historically has had limited naval strategic relevance beyond submarine operations. But as this frozen cover changes, it is opening new commercial shipping lanes; increasing oil and natural gas exploration, fishing, and tourism; and raising potential new security concerns. It also may create new requirements for the Navy's surface fleet. "Having accurate forecasting models will help the Navy determine what types of surface vessels it will need to build in the near future and
Schlumberger to Acquire Coiled Tubing Drilling Units
rigs and coiled tubing well service units featuring proprietary technology, including AC high-capacity coil injectors, deep re-entry drilling capability, modular transportation systems, and continuous integration of in-house advances in methodologies. The company has contracts with oil and natural gas exploration and production companies, and integrated oilfield service providers in Canada, the United States, the Kingdom of Saudi Arabia, India and internationally.
Deep-sea Internet Being Developed at UB
University at Buffalo (UB) researchers are developing a deep-sea Internet: they consider that the technological breakthrough could lead to improvements in tsunami detection, offshore oil and natural gas exploration, surveillance, pollution monitoring and other activities. “A submerged wireless network will give us an unprecedented ability to collect and analyze data from our oceans in real time," said Tommaso Melodia, UB associate professor of electrical engineering and the project’s lead researcher. “Making this information available to anyone with a smartphone or computer
Arctic Walrus Change Mass Haul Out Behavior
out). Conserving and restoring protected species such as whales is one of NOAA Fisheries' core missions. The goal of the surveys is to document the distribution and relative abundance of bowhead, gray, minke, fin whales, beluga whales and other marine mammals in areas of potential oil and natural gas exploration, development and production activities in the Alaskan Arctic. This study is being funded and co-managed by the Bureau of Ocean Energy Management (BOEM)'s environmental studies program.
Western Gulf of Mexico: 21 Million Acres up for O&G Development
energy strategy to continue to expand safe and responsible domestic energy production, Bureau of Ocean Energy Management (BOEM) Director Tommy P. Beaudreau announced that BOEM will hold a lease sale tomorrow that will make nearly 21 million acres offshore Texas available for oil and natural gas exploration and development. BOEM estimates that Western Gulf of Mexico Lease Sale 233 could lead to the production of up to 200 million barrels of oil and 938 billion cubic feet of natural gas. During tomorrow’s lease sale, BOEM will open 61 bids submitted by 12 companies on 53 offshore blocks
Cenpes Leading Petrobras’ R&D Effort
plan, the 2013-17 business plan was based on the following principles: • Maintaining the same production targets for oil & gas production; • No additional projects, except those related to oil & natural gas exploration and production in Brazil; • Incorporating the results of the structural support programs: PROCOP, PROEF, PRCPoço and INFRALOG; • Expanding the scope
February 2025
