by admin | Jun 2, 2021 | News
MIAMI, Florida – Equinor and partners have committed to develop Phase 1 of the Bacalhau field in the Brazilian presalt Santos basin, at an estimated cost of $8 billion. Partners in the development include Equinor, ExxonMobil. Drilling and well...
by admin | Jun 2, 2021 | News
MIAMI – Exploration in the Americas last year in 2020 held up better than expected. Among the largest offshore discoveries were at Kwaskwasi offshore Suriname. Apache Corp. and partner Total have made what may be their largest oil discovery to date....
by admin | Jan 31, 2021 | News
Beacon Offshore Energy LLC has made an oil discovery in the deepwater Gulf of Mexico, according to partner Kosmos Energy. Miami – Yet another oil find in the Gulf of Mexico! Beacon Offshore Energy LLC has made an oil discovery at the Winterfell prospect on Green...
by admin | Jan 22, 2021 | News
NASSAU, the Bahamas – A Bahamian justice official has declined to grant orders requested by environmental groups that would impact the offshore Perseverance #1 well. “This is a very positive outcome for the completion of the Perseverance #1...
by admin | Jan 14, 2021 | News
RICHMOND, Virginia – The keel for Dominion Energy’s offshore wind turbine installation vessel Charybdis has been laid. Said to be one of the biggest vessels of its kind in the world, it will have accommodations for up to 119 people.The overall project cost is...
by admin | Dec 18, 2020 | News
South America’s offshore production is set to overtake volumes from North America by 2024, according to GlobalData. MIAMI – South America’s offshore production is set to overtake volumes from North America by 2024, according to GlobalData. Major projects off Brazil...