QatarEnergy announced today a light oil discovery in the Jonker-1X deep-water exploration well, which marks the company’s third recent discovery offshore Namibia. The well was drilled to a total depth of 6,168 meters in a water depth of 2,210 meters. The acquired data is being evaluated while further appraisal is planned to determine the size […]
deepwater
Posted inExploration & Production, Exploration
India’s ONGC signs deal with US major Exxon Mobil for deepwater exploration
Data exchange between both companies has led to the exploration partnership agreement, ONGC said
Posted inProducts & Services
Current cybersecurity measures offshore are ‘out of step’: Study
There are many real challenges in the way of true cybersecurity at deepwater drilling sites
Cyber defence expert Naval Dome and the offshore division of a supermajor have completed a joint project to identify and mitigate cyber risks common to offshore deepwater drilling rigs. Findings from the two-year project, culminating in the installation and pilot testing of Naval Dome’s Endpoint cyber defence system aboard drilling rigs in the Gulf of […]
Posted inDRILLING & PRODUCTION
Once the costliest for deepwater opex, South America emerges as cost-saving champion in 2020
South America’s deepwater opex is driven mainly by Brazil, which accounted for roughly 99% of the continent’s brownfield costs from 2013 to 2020
Posted inDRILLING & PRODUCTION
Deepwater only upstream segment expected to grow above 5% in 2020: Rystad Energy
Rystad Energy is forecasting that overall global upstream investments in 2020 will decrease by around 4%.
Posted inExploration
ExxonMobil CEO highlights growth plans, advances in lower-carbon solutions
The company has announced it would increase tight oil production in the US Permian Basin five-fold, and start up 25 projects worldwide, which will add volumes of more than one million oil-equivalent barrels per day.