Oil & Gas News

Eni announces a major oil discovery in Block 15/06, in the Agogo exploration prospect, in Angola’s deep water. The new discovery is estimated to contain between 450 and 650 million barrels of light oil in place with further upside.

With 560 beds the Johan Sverdrup living quarters topside is the largest of its kind in Norway. The fourth and last platform for the first phase of the giant project is now ready for sail-away from Kværner’s yard on Stord to the Johan Sverdrup field, where it will be installed in a single lift.

In support of President Donald J. Trump’s America-First Offshore Energy Strategy, Interior’s Assistant Secretary for Land and Minerals Management Joe Balash and Bureau of Ocean Energy Management Acting Director Walter Cruickshank have announced that BOEM proposes to offer 78 million acres for a region-wide lease sale scheduled for August 2019. The sale would include all available unleased areas in federal waters of the Gulf of Mexico.

Interior’s Assistant Secretary for Land and Minerals Management Joe Balash announces that region-wide Gulf of Mexico Lease Sale 252 generated $244,299,344 in high bids for 227 tracts covering 1,261,133 acres in federal waters of the Gulf of Mexico. A total of 30 companies participated in the lease sale, submitting $283,782,480 in all bids.

Offshore Survey, which takes place alongside Ocean Business at the National Oceanography Centre in Southampton UK, from 10-11 April 2019, confirms two high profile speakers to deliver keynote presentations on each day of the conference.

Deep Down, Inc. (Deep Down, Inc. (OTCQX: DPDW), a specialist in deep water oil and gas production and distribution equipment and services, announces that it has secured $4.4 million in orders for flying leads and associated equipment, and offshore installation services for the Gulf of Mexico.

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