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.

The Alaska Gasline Development Corporation (AGDC) has signed an agreement with BP and ExxonMobil to collaborate on ways to advance the Alaska LNG project by working together to identify ways to improve the project’s competitiveness, and progress the Federal Energy Regulatory Commission authorization to construct the project.

McDermott International, Inc. and Baker Hughes, a GE company have announced that they have been awarded subsea umbilicals, risers and flowlines (SURF) and subsea production system (SPS) equipment contracts by BP for the Greater Tortue Ahmeyim natural gas project, located offshore Mauritania and Senegal. BP, BHGE and McDermott are working together to realize efficiencies, synergies and enhanced delivery times.

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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