Oil & Gas News

A material made from waste cooking oil and sulphur that can soak up oil spills and other pollution will be commercialized following a deal between its South Australian inventors and a Singaporean company.

Eni announces a new oil discovery on the Saasken Exploration Prospect in Block 10, located in the mid-deep water of the Cuenca Salina in the Sureste Basin, Offshore Mexico. According to preliminary estimates, the new discovery may contain between 200 and 300 million barrels of oil in place.

Oceaneering International, Inc. announces the award by units of BP p.l.c. ("BP"), of a contract to provide comprehensive riserless light well intervention (RLWI) services offshore Angola in Blocks 18 and 31. The value of this meaningful award is reflected in the company’s December 31, 2019 Subsea Products backlog.

Aquaterra Energy, a leader in global offshore engineering solutions, has secured a significant agreement from Chevron, through its wholly owned subsidiary in Angola, Cabinda Gulf Oil Company Limited (CABGOC), to design and support installation of a Sea Swift offshore platform solution off the coast of Angola.

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