Latest News for: Offshore exploration


Cue secures funds for Australia, Indonesia projects

Upstream Online 26 Jun 2022
Cue has exploration and development operations ... wells under way to get the best out of remote fields Medco Energi on track for Indonesian gas project sanction Aussie JV hires rig for 'Red Centre' exploration wells Owners take a look at historical Indonesian offshore oil discovery.

Resumption of petroleum drilling at Recto Bank pushed

Manila Bulletin 25 Jun 2022
The Recto Bank prospect is under Service Contract 72 and the other exploration activity being advanced by PXP Energy is its Service Contract 75, which straddles offshore northwest of Palawan basin. “This encouraged our service contract (SC) holders to restart investments in WPS exploration.

A round of applause, please, for industry winners

Upstream Online 24 Jun 2022
Meanwhile, Italian energy major Eni last week was named the upstream industry’s “most admired explorer” in consultant Wood Mackenzie’s annual Exploration Survey, and Eni also scooped WoodMac’s discovery of the year for its find at Baleine offshore Cote d’Ivoire.

Guest opinion: La. 1 upgrades are a major victory for south Louisiana

Houma Today 24 Jun 2022
1 is the sole-access highway to America's busiest intermodal energy hub, Port Fourchon, which services over 90% of our nation's offshore energy exploration and production ... 1 is also the only roadway to support the Louisiana Offshore Oil Port, which is vital to American and global oil markets.

Denmark to cut electricity tax to curb energy prices

Xinhua 24 Jun 2022
The tax cut will reduce the electricity tax by 4 ore (0.57 U.S ... Meanwhile, the parties agree that the green fund should be prioritized wisely and contribute to Denmark's green transition, including the achievement of Denmark's climate goals, through offshore wind development, afforestation, pyrolysis and carbon capture. ■. EXPLORE XINHUANET. News ... .

A shift to the left

The News International 24 Jun 2022
This was not an easy victory ... What Petro said in his victory speech was a reiteration of the many climate change-related proposals he tabled during his campaign, such as an immediate ban on unconventional oil fields, fracking pilot projects, and the development of offshore wells, and an end to new licences for fossil fuel exploration ... Courtesy ... .

Walking RI: Trolley line left its mark at Lincoln's Lime Rock Preserve

The Providence Journal 24 Jun 2022
I explored the grass-covered dam and saw that water flows through a square cement gatehouse just offshore and passes through a culvert at the bottom of the dike to form the Moshassuck River, lined with dense green ferns and skunk cabbage ... I wanted to explore a bit more, so I ...

FACT SHEET: Biden Administration Launches New Federal-State Offshore Wind Partnership to Grow American-Made Clean Energy

The White House 23 Jun 2022
... supply chain development provides equitable benefits and minimizes any potential adverse impacts.Explore aligning planned offshore wind procurements with offshore wind lease auctions.Support the development of a domestic fleet of offshore wind installation and service vessels.

The Worldwide Well Testing Services Industry is Expected to Reach $10.9 Billion by 2030 -

The Facts 23 Jun 2022
Furthermore, increasing offshore exploration and production activities, along with the thriving demand for fossil fuels to raise fuel production, is also presenting various growth prospects to the industry growth over the forecasting years ... Exploration and adoption of unconventional oil & gas resourcesGrowth in oilfield discoveries.

APA Flows Oil From Block 58 Well Off Suriname

Rigzone 23 Jun 2022
APA Corporation has completed the flow test from the Krabdagu exploration well (KBD-1) on Block 58 offshore Suriname ... .

Manila Ends Joint Oil Exploration With China, Says Constitutional ‘Abyss’ Prevents Further Progress

Sputnik 23 Jun 2022
The outgoing Philippine administration has canceled a project with China to jointly explore offshore oil deposits, claiming the country’s constitution prevents the project from going further. The deposits are under seas claimed by both countries, making cooperation a touchy subject ....

Gas prices and the summer season

Pauls Valley Democrat 23 Jun 2022
... are purposely holding back drilling and exploration and create the high prices, which they say turns into high profits ... The Biden administration, Republicans claim, are thwarting production and exploration opportunities by halting federal leases on federal land and offshore.

Offshore wind farms expected to reduce clam fishery revenue, study finds

Phys Dot Org 22 Jun 2022
An important East Coast shellfish industry is projected to suffer revenue losses as offshore wind energy develops along the U.S ... Total fleet revenue declines measured by the studies ranged from 3 percent to 15 percent, depending on the scale of offshore wind development and response of the fishing fleet ... Explore further.

BP signs for new acreage offshore Indonesia

Upstream Online 22 Jun 2022
UK supermajor BP has signed 30-year production sharing contracts for the Agung I and Agung II gas exploration blocks offshore Indonesia with the ...