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Wintershall Dea makes discovery in Norwegian Sea

April 8, 2020
| Archives

Bergknapp oil discovery with resource estimate between 26–97 million boe Appraisal measures and development options being considered Wintershall Dea, Europe’s leading independent gas and oil company, has made an oil discovery at the own-operated Bergknapp prospect in the Norwegian Sea, close to the Maria field. The well, drilled by the Scarabeo 8 drilling rig, encountered an oil column of

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Pemex doubling up despite market conditions

April 8, 2020
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Outside of Saudi Arabia and Russia, most oil producers are racing to deal with the historic oil price collapse by cutting back spending and in some cases production. But Mexico’s national oil company is acting like the crash never happened. Petroleos Mexicanos aims to nearly double drilling to 423 wells this year and accelerate development of 15 recent

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Why your Business needs Social Media Channel Management

April 7, 2020
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There are many parts to Social Media Marketing.  Anyone can do the occasional Social Media post, but it takes time, thought and training to use Social Media effectively.  You are probably familiar with LinkedIn, Facebook, Twitter, Instagram and Youtube.  Do you know how to best use these channels to improve your exposure on Social Media?  Do you

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Equinor and partners discover oil in the Gulf of Mexico

April 7, 2020
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Equinor and co-venturers Progress Resources USA Ltd and Repsol E&P USA Inc. have encountered oil in the Monument exploration well in the US Gulf of Mexico. The Monument exploration well found approximately 200 feet (c. 60 metres) of net oil pay with good reservoir characteristics in Paleogene sandstone. This provides an early indication of the productive reservoir interval at

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Is a historic global oil deal just around the corner?

April 7, 2020
| Archives

The world’s largest oil producers are pressing ahead with talks for an unprecedented deal to mitigate the devastating impact of the coronavirus crisis on their industry, even as their leaders exchange barbs. The challenge now is to nail down numbers everyone can live with. Ministers and diplomats will spend the next two days talking about who’s willing to

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Total sheds $400 m of none-core assets in Brunei, Sierra Leone and Liberia

April 7, 2020
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Paris – In line with its strategy of actively managing its asset portfolio and its objective to divest 5 B$ on years 2019-2020, Total is pursuing the divestments of several non-core assets in both Exploration-Production (Brunei) and Marketing & Services (Sierra Leone and Liberia). These divestments represent a global value of more than 400 million US Dollars. Brunei –

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Halliburton cuts more jobs in Oklahoma

April 6, 2020
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Oilfield services firm Halliburton on Monday was cutting about 350 employees in Oklahoma, according to a filing with the state, amid a deepening oil bust from the spread of coronavirus and a price war between Russia and Saudi Arabia. Staff cuts could begin this week at its Duncan, Oklahoma facility, the filing said, and will be permanent. The

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Rocket episode in southern Iraq: Eni says relatively far from its Basra ops

April 6, 2020
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Italian oil and gas group Eni said on Monday rockets that landed in southern Iraq had fallen some distance from its Zubair field and operations continued. “All personnel of the field are in a safe condition and production hasn’t been affected,†an Eni spokeswoman said. Three rockets landed on Monday near U.S. oil service company Halliburton’s site in Basra,

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Petrobras discovers oil in Uirapuru, in the Santos Basin pre-salt

April 6, 2020
| Archives

  Petrobras identified the presence of oil in a pioneer well in the Uirapuru block, located in the Santos Basin pre-salt. The discovery was confirmed in porous reservoirs, in the exploratory prospect known informally as Araucária. The well data will be analyzed to better target exploratory activities in the area and assess the potential of the discovery. The pioneer well is

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