By Bojan Lepic London-listed oil company Bahamas Petroleum Company (BPC) has raised the cost estimates for the drilling operation of its Perseverance #1 off the Bahamas citing COVID-19 mitigation measures. The… … Read Full Article Here For more great articles: Offshore Energy Today
By Adnan Bajic Argentina and Brazil are set to turn to additional LNG volumes in order to cover the demand gap expected in 2025. The two countries, whose combined gas demand is set to grow to 90 billion cubic meters (Bcm) in 2025 from an estimated 76.5 Bcm in 2020, will not only need to…
By Bojan Lepic If Turkey develops the giant Tuna-1 (Danube-1) gas discovery, it could potentially save the country up to $21 billion in import costs, Rystad Energy estimates. The post Rystad Energy: Giant Tuna-1… … Read Full Article Here For more great articles: Offshore Energy Today
By _Offshore_Energy_Today_ The world’s oil and gas explorers have discovered 12.2 billion barrels of oil equivalent (boe) in 2019, the highest volume since 2015, according to estimates by energy intelligence firm Rystad Energy. … Read Full Article Here For more great articles: Offshore Energy Today
By LNG World News Europe’s imports of liquefied natural gas (LNG) have been steadily increasing since October 2018, and reached a new monthly record of 12.7 billion cubic feet per day (Bcf/d) in November 2019, according to the U.S. Energy Information Administration (EIA) estimates. Read Full Article Here For more great articles: LNG World News
By Offshore Energy Today.. On October 5 Equinor started production from the giant Johan Sverdrup field in the North Sea, more than two months ahead of and NOK 40 billion below the original estimates in the plan for development… … Read Full Article Here For more great articles: Offshore Energy Today
By Offshore Energy Today.. BW Offshore has raised its reserves estimates at the Hibiscus structure located on Dussafu Marin Permit, offshore Gabon, after finding oil in both the exploration well and appraisal sidetrack. … Read Full Article Here For more great articles: Offshore Energy Today
By Offshore Energy Today.. U.S. supermajor ExxonMobil is looking to sell its Norwegian upstream assets. The portfolio has an estimated value of $3.1 billion, according to Rystad Energy. … Read Full Article Here For more great articles: Offshore Energy Today
Rystad Energy estimates a further 35 high-impact exploration wells will be drilled offshore and onshore this year. Read Full Article Here For more great articles: Offshore RSS Feed
By LNG World News Finnish shipping company Containerships, part of French CMA CGM group, said its earnings before interest, taxes, depreciation and amortization (EBITDA) estimates have been cut. Read Full Article Here For more great articles: LNG World News