BHP Billiton has outlined its value-focused approach to exploration.
Speaking at Citigroup’s Mining Exploration Day in Sydney, BHP Billiton Head of Geoscience, Laura Tyler, said the company is focusing its exploration approach through targeted analysis and the establishment of a Geoscience Centre of Excellence.
Tyler said exploration is seen as a key source of value creation for BHP Billiton.
“We are investing at a time when most in our sector continue to reduce discretionary spend,” she said. “Next financial year, we intend to invest approximately $900 million dollars in exploration, which represents 18% of our overall capital budget.
“We are also challenging existing paradigms with a scientific based and disciplined approach to exploration. We have reduced exploration operating costs by 70% since 2013, and this year we have increased the targets tested by 44%.”
BHP Billiton’s Petroleum exploration program is focused on three conventional deepwater basins in: the Gulf of Mexico,the Caribbean (in Trinidad & Tobago and Barbados), and the Northern Beagle sub-basin off the coast of Western Australia.
“Over the last four years we have developed a new approach to petroleum exploration that is much more focused,” Tyler said.
“We have commenced drilling in Trinidad and Tobago and have secured an additional rig which will soon commence drilling in a prospective block north of our Shenzi operations in the Gulf of Mexico.”
BHP Billiton’s Copper exploration program is targeting tier 1 greenfield mineral deposits, with a particular focus on: copper porphyry and skarn deposits in Chile, Peru and the south west of the United States sedimentary hosted copper deposits in the north of Canada, Iron Oxide Copper Gold deposits in South Australia’s Stuart Shelf, adjacent to Olympic Dam.
“We execute our Copper exploration both directly and through investment in joint venture opportunities and we continue to seek partnerships with junior explorers,” Tyler said.
The company’s regionally based exploration teams are supported by a globally integrated geoscience team to facilitate a faster adoption of best practice and new technology.
“Internal collaboration is very important and we are leveraging our Petroleum business geoscience to identify prospective sediment hosted copper deposit basins,” Tyler said. Similarly, we are adopting technology from Petroleum and applying directional drilling techniques to copper exploration.”
The losses continue for some of the industry’s biggest names, as ExxonMobil reported major losses in the second quarter this year. [Oilpro]
Chevron Posts Third Quarterly Loss In A Row.
The bad times keep on rolling for Chevron as the company again posted underwhelming results for last quarter, posting a loss of $1.47 billion. [Oilpro]
Russia And Venezuala To Work Together For South American Energy.
Russia's Rosneft and Venezuela's PDVSA are considering the construction of power generation facilitiesin the South American country, according to TASS, the Russian News Agency. [Oilpro]
Saudi Aramco Extends Jack-Up Contract.
Saudi Aramco is holding onto a pair of Seadrill jack-ups for another three years, according to a press release from Mermaid Maritime. [Oilpro]
Statoil Buys Petrobas Field for $2.5 Billion.
“Statoil will buy Petrobras’s operating interest of 66 percent in the BM-S-8 offshore license in the Santos basin, which it estimates to hold between 700 million and 1.3 billion barrels equivalent of recoverable oil, according to a statement from the Norwegian driller.” [Bloomberg]
Private Banks May Lose Big Amid Singapore Oil And Gas Credit Issues.
“Oil and gas services firms have aggressively tapped the local bond market, particularly in 2013 and 2014, but a subsequent collapse in oil prices, tumbling charter rates and delays to projects has sent the industry reeling.” [Reuters]
OPEC Oil Output Set To Reach Record High.
According to a new survey, OPEC’s output in July may reach its highest in recent history as Iraq pumps more and Nigeria exports additional crude supplies. [Oilpro]
Pioneer Natural Resources Co. Says Fracking Costs Competitive With Saudis.
“The comments from [CEO Scott Sheffield], who is retiring soon, were perhaps the most concrete sign yet that the fittest U.S. shale oil producers will survive the price crash that started in mid-2014 when Saudi Arabia and OPEC moved to pump heavily to win back market share from higher-cost producers. [Reuters]
US To Speed Up Permitting For Drilling On Federal And Indian Lands.
“In an attempt to streamline drilling approvals and reduce costs for companies, U.S. Bureau of Land Management Director Neil Kornze said all drilling applications would have to be filed online under the new proposal. [Business Insider/Associated Press]
ISIS Feels Pressure As Oil Revenues Collapse.
After losing control of a number of oil fields, the Islamic State is finding itself more cash-strapped than usual and media reports say it has suffered a “near collapse” in oil revenue. [Oilpro]
雅加达,10.25(路透社)-印尼国家石油公司发言人在本周二表示,在持续海域勘探扩张的同时,计划2017年印尼原油产量增加42%,天然气产量增加17%。本月初,印尼国油与俄罗斯国家石油公司就在俄罗斯上游项目签署协议。同时,他们还与伊朗签署首个资产转让协议,这些资产据估计原油储量超过50亿桶。该公司在4月份表示,他们计划投资20亿美元购入能源项目,不仅包括国内项目,还有伊拉克、俄罗斯、沙特阿拉伯、阿联酋、加蓬、哈萨克斯坦和阿塞拜疆的项目。该公司还期望在十二月购入莫雷尔的部分资产,据估计价值10亿美元。
来自/Rigzone 10月25日消息 编译/尉晶
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JAKARTA, Oct 25 (Reuters) – Indonesia's Pertamina is targeting a 42 percent increase in crude oil production and a 17 percent increase in gas production in 2017 amid continued overseas expansions, a spokeswoman said on Tuesday.Earlier this month. Pertamina signed a deal with Russia's Rosneft that it hoped would pave the way for its first stakes in upstream projects in Russia.Pertamina is also working toward its first asset deal in Iran, with a review currently underway of several oilfields with estimated reserves of more than 5 billion barrels of oil.The company said in April it planned to spend up to $2 billion this year to buy into energy projects, both domestically and in Iraq, Russia, Saudi Arabia, the United Arab Emirates, Gabon, Kazakhstan and Azerbaijan. The company expects to acquire the remaining stake in Maurel, estimated to be worth close to $1 billion, by December.
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根据“尼日尔三角洲复仇者”发表在Twitter上的一份声明,雪佛龙公司在尼日利亚的RMP 23和RMP 24 油井遭到爆炸袭击。6月1日早上3点44分,“尼日尔三角洲复仇者”(以下简称NDA)带着100艘炮艇、4艘军舰和1架喷气式轰炸机,袭击炸毁了雪佛龙公司的RMP 23和RMP24油井。RMP 24 和 RMP 23油井被该组织列为雪佛龙公司最高产的油井中的一部分。雪佛龙没有立即证实这次袭击属实。“尼日尔三角洲复仇者”声称对5月26日在尼日利亚的雪佛龙Escravos terminal的猛烈袭击负责。NDA使用炸药对Escravos油罐区主要的电力线路进行破坏,这导致了尼日尔三角洲的雪佛龙公司陆上的活动都停止了。NDA警告过雪佛龙公司,没有必要对先前被组织瞄准上的设施进行修复工作,直至它的要求被完全满足。在这之后袭击就发生了。5月11日NDA在它的官方网站上说,它猜测雪佛龙正在准备Okan Valve平台的修复工作,而这一设施在5月初就被该组织袭击炸毁。在上周回应Rigzone的一封邮件里,雪佛龙公司的发言人说公司将不对人员和设备操作长期的安全性问题进行评价。来自/Rigzone 6月1日消息 编译/任伟伟[collapse title=英文原文请点击]Chevron’s RMP 23 and RMP 24 wells in Nigeria have been blown up, according to a Twitter statement from the Niger Delta Avengers.With the heavy presence of 100 Gunboats, 4 Warships and Jet Bombers NDA blew up Chevron Oil Well RMP 23 and RMP 24 3:44am this Morning.The attack was carried out in the presence of “100 gunboats, 4 warships and jet bombers,” said an NDA spokesperson in a Tweet. RMP 24 and RMP 23 were labeled by the group as some of Chevron’s highest producing wells.Chevron was not immediately available to confirm the attack.The Niger Delta Avengers claimed responsibility for an assault on Chevron’s Escravos terminal in Nigeria May 26.NDA used explosives to damage the Escravos tank farm main electricity feed pipeline, which resulted in Chevron’s onshore activities in the Niger Delta being shut down.The attack followed NDA’s warning to Chevron that no repair works should be carried out to facilities previously targeted by the group, until NDA’s demands are fully met. NDA claimed on its official website May 11 that it suspected Chevron was preparing to carry out repair works at the Okan Valve platform, which was blown up by the group at the start of the month.In an emailed response to Rigzone last week, a Chevron spokesperson said that the company will not comment on the safety and security of its personnel and operations as a matter of long-standing policy.[/collapse]
来自/Offshore Energy Today 7月26日消息 编译/赵美园石油圈原创www.oilsns.com
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A research partnership between the Government of India, the Government of Japan, and U.S. scientists has resulted in a discovery of ‘large deposits of potentially producible gas hydrate’ in the Indian Ocean. The international team of scientists was led by the Oil and Natural Gas Corporation (ONGC) of India on behalf of the Ministry of Petroleum and Natural Gas India, in cooperation with the United States Geological Survey (USGS), the Japanese Drilling Company, and the Japan Agency for Marine-Earth Science and Technology (JAMSTEC).
The USGS said that it has assisted the Government of India in the discovery of large, highly enriched accumulations of natural gas hydrate in the Bay of Bengal, the first discovery of its kind in the Indian Ocean that has the potential to be producible. The agency explained that natural gas hydrates are a naturally occurring, ice-like combination of natural gas and water found in the world’s oceans and polar regions. The amount of gas within the world’s gas hydrate accumulations is estimated to greatly exceed the volume of all known conventional gas resources.
The scientists from India, Japan, and the United States conducted ocean drilling, conventional sediment coring, pressure coring, downhole logging and analytical activities to assess the geologic occurrence, regional context and characteristics of gas hydrate deposits in the offshore of India.
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The FMC Technologies and Technip alliance has received an integrated engineering, procurement, construction and installation (EPCI) contract for Statoil’s Trestakk field. The contract was won based on an optimized subsea field layout, accomplished through close collaboration with Statoil during a FEED study performed by FMC Technologies’ and Technip’s joint venture, Forsys Subsea.
Technip will supply the flexible riser, production flowline, gas injection line, flexible jumpers and umbilicals. FMC Technologies will provide the subsea production system as well as tie-in hardware and tools. Trestakk is an oil and associated gas field in the Norwegian Sea.
Nord Stream 2是由国际六大油气公司联合修建的天然气管道线。该项目预计将建成两条海底管道,从俄罗斯北部经波罗的海海底达到德国,年总运输量达550亿立方米。先前的北方管道(Nord Stream)于2011年和2012年修建, Nord Stream 2项目基本沿先前管道铺设。去年九月,俄气Gazprom、德国E.ON和BASF SE/Wintershall、荷兰Shell、奥地利OMV和法国Engie等六大公司签署股东协议,计划联合实施Nord Stream 2项目。
来自/Offshore Energy Today 7月22消息 编译/赵美园石油圈原创www.oilsns.com
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Atlas Professionals’ offshore management and quality control (QC) team has secured a frame agreement with Nord Stream 2, an international, six-company consortium constructing a natural gas pipeline from Northern Russia.
The Nord Stream 2 project envisages construction of two offshore pipelines from Russia to Germany through the Baltic Sea with the aggregate annual capacity of 55 billion cubic meters of gas. The project builds on the Nord Stream project, a pipeline installed through the Baltic Sea in 2011 and 2012. The consortium consists of Gazprom, Uniper, BASF SE/Wintershall, Royal Dutch Shell, OMV AG and Engie. Its members signed a shareholders’ agreement on the implementation of the pipeline project in September of last year.
Atlas said on Friday that the service agreement with the consortium will see the company supply offshore vessel representatives for survey vessels on the project. The company added that the service agreement will last until the end of 2018. Atlas’ team based in Exeter, UK is one of the company’s specialized offices that provides the expertise in the discipline of offshore management & QC.
Business Manager of Atlas’ Offshore Management & QC, Grant Johnston, said: “We are extremely pleased to secure this service Agreement for the supply of Vessel Representatives for the Nord Stream 2 project. We look forward to forming a strong relationship with Nord Stream 2 AG, ensuring we supply the best consultants possible to manage and QC their offshore operations for the years to come.”
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阿布扎比 5月12日(路透社) --- 周四,Abu Dhabi National Oil Company (ADNOC)发布消息称:ADNOC已在第一次公司重大调整中重组领导班子,而这次重大调整于2月份 Sultan Al Jaber出任首席执行官后开始。
ADNOC任命Abdulaziz Abdulla Alhajri为炼油与石化部门经理, Omar Suwaina Al Suwaidi为天然气部门经理。ADNOC还重新任命了公司旗下18个运营单位中6个运营单位的首席执行官,其中包括Adco和Adma-Opco,而阿布扎比的绝大部分石油都产自这些合资企业。
这些职位全部由ADNOC内部人员出任。
Al Jaber在一份邮件声明中表示:此次职位变动表明ADNOC致力于通过提拔公司内部人才来增强公司实力。职位变动有利于改善公司上游业务的盈利状况,并提升下游业务的价值,促进天然气供应量提升,以及顶级人才的培养。石油圈原创www.oilsns.com
现今,ADNOC正考虑出售阿布扎比最大油田的40年期陆上开采特许权的股权。
来自/Rig Zone 5月12日消息 编译/赵宁
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ABU DHABI, May 12 (Reuters) - Abu Dhabi National Oil Company (ADNOC) said on Thursday it had reshuffled its leadership, in the first major shakeup since the appointment of Sultan Al Jaber as its chief executive in February.
ADNOC named Abdulaziz Abdulla Alhajri as director of its refining and petrochemicals division and Omar Suwaina Al Suwaidi as director of its gas division, it said in a statement.
The firm also appointed new chief executives for six of its 18 operating units, including Adco and Adma-Opco, the joint ventures responsible for most of the emirate's oil production.
The appointments are all promotions from within ADNOC's ranks, following the retirement of two executives.
"These new appointments reflect our commitment to strengthening and advancing our company by promoting talent from within," Al Jaber said in an emailed statement.
"They will also play a fundamental role in executing our strategic imperatives of creating a more profitable upstream business and a more valuable downstream business, ensuring more gas supply, and developing world-class talent," he said.
ADNOC is currently in talks to award stakes in its 40-year onshore concession to develop the emirate's biggest oilfields, after a deal with Western oil companies dating back to the 1970s expired in January 2014.
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来自/Your Oil & Gas News 6月27日消息 编译/赵美园石油圈原创www.oilsns.com
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Union Oil and Gas Group (“UOGG”) and state corporation Empresa Nicaraguense del Petróleo (“PETRONIC”), will sign an agreement for future operations in four oil and gas blocks in the Sandino Basin offshore of Nicaragua.
The agreement, which is currently being finalised via governmental process, will grant UOGG priority rights to the exploitation of hydrocarbons in these blocks and marks the company’s first expansion into Central America after recent rapid growth in Peru, Paraguay, Uruguay and Bolivia.
In January 2016, UOGG acquired 77 per cent of Peruvian onshore oil and gas Block 100. In May 2015, UOGG acquired control of Hydrocarbon Exploration Peru Ltd, which operates onshore oil and gas Block 183 in the Marañon Basin in Northeast Peru.
The Group also recently acquired a stake in Block 105 in the Titicaca Basin in Southern Peru, and controls 80 per cent of the Z34 offshore Talara block in the Northwest of the country.
In addition to its Peruvian assets, UOGG has stakes in six oil exploration blocks in Paraguay, a Uruguayan onshore block (Block B4) and a further block in Bolivia. The Group is currently applying for a license to operate in Belize.
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来自/Offshore Energy Today 10月18日消息 编译/赵美园石油圈原创www.oilsns.com
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Bluewater, a provider of floating production storage and offloading (FPSO) vessels, has been awarded a one-year contract extension for the FPSO Bleo Holm. The FPSO Bleo Holm has been working for Repsol Sinopec Resources UK, previously Talisman Energy, in the UK sector of the North Sea since 1999. The vessel is producing at the Ross, Parry, and Blake fields. It is located in a water depth of 110m (360 ft) in block 13/28a on the UKCS, 72 miles (116km) North East of Aberdeen.
Bluewater said on Tuesday that the extension was agreed at the existing contract terms. With this extension, the firm contract period has been extended up to June 30, 2018. The Bleo Holm is the sixth Bluewater designed, built, owned and operated FPSO installation. The vessel has a double hull, double sides, double bottom, a bulbous bow and weighs 105,000 dead weight tons. The unit is 242.3 meters long and it can accommodate 90 persons.
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合同内容包括采购、建造、桩腿延伸及沉垫浮箱安装。Lamprell将在阿联酋Hamriyah船厂建造桩腿和沉箱。造好的平台部件运到挪威后,Lamprell将与挪威建造服务商Coast Centre Base AS协作完成平台部件的组装工作,计划于2018年第二季度完工。该合同价值约9000万美元。这是Master Marine首次与Lamprell合作。
来自/Offshore Energy Today 9月26日消息 编译/赵美园石油圈原创www.oilsns.com
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Lamprell has received a contract award from Jacktel AS, a wholly owned subsidiary of Master Marine AS, for the upgrade of the mobile operating unit “Haven” as an accommodation service vessel for the Statoil-operated Johan Sverdrup field, offshore Norway.
The scope of works includes procurement, construction, and installation of extended legs and new suction caissons. Lamprell will fabricate the new leg sections and suction caissons in its Hamriyah yard in the United Arab Emirates. After transportation of the constructed rig components to Norway, Lamprell will assemble and install them on the Haven unit in collaboration with local Norwegian construction service provider, Coast Centre Base AS. The works are scheduled to complete in Q2 2018. Master Marine is a new client for the Group. This contract is valued at approximately $90 million.
James Moffat, Chief Executive Officer, Lamprell, said: “Lamprell has a well-established track record for undertaking major rig refurbishment projects and so it is pleasing to receive this contract award for work in connection with one of the most prestigious projects in the North Sea. We look forward to working closely with the various project partners on this exciting new project.”
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Magellan Petroleum Corporation (NASDAQ: MPET) today announced that it has entered into a definitive merger agreement with Tellurian Investments Inc., a recently formed private company focused on the development of a mid-scale liquefied natural gas facility on the U.S. Gulf Coast. Tellurian is led by Charif Souki, former founder, Chairman, and CEO of Cheniere Energy, Inc. and Martin Houston, former COO of BG Group plc.
J. Thomas Wilson, President and CEO of Magellan, commented, 'This transaction concludes our strategic alternatives review process and we believe offers a unique opportunity for Magellan's shareholders to participate at an early stage in an investment potentially similar to Cheniere Energy's remarkable success, under the leadership of Charif Souki. He and Martin Houston are proven leaders in the LNG industry.'
Martin Houston, co-founder of Tellurian, also commented, 'Our experienced team leading Driftwood LNG, a 26-millon tonnes liquefaction project in Louisiana, and our deep relationship with Bechtel and its sub-contractors, GE and Chart Industries, are key factors that we believe will drive the successful development of one of the most cost-competitive LNG projects globally. With this transaction, we will be able to access more attractive financing in order to develop Driftwood LNG, which should come on stream in 2022, just as the markets for new LNG open up.'
Hawkley Oil & Gas Limited advises that the sale of its Ukraine assets to Tomeas Assets Ltd has been terminated after Tomeas failed to meet the revised payment obligations as agreed. Hawkley will retain the US$100,000 initial deposit.
The sale was announced on 2 February 2016 and approved by shareholders on 16 March 2016. The original agreement was extended until 1 August 2016 after settlement was delayed whilst the parties worked through a number of due diligence and Ukraine regulatory approval issues. A further extension until 12 August 2016 was agreed, conditional upon receipt of a further US$100,000 deposit.
Hawkley has given the buyer numerous opportunities to complete the sale and is not prepared to grant further extensions. This disappointing result is further evidence of the difficulties of conducting business in Ukraine in the current envirionment. The Company has advised Tomeas that they may contact the Company if and when they have organised their finances and are able to proceed.
Hawkley has contacted other parties known to be interested in the assets. The Company remains optimistic that a sale will be completed in the near term and will provide further updates in due course.
With respect to the future directions of the Company, discussions are progressing with an Australian entity that has expressed interest in providing financial support and pursuing Oil & Gas opportunities in more politically stable countries.
PARIS -- Total has signed an agreement with Qatar Petroleum, granting the Group a 30% interest in the concession covering offshore Al-Shaheen oil field for a period of 25 years beginning July 14, 2017.
The Al-Shaheen field produces 300,000 bopd. The concession will be operated by a new operating company held 70% by Qatar Petroleum and 30% by Total.
Located in Qatari waters 80 km north of Ras Laffan, Al-Shaheen field began production in 1994. The existing development consists of 30 platforms and 300 wells, and production from the field represents about half of Qatar’s oil production.
RIO DE JANEIRO -- Aker Solutions has secured an agreement to provide maintenance and other services for subsea facilities at Petrobras-operated oil and gas fields offshore Brazil.
The contract is for a fixed term of three years and may be extended by another three years. It covers maintenance, storage, supply of parts and technical assistance for all subsea equipment delivered by Aker Solutions to Petrobras in Brazil.
"Brazil is a key global offshore market," said Luis Araujo, CEO of Aker Solutions. "We have a nearly four-decade presence in the country and are committed to finding solutions to help Petrobras develop its petroleum resources in the most efficient and sustainable manner possible."
This month, Aker Solutions is opening a new subsea manufacturing center in Curitiba, doubling its local production capacity. The company is also upgrading its subsea services unit in Rio das Ostras to better meet customer demand.
The contract will be managed at the base in Rio das Ostras in Rio de Janeiro, at a local content rate of 87%. This builds on a commitment to develop partnerships with national suppliers.
"We are pleased to be able to continue providing top-notch services and technologies to support Petrobras' production and growth plans in the pre-salt deepwater fields," said Maria Peralta, head of Aker Solutions in Brazil.
被Teekay Corporation收购后,ALP于2014年2月与新泻造船厂(Niigata Shipbuilding and Repair)签署了建造四艘拖轮的合同。前两艘预计分别于2016年8月和12月交付,其余两艘2017年交付。Leusink称:除了新泻造船厂交付的四艘新拖轮,2015年ALP从Harms Offshore接手的六艘传统拖轮也在该合同服务范围内。
来自/Offshore Energy Today 7月20日消息 编译/赵美园石油圈原创www.oilsns.com
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Radio Holland, a NavCom and service & management company, has been awarded a 10-vessel managed service agreement (MSA) from ALP Maritime Services. Radio Holland announced the contract signing with the ocean towing, offshore positioning and mooring specialist on Wednesday.
ALP is part of the Teekay Offshore group. ALP, together with Ulstein Design, started designing the ‘ALP Future Class’ – anchor handling and tugboats with a bollard pull of around 300 tons and Dynamic Positioning capability – in September 2011. ALP Chief Operating Officer, Leo Leusink, one of the founders of the company, said: “When we started designing the ALP Future Class we requested Radio Holland to equip the vessels with NavCom equipment.”
In February 2014, with the help of its new owners Teekay Corporation, ALP awarded Niigata Shipbuilding and Repair a contract to build four Future Class vessels. The first two are expected to be delivered in August 2016 and December 2016, and the following two in 2017. Leusink added that six traditional-style tugs ALP took over from Harms Offshore in 2015, as well as the four newbuilds, are also covered by the agreement with Radio Holland.
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