The Briefing on Offshore Oil and Gas
Five numbers in offshore oil and gas
The UK’s offshore oil and gas sector has cut emissions by 3% in 2018 according to a new report by OGUK, at the same time as increasing production by 4%.
In 2018, there were 293 accidental oil and gas releases, amounting to 14 tonnes.
There was 21,450 tonnes less drill cuttings discharged in the UK offshore sector.
Six million a day
Despite growth in production, the US still imports six million barrels of oil a day.
Since 1984, as much as 94% of the Outer Continetal Shelf in the US has been off limits to exploration.
Three projects starting this month
Eni discovers gas and condensate in Song Hong Basin offshore Vietnam
Italian oil and gas company Eni has announced that its exploration well located in Block 114, Song Hong Basin, offshore Vietnam has discovered the presence of gas and condensate in the Ken Bau prospect. The Italian company’s subsidiary, Eni Vietnam, is the operator of Block 114 with a 50% share, while Essar E&P holds the remaining 50%.
Aker BP discovers oil near Alvheim field in North Sea
Norwegian oil exploration and development company Aker BP has struck an oil column in the primary exploration target of 28 metres in sand layers in the wildcat well 25/2-21 (Liatårnet). Aker BP, the operator of production licence 442 in the North Sea, said that the discovery had good reservoir quality. The 25/2-21 well was the ninth exploration well in production licence 442, awarded in APA 2006.
Green Energy secures approval for Otakikpo field Phase II development
Green Energy International has obtained approval from the federal government for the field development plan and environmental impact assessment for Phase II development of Otakikpo marginal field in Oil Mining Lease OML 11 in Nigeria. The company has secured the approvals from the Department of Petroleum Resources the oil and gas industry regulator of Nigeria.