ExxonMobil’s shipment is the first offshore oil to leave the US since the ban on exports was lifted in December 2015. The country had previously exported light onshore oil, most of which to Canada.
The Julia field, discovered in 2007 and home to some 6 billion barrels of oil, is expected to start up later this year and yield 34,000 bopd. Currently, commissioning work is being carried out, two wells have been completed and work on a third well is underway. A total of six are planned.
Singapore’s Seatrium has secured a topside integration project for the FPSO Errea Wittu from Offshore Frontier Solutions, a MODEC Group… Read More
The UK's hydrocarbons regulator has awarded 31 new exploration licences in the country's North Sea waters, Reuters reported on Friday Read More
ExxonMobil announced the closing of its USD 60-billion acquisition of Pioneer Natural Resources on Friday, a move that solidifies its… Read More
BP-Eni joint venture Azule Energy has entered a strategic farm-in agreement with Rhino Resources in Namibia's offshore Orange Basin, the… Read More
Africa-focused energy group Chariot has spudded the RZK-1 exploration well on the Gaufrette prospect at the Loukos Onshore licence in… Read More
Touchstone Exploration has acquired Trinidad-focused Trinity Exploration & Production in an all-shares deal, the Canadian upstream player said on Wednesday Read More
This website uses cookies.