With a current output of 879,000 boepd, Lula is Brazil’s most productive field. The start-up of the P-67 and P-69 platforms in 2019 will help the field reach peak production, Cristiano Pinto da Costa, Shell’s general manager for Santos Basin fields, told Reuters.
Pinto da Costa also said the super-major was assessing the possibility of a third development phase for its offshore Lapa field, adding that an investment decision for drilling would come after 18-24 months.
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.