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Eni, Partners Discover Gas in Nooros Area Offshore Egypt

2020-07-01 15:35:03| OGI

The well hit a 152-m thick gas column in the Messinian age sandstones of the Abu Madi Formation with excellent petrophysical properties, Eni said in a news release.

Tags: area partners gas discover

 

Offshore Advances: Gulf of Mexico Bends, But Wont Break

2020-06-30 15:30:00| OGI

Although greenfield projects have been put on hold, short-term economics offer a safety net for the U.S. offshore oil and gas industry.

Tags: mexico break advances gulf

 
 

Petrobras Begins Production at Atapu Well Offshore Brazil

2020-06-26 15:29:54| OGI

The company is operating the well with a platform that has daily capacity of 150,000 bbl of oil and 6 MMcm of natural gas.

Tags: production brazil begins offshore

 

With Contracts Canceled and Debts Mounting, Offshore Oil Drillers Face Another Shakeout

2020-06-24 16:07:00| OGI

The companies that operate offshore drilling rigs for major oil producers face a second wave of bankruptcies in four years amid a historic drop in energy prices that likely will leave surviving drillers more closely tied to big oil firms.

Tags: face oil contracts mounting

 

W&T Offshore CEO: Expect More Acquisitions in Future

2020-06-23 23:30:13| OGI

Uncertainty, however, lingers for the oil and gas industry surrounding oil demand recovery and prices.

Tags: future expect ceo acquisitions

 

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