First-phase production has begun at the immense Mero deepwater oil and natural gas field off the Brazilian coast. Mero is located in the Libra block, more than 150 kilometers (93 miles) off the coast of Rio de Janeiro in the prolific pre-salt area of the Santos Basin. Libra is operated by Brazilian national oil company…
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Amid Soaring Prices, Eni Ships First Oil from Mexico Project
Italy’s Eni SpA, one of Mexico’s leading private sector oil producers, said it has begun shipping oil from a project offshore Tabasco to the international market. The company’s first cargo from the Miamte floating, production, storage and offloading (FPSO) platform in the Gulf of Mexico shipped last week. The company hailed it as an important…
NGI The Weekly Gas Market Report
Murphy, Petrobras to Jointly Prospect in GOM Deepwater
Murphy Oil Corp. has formed a pact with a unit of Brazil’s Petróleo Brasileiro SA, aka Petrobras, to build a substantial outpost in the U.S. Gulf of Mexico (GOM).
Second FPSO Project in GOM for Natural Gas Moves Forward
Shell Offshore Inc. has awarded Paris-based Technip the contract to install a subsea natural gas pipeline structure in the deepwater Gulf of Mexico (GOM) in the Stones field in the Walker Ridge blocks that are part of the prospective Lower Tertiary Trend.