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Maersk Drilling awarded contract extension to drill world record well in Angola; 2.25-mile water depth

Green Car Congress

TotalEnergies E&P Angola has exercised an option for the 7 th -generation drillship Maersk Voyager to drill the ultra-deepwater Ondjaba-1 exploration well in Angola’s Block 48. It is currently operating offshore Angola for TotalEnergies. The Ondjaba-1 well will be drilled at a new world record water depth of 3,628 m (2.25

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Bad News: Record Oil Imports into China in 2023

CleanTechnica EVs

China is well known as the world’s leading electric vehicle (EV) market. continued] The post Bad News: Record Oil Imports into China in 2023 appeared first on CleanTechnica. More than half of the world’s EV sales have occurred there in recent years. It is a standard of the rapid, uplifting EV revolution.

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IEA March Oil Market Report revises 2015 demand forecast upward

Green Car Congress

out in the second quarter of 2014, global oil demand growth has since steadily risen, with year?on?year mb/d for the current quarter, according to the IEA Oil Market Report for March. mb/d, as losses in Libya and Iraq offset higher supply from Saudi Arabia, Iran and Angola. Having bottomed?out average 23.1

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BP closes out 2013 with deepwater finds in Gulf of Mexico and offshore Angola; new activity offshore Brazil

Green Car Congress

Earlier in December, Cobalt International Energy announced a significant discovery at its Lontra well in the pre-salt play offshore Angola, in which BP holds a 30% interest. BP also confirmed the recently-announced Pitu oil discovery in the frontier deepwater of the Potiguar basin off Brazil’s equatorial margin, announced by Petrobras.

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IEA: non-OPEC oil supply tops 43 mb/d for first time in decades; global demand to reach 92.4 mb/d in 2014

Green Car Congress

The International Energy Agency’s (IEA’s) Oil Market Report (OMR) for December raised the estimate of global oil demand for 2013 by 130,000 barrels per day (130 kb/d) to 91.2 Global oil supplies increased by 310 kb/d in November to 92.3 Global demand is now seen advancing by 1.2 mb/d in both 2013 and 2014, to reach 92.4

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GECF: more than a quarter of 2050 natural gas supply untapped

Green Car Congress

Senturin made his remarks during the 25 th Oil & Gas of Turkmenistan Conference. Sentyurin also acknowledged the role of Turkmenistan as one of the founders of the Forum, the 20 member countries of which today represent 71% of proven gas reserves, 45% of its marketed production, 53% of pipeline, and 60% of LNG exports across the world.

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ExxonMobil brings Kearl oil sands expansion online ahead of schedule; overall capacity doubling to 220K barrels per day

Green Car Congress

Exxon Mobil has started production at its Kearl oil sands expansion project in Alberta, Canada ahead of schedule; the expansion is expected to double overall capacity to 220,000 barrels of bitumen a day, with the expansion itself ultimately expected to reach 110,000 barrels per day. Kearl will access approximately 4.6 Earlier post.).

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