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Chevron greenlights $5.6B Mafumeira Sul project offshore Angola

Green Car Congress

Chevron Corporation’s Cabinda Gulf Oil Company Limited subsidiary will proceed with the development of the Mafumeira Sul project located offshore Angola. Associated natural gas will be commercialized through the Angola Liquefied Natural Gas (ALNG) plant in Soyo, Angola. Chevron’s subsidiary is the operator and holds a 39.2%

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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

During the year, BP participated in 15 completed wildcat exploration wells, resulting in 7 potentially commercial discoveries—a new field exploration success rate of more than 40%. BP said that 2013 had been its most successful year for new field exploration for almost a decade.

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Eni reports important new discovery offshore Congo

Green Car Congress

Eni, which holds 65% of the Marine XII Block, quickly activated with the joint venture’s partners New Age (25%) and the national company SNPC (Société Nationale des Pétroles du Congo, 10%) the studies to ensure a rapid commercial development of these significant hydrocarbon reserves with the aim of launching a first oil production from 2016.

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Cobalt and Total announce significant North Platte deepwater Gulf of Mexico discovery

Green Car Congress

an independent oil exploration and production company focusing on the deepwater US Gulf of Mexico and offshore Angola and Gabon, announced a significant oil discovery at its North Platte prospect on Garden Banks Block 959 in the deepwater Gulf of Mexico. Cobalt International Energy, Inc.,

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Using new seismic imaging technique, BP finds significant additional resources in the Gulf of Mexico

Green Car Congress

As a result of this early success, BP now is deploying this technique to fields elsewhere in the Gulf of Mexico as well as in Azerbaijan, Angola, and Trinidad and Tobago. The algorithms allowed data that would normally take a year to be analyzed to be processed in only a few weeks, accelerating BP’s development decisions for the field.

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IEA March Oil Market Report revises 2015 demand forecast upward

Green Car Congress

mb/d, as losses in Libya and Iraq offset higher supply from Saudi Arabia, Iran and Angola. OECD commercial stocks rose by a weaker?than?average expected US crude supply, raising the 2015 North American outlook. OPEC crude output edged down by 90 kb/d in February to 30.22 mb/d, above the group’s official 30 mb/d target. average 23.1

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Ukraine Is Riddled With Land Mines. Drones and AI Can Help

Cars That Think

Any authorized person can log on to the website and upload their imagery from a commercial off-the-shelf drone; our system will then run the visual data through our AI model and return a map with all the coordinates of the detected explosive ordnance. Maybe we’ll eventually have separate models for places such as Angola, Iraq, and Laos.

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