Following the completion of drilling of its Perseverance #1 well in The Bahamas the company has announced that commercial volumes of oil have not been proven.
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Strohm has secured a contract to deliver two gas lift jumpers for an offshore project in deepwater Sabah, Malaysia.
This is the second time the firm’s technology has become a permanent application in the region. A thermoplastic composite pipe (TCP Flowline was previously installed for Petronas’ operations in 2017 in the shallow water, West Lutong field.
The Netherlands’ headquartered business, formerly known as Airborne Oil & Gas, will supply two, 150 m-long TCP Jumpers through its “Jumper on Demand” concept. Launched in 2019, long lengths of its TCP Jumpers are manufactured and held in stock together with a number of end-fitting sets, to support a significantly improved turnaround time for pipe supply, termination and installation in any location around the world. The Jumper on Demand concept thus provides operators and installation contractors with lowest installed cost, flexibility of supply, ability to cut to length when needed and schedule de-risking.
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ExxonMobil has created a new business to commercialise its low-carbon technology portfolio. The new business, ExxonMobil Low Carbon Solutions, will initially focus on carbon capture and storage, one of the critical technologies required to achieve net zero emissions and the climate goals outlined in the Paris Agreement.
ExxonMobil Low Carbon Solutions is advancing plans for more than 20 new carbon capture and storage opportunities around the world to enable large-scale emission reductions. ExxonMobil plans to invest US$3 billion on lower emission energy solutions through 2025. The business will be led by Joe Blommaert. The board of directors has elected him as a vice president of ExxonMobil.
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Apex International Energy (Apex), which is backed in part by UK energy investment firm Blue Water Energy, has announced a new oil discovery in Southeast Meleiha Concession (SEM), located in the Western Desert of Egypt.
The discovery was achieved at the SEMZ-11X well located 10 km west of Zarif field, the nearest producing field. The well was drilled to a total depth of 5700 ft and encountered 65 ft of oil pay in the Cretaceous sandstones of the Bahariya and Abu Roash G formations. Testing of the Bahariya resulted in a peak rate of 2100 bpd with no water. Additional uphole pay exists in the Bahariya and Abu Roash G formations that can be added to the production stream in the future.