Repsol Now Applying Advanced Seismic Imaging Technology to Energy Exploration in Gulf of Mexico and Brazil

Repsol YPF, an international integrated oil and gas company operating in over 30 countries, today announced that the company’s advanced seismic imaging project — Kaleidoscope — has begun exploration operations in the Gulf of Mexico and Brazil. Kaleidoscope is powered by reverse-time migration (RTM), a sophisticated subsurface imaging tool whose potential is accepted by the oil industry,... 

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Sub-Saharan Natural Gas Conference Draws Independents & Majors

A number of independent and major exploration and production companies will attend a forum focusing on development of Sub-Saharan Africa’s prodigious natural gas reserves, September 3 & 4 in Houston. Among the organizations that will be represented at the meeting are: Artumas Group, Chevron, Citigroup, ConocoPhillips, Marathon Oil Corporation, PetroSA, Repsol YPF, Sasol, Fortesa, Hyperdynamics,... 

Oromin Announces Prospective Oil Resources at Its Santa Rosa Prospect in Argentina

Oromin Explorations Ltd. is pleased to announce the receipt of an independent report (the “Santa Rosa Evaluation”) from Aeon Exploration Inc. of Calgary, Alberta (“Aeon”) that provides an evaluation of prospective resources with respect to its 100% owned CCyB-9 Santa Rosa exploration permit and exploitation concession on a property located in the Cuyana Basin in the Province... 

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Petrobras Finds More Offshore Oil

Brazil’s Petrobras says that a second well in an offshore Santos Basin block confirms the presence of light oil. Petrobras says the well found another reserve of light oil near the previously announced Carioca discovery. The discovery came in the ultra-deep waters almost 200 miles off the coast of Sao Paulo state. The find was made more than three miles down. Petrobras is lead operator of the... 

Shell, Repsol seek way out of Iran gas deal

European oil groups Royal Dutch Shell and Repsol YPF are under pressure from the United States to end talks with Iran about a multi-billion dollar natural gas deal, the Expansion newspaper reported Saturday. It said that Russia’s Gazprom, Indian Oil Corporation and Chinese groups could be waiting to move in if British-Dutch group Shell and Spain’s Repsol pulled out. The European firms are... 

Guyana-Suriname: Territorial Dispute Delays Drilling

Leaders of Guyana and Suriname are eager to tap their underwater oil reserves, but the drilling won’t begin until a world court draws a maritime border to settle their territorial disputes. The drilling could dramatically change the fortunes of the two nations if predictions about the abundance of oil and natural gas deposits prove true. Final word is expected in the next few months from the... 

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Petrobras, Repsol joint drilling in Persian Gulf

The National Iranian Drilling Company (NIDC), in collaboration with foreign firms, has started the drilling of four exploratory wells in the Persian Gulf, an official with the NIDC said, MNA reported. Hedayatollah Khademi told the Mehr News Agency that the NIDC has started the drilling operations at the Persian Gulf in cooperation with Brazil?s Petrobars and Spain?s Repsol. The three companies are... 

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Abu Dhabi petroleum conference to address evolving technologies for handling multiphase fluids

During 11-13 February in Abu Dhabi, petroleum managers and engineers have the opportunity to gain new insights into the rapidly evolving technologies for handling multiphase fluids in the oil and gas industry. The event organized by PennWell, publishers of Oil & Gas Journal, includes short courses, conference presentations and exhibits that clarify the benefits gained from applying multiphase... 

Shell, Repsol Sign Preliminary Agreement on Developing Gas Fields in Persian Gulf

European oil companies Royal Dutch Shell PLC and Repsol YPF SA have signed a preliminary agreement with Iran’s state oil company on developing gas fields in the Persian Gulf, a Shell spokeswoman said Monday. “We’ve signed an upstream service agreement as part of our work to assess the feasibility of the project” known as South Pars, Sarah Smallhorn said. Smallhorn said the agreement,... 

Kenya: Lamu Oil Drilling Ship Safe From Somalia War

The offshore oil drilling ship stationed in the Indian Ocean off Lamu, MV Chyuku is safe from the spill over of violence in neighbouring Somalia. The assurance was made by Woodside Energy Kenya General Manager, Mr Alex Taylor. “Everything is fine, and work is going on,” Taylor told The Standard on telephone, when asked whether the vessel was secure following break out of fighting in Somali. US... 

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