Greenland hydrocarbon potential to be discussed at AAPG

Greenland's Bureau of Minerals and Petroleum is outlining the hydrocarbon potential and the future license call for Northeast and Northwest Greenland at the AAPG Annual Convention & Exhibition in Denver.

May 26th, 2009

Offshore staff

NUUK, Greenland -- Greenland's Bureau of Minerals and Petroleum is outlining the hydrocarbon potential and the future license call for Northeast and
Northwest Greenland at the AAPG Annual Convention & Exhibition in Denver.

The meetings will cover the terms and conditions as well as the schedule for the planned licensing rounds offshore Northwest and Northeast Greenland.

These offshore areas have been part of a recent USGS assessment of the petroleum potential in the arctic region. The mean estimate for offshore areas northeast of Greenland is 31 Bboe, and 18 Bboe for offshore areas northwest of Greenland.

The Bureau will also present ongoing geological projects, environmental background studies, acquired geophysical data, latest ice data, and ongoing ice studies.

05/26/2009

More in Regional Reports
Shell Offshore Inc. has contracted Sembcorp Marine Rigs & Floaters Pte. Ltd. to build and integrate the topsides and hull of a floating production unit (FPU) for the Whale field in the Gulf of Mexico. The agreement precedes a final investment decision for the full Whale project, which is expected to be made this year by Shell. It paves the way for the Whale FPU to move ahead and take advantage of synergies from Shell’s Vito FPU, currently under construction at Sembcorp Marine’s Tuas Boulevard Yard. The Whale FPU comprises a topsides module and a four-column semisubmersible floating hull, with a combined weight of 25,000 metric tons. Slated for completion in 2022, it will operate in the Alaminos Canyon block 772.
BSEE/BOEM report outlines strategy to revive shallow water
New research released from BSEE and BOEM indicates the need to define the Gulf of Mexico Shallow Water Province to avoid stranding more than $20 billion of oil and gas resources.
Jan 16th, 2020
Shallow plays in the Thali block offshore Cameroon.
Tower granted more time for offshore Cameroon well preparations
Tower Resources has secured a one-year extension from Cameroon’s government of the initial period of the exploration phase for the Thali production-sharing contract in the offshore Rio del Rey basin.
Jan 15th, 2020
Location of OPL 310 offshore Nigeria.
Lekoil offshore Nigeria loan exposed as potential scam
Lekoil’s loan agreement with the Qatar Investment Authority for exploration of the OPL 310 lease offshore Nigeria, announced earlier this month, was in fact an attempt to defraud the company.
Jan 14th, 2020
Walton Morant licence offshore Jamaica and location of the Colibri prospect in the Walton basin.
Offshore Jamaica partners given more time for drilling decision
Tullow Oil’s production-sharing agreement for the Walton Morant basin offshore Jamaica has been amended, according to partner United Oil & Gas.
Jan 14th, 2020
Apa1
Norway offers licenses to 28 oil companies
The Norwegian Ministry of Petroleum and Energy has offered 69 offshore production licenses to a total of 28 oil companies under the Award in Pre-Defined Areas 2019.
Jan 14th, 2020
Norway110
Exploration holding steady offshore Norway
Norwegian offshore operators spud 57 exploration wells last year across the country’s continental shelf, according to a review by the Norwegian Petroleum Directorate.
Jan 10th, 2020
The Culzean gas condensate field in the UK central North Sea began production in June 2019.
North Sea short-term outlook strong, consultant claims
North Sea oil and gas production should increase this year and prospects look good for exploration and investment across the sector, according to consultant Wood Mackenzie.
Jan 9th, 2020
The Barossa field development plan call for subsea wells tied back to an FPSO for gas processing and condensate export, with a 260-km (161-mi) pipeline transporting the gas to the existing Bayu-Undan pipeline for onward delivery to Darwin LNG.
Environmental issues to shape future offshore Asia/Pacific projects
Wood Mackenzie expects an upsurge in major oil and gas project sanctions in the Asia/Pacific region this year.
Jan 9th, 2020
Location of SC 56 in the Sulu Sea offshore the Philippines.
Jadestone wins offshore Philippines license breach claim
Jadestone Energy has successfully applied for damages as a result of an arbitration action between its subsidiary Mitra Energy and Total E&P Philippines.
Jan 9th, 2020
Websiteimage Sunset
Eni-led group withdrawing from offshore Australia permit
Eni and its partners have agreed to relinquish their interests in the WA-34-R Retention Lease offshore northwest Australia.
Jan 6th, 2020
Websiteimage Sunset
ExxonMobil secures blocks offshore Egypt
Egypt’s government has awarded ExxonMobil two offshore exploration blocks.
Dec 30th, 2019
Evercore2
Offshore FIDs increase for the second straight year
New report estimates that around $100 billion in offshore projects were sanctioned in 2019.
Dec 26th, 2019
Websiteimage Sunset
Petrobras, Total open to offers for deepwater Brazil blocks
Petrobras and Total plan to jointly farm-out part of their interests in the deepwater BM-P-2 concession in the Pelotas basin, offshore Rio Grande do Sul State.
Dec 23rd, 2019
Carte Surinam En
Total taking command of prospective offshore Suriname block
Dec 23rd, 2019