• 2017 July 14 10:51

    A new offshore well in Mexico boosts Eni’s resources in the Amoca Field triggering a fast track development

    Thanks to the results of the new well, Eni raises its estimate of resources in place at Amoca to 1 billion boe, paving the way for the implementation of an accelerated development plan. Eni has successfully drilled and tested the Amoca-3 well in the shallow waters of Campeche Bay, in offshore Mexico. It has proven the presence of multiple significant oil levels in the Orca and Cinco Presidentes Formations, Eni said in a press release.

    Eni has successfully drilled and tested the Amoca-3 well in the shallow waters of Campeche Bay, in offshore Mexico. It has proven the presence of multiple significant oil levels in the Orca and Cinco Presidentes Formations. Amoca-3 is located in Contractual Area 1, 200 km west of Ciudad Del Carmen, in the Campeche Bay, at 25 meters of depth, 1,5 km south west of Amoca-1 and 3 km north west of Amoca-2.
     
    The well was drilled at a total depth of 4,330 meters and encountered 410 meters of net oil pay (25 - 27 API°), in several high-quality Pliocene reservoir sandstones, of which 300 meters were found in the deeper sequence of Cinco Presidentes, in various cluster levels of Pliocenic age with good reservoir characteristics.
     
    The Amoca-3 well has been temporarily suspended but will be used for production at a later stage. The Area 1 drilling campaign will continue with the first appraisal of the Miztón discovery, followed by other wells that will appraise existing discoveries and explore new undrilled pools.
     
    With the results of the Amoca-3 well, Eni boosts the resource estimate of the Amoca field to 1 billion barrels of oil equivalent in place and the Area 1 total estimated resource base to 1,3 billion barrels of oil in place, of which 90% is oil, with further upside.
     
    During the production test, 45 meters of the Cinco Presidentes reservoir have been opened to production and the well flowed 6,000 barrels/day of 25 API° crude.
     
    Following these results, Eni will submit an accelerated and phased development plan in 2017 targeting an early production phase with a plateau ranging from 30,000 to 50,000 BOPD with the start of operations planned for early 2019.   
     
    Claudio Descalzi, Eni CEO, commented: «We are very pleased with the results of our exploration and appraisal campaign in Mexico which demonstrates the validity of our design to cost exploration approach. The Amoca field, which is located at a water depth of only 25 meters, represents an optimal opportunity for a phased development approach with a low breakeven. It is an ideal project in this low oil price environment. Eni’s objective is to become the first international company to establish operating production in Mexico, which would be the first tangible success of the country’s important “Reforma energetica” campaign».
     
    Eni holds a 100% stake in the Area 1 Production Sharing Agreement. Following the result of the first international bid of Ronda 2, Eni was awarded three new blocks in the shallow waters of the Sureste Basin (Block 7, 10 and 14), all as the Operator. Eni has been present in Mexico since 2006 and has established its wholly owned subsidiary Eni Mexico S. de RL de CV in 2015.

    Italy based Eni Group is an energy company operating in 73 countries worldwide with its workforce of 33000 people. The Group specializes in oil and gas exploration, production, refining and selling operations.




2017 July 26

18:06 Norwegian Maritime Authority laid down amendments to the Regulations on environmental safety1 and the Regulations on port State control2
17:36 Simon Stevin arrives in Norway to load 32,000 tonnes of rock for the Borkum Riffgrund 2 offshore wind farm
17:06 Campbell Shipping appoints ISS for global husbandry representation services contract
16:53 NCSP wins anti-monopoly case in court
16:47 Hampton RoadsTransit сhristens BMT-designed ferry
16:29 SPb Governor and representatives of Passenger Port of Saint-Petersburg visit Turku
16:00 Port of Antwerp supports pilot project for secure, efficient release of containers
15:34 Okskaya Shipyard launches multi-purpose diving catamaran of Project SDS18, Igor Ilyin (photo)
15:02 ABS classes U.S.-built Liquefied Gas Barge
14:47 PETRONAS and partners will not proceed with Pacific NorthWest LNG project
14:22 Dr Wolfgang Hönemann represents Rotterdam port in North Rhine Westphalia
13:55 PETRONAS delivers first LNG cargo to Thailand
13:32 European Commission publishes Mobility Package for Transport
13:02 Georgia Ports Authority of USA ordered more STS cranes from Konecranes
12:53 Ukraine to close Ilyichevsk Ship Repair Plant and Museum of Ukrainian Navy
12:30 Samskip makes major Norwegian acquisition with Nor Lines takeover
12:01 Cnsortium of Bolloré Transport & Logistics, CMA CGM and CHEC sign the concession agreement for the Containers Terminal of the new Port of Kribi (Cameroon)
11:59 OCIMF and ReCAAP step up counterpiracy cooperation
11:51 Maersk Line launches Remote Container Management for customers
11:20 Wärtsilä scrubber systems to clean the exhaust from two new Japanese bulk carriers
10:40 Indicative bunker prices go up at the port of Saint-Petersburg, Russia (graph)
10:03 Brent Crude futures price up 0.72% to $50.56, Light Sweet Crude – up 0.94% to $48.34
09:37 Baltic Dry Index up to 980 points
09:18 Rosmorport appoints Yegor Shelukhin as Deputy Director for Security of Arkhangelsk Branch (photo)

2017 July 25

18:00 Krasnoye Sormovo delivers two chemical tankers of Project RST27 to shipping company Volgotrans (photo)
17:05 Western Marine delivers 176 TEU inland container vessel to Invicta Limited
16:33 Cruise ship Pacific Princess made her inaugural call to Passenger Port of Saint Petersburg
16:05 Wagenborg to repair Oostersluisbrug Groningen
15:44 Kaliningrad seaport boundaries changed
15:39 W&T Offshore contracts the Enterprise Offshore 264 jackup rig to drill the ST 224 gas condensate prospect
15:16 COSCO (Guangdong) Shipyard announces delivery of vessel
15:12 Ferryboat Petersburg returns to Ust-Luga – Baltijsk line (photo)
14:48 Commercial Sea Port of Taganrog invested RUB 114.9 mln in port infrastructure development in HI’17
14:27 380-tonne cargo unit handled by Multipurpose Terminal YUG-2 at the port of Ust-Luga (photo)
14:00 AquaStroy to invest RUB 493 mln in construction of yacht port Aquamarine in Vladivostok
13:59 VOS Start W2W vessel departs Damen Shiprepair Oranjewerf
13:33 Vostochny Port completed modernization of its water treatment facilities (photo)
12:58 Lotus Shipyard to launch cruise ship of Project PV300VD in April 2018 (photo)
12:05 Hyundai Merchant Marine increases Asia-US West Coast volume by 77% YoY, ranks 4th in market share in June 2017
11:46 LNG developer NextDecade finalizes business combination with Harmony
11:30 DP World establishes new logistics arm in Australia
11:04 Almost 1 000 MLC-inspections carried out in Norway in 2016
10:57 Bunker prices are flat at the Far East ports of Russia (graph)
10:42 MES establishes after-sales service company for container handling cranes in Malaysia
10:19 Coal exports via Rosterminalugol terminal hit 13 mln t milestone this year
10:04 DP World reports 10.7% gross volume growth in second quarter of 2017
09:54 Brent Crude futures price up 0.49% to $48.84, Light Sweet Crude – up 0.54% to $46.59
09:36 Port of Gdansk announces record high transshipment results
09:15 Baltic Dry Index is flat at 977 points

2017 July 24

18:27 ABP South Wales celebrates 30 year partnership with WNO
18:02 Marine Recruiting Agency starts cooperation with Saint-Petersburg Employment Centre
17:38 Freeport of Riga Authority announces winners of Innovation Competition for students “The Port for the City”
17:16 Nakilat concludes half year 2017 with net profit of QR 409 million
17:09 MOL Group Ship Management Company acquires latest international certification for Environment and Energy Management Systems
16:50 CMA CGM announces GRR - From Red Sea ports to West Africa
16:35 CMA CGM announces new FAK Rates - From Asia to North Europe
16:11 Maersk Line and JF Hillebrand partner for sustainable growth by signing the Carbon Pact
15:48 CMAL held a keel-laying ceremony for new Kerrera ferry
15:24 88-tonne fuel tank delivered for Scotland’s first LNG ferry
14:57 IMO Council is meeting for its 118th session