• 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 September 21

13:17 Sovcomflot CEO Sergey Frank meets IMO Secretary-General Kitack Lim
13:02 Aker Solutions wins Troll FEED contract with EPCI option from Statoil
12:31 RF Navy’s Northern Fleet takes part in combined-arms exercise in the Barents Sea
12:08 Dorian LPG selects ABS to evaluate LPG as fuel and other 2020 compliance options
11:39 Fuel oil prices are still high at the Far East ports of Russia (graph)
11:08 ZIM marks the 3 millionth container carried through DaChan Bay Terminals
10:47 IMO conducted table-top exercise on maritime security in Lima, Peru
10:29 Brent Crude futures price down 0.23% to $56.16, Light Sweet Crude – down 0.12% to $50.63
10:08 MAN Diesel & Turbo concludes dual-fuel ‘Wes Amelie’ LNG conversion project
09:50 Port of Gdansk to cooperate with new foreign partners - Ukraine and Qatar
09:32 Baltic Dry Index up to 1,449 points
09:17 NCSP volumes for 8M 2017 totaled 97 million tons
09:08 Royal IHC launches NMDC’s first custom-built TSHD
08:28 Berth rehabilitation continues apace at APM Terminals at the Port of New York and New Jersey
08:02 Samsung Heavy Industries showcases in-house glycol LNG regasification system to shipowners
07:57 Wärtsilä tests its automatic wireless induction charging system on a hybrid powered coastal ferry

2017 September 20

18:04 IMO talks Polar matters in Russia
17:49 Uniper and Pavilion Gas sign LNG deal providing access to their assets in respective home markets
17:32 Seaspan accepts delivery of 11000 TEU SAVER containership
17:22 Songa Bulk ASA announces acquisition of Kamsarmax bulk carrier
17:17 Digital Ship returns to Singapore on 4 October with a focus on investigating maritime’s digital future
16:55 Damen to open service hub in Russian Black Sea port
16:48 Almaz Shipyard hosts flag hoising ceremeny for patrol ship Predanny of Project 22460
16:14 Nevsky Shipyard took part in the International Fishery Forum
15:50 Russia and India to cooperate on development of high-speed maritime transport based on Russian designs (photo)
15:12 NIBULON finished constructing B2000 Project vessels
14:37 Gazprom Neft undertakes the company’s largest ever maritime oil shipment
14:06 RF Transport Minister: waterways of Saint-Petersburg can obtain a status of regional waterways in navigation season of 2018 (photo)
13:23 Port of King's Lynn celebrates new bulk store terminal opening
13:09 Skangas’ Coralius performs first ship-to-ship LNG bunkering
12:51 WMU holds inauguration of the Class of 2018 MSc in Maritime Affairs
12:15 Qatargas and BOTAŞ (Turkey) sign new LNG agreement
11:49 IMO Secretary-General Kitack Lim considers Russia to be one of the key players at the IMO
11:39 Northwest Seaport Alliance container volumes up 6 percent in August 2017
10:43 GTT announces an evolution of the Mark III Flex technology
10:14 Brent Crude futures price up 0.44% to $55.38, Light Sweet Crude – up 0.80% to $50.30
09:55 Bunker prices go up at the port of Saint-Petersburg, Russia (graph)
09:31 RS describes procedure for obtaining of Polar Ship Certificates (photo)
09:13 Baltic Dry Index up to 1,415 points

2017 September 19

18:06 Samskip expands shortsea services in Scotland
17:48 Arctic Economic Council welcomes three new members
17:25 IMO is attending 34th session of ASEAN to update the Maritime Transport Working Group on its latest activities
17:06 Turkish shipyard Cemre Marin Endüstri A.S orders 4 x MAN 8L21/31 variable speed GenSets
16:39 Marine Engineering Bureau: half of Russia’s towing fleet is renovated, bunkering fleet situation is worse
16:14 MSC announces a new service between South America’s east coast and the Mediterranean
16:04 Port of Southampton completes construction of sixth multi-story car park
15:52 Turkish landing ship Bayraktar arrived in Novorosiysk
15:27 USPA announces tender for procurement of dredging vessel
15:04 GY Marinas and P&O Marinas launch superyacht complex in Sète, France
14:39 Commissioning works commenced at KN‘s LNG reloading station
14:14 Port of Gdansk, Port of Gdynia and Baltic Gateway attended Seatrade Europe in Hamburg
14:03 Wärtsilä Nacos Platinum bridge systems selected for two new mega yachts
13:50 IMO issues Guidelines on maritime cyber risk management
13:28 IMO says search and rescue is an international responsibility
13:01 Ningbo Zhoushan Port volumes up 72% to 254,000 TEUs
12:43 NEVA 2017, 14th International Maritime Exhibition and Conference of Russia, opens in Saint-Petersburg (photo)
12:22 Fuel oil prices are still high at the Far East ports of Russia (graph)
12:04 Jan De Nul wins IADC Safety Award 2017
11:40 Secretary-General of IMO believes in a great future of Vostochny Port (photo)
11:04 CMA CGM signs strategic partnership with Infosys to accelerate the transformation of its Information System