Global Petroleum Share Discussion Threads

[jimarilo] 06/4/2022 12:50

Happy days: Shell’s Graff discovery in Namibia holds 2 billion boe of oil and gas - sources
Shell eyes liquefied natural gas scheme as well as FPSO solution

6 April 2022 10:38 GMT UPDATED 6 April 2022 11:33 GMT

[jimarilo] 06/4/2022 12:43

wasn't it an 8km step out from Graff 1 ....wow !

Including Brulpadda, that is 5 wells out of 5 that have hit huge net pay, on the new exploration model

[jimarilo] 06/4/2022 12:31

Considering Eco recently just made a cashless acquisition and with it a balance sheet of $15m, there must be additional cash requirements for yesterdays raise ??

[monis] 06/4/2022 12:26

ok i can see who ECO are

[emptyend] 06/4/2022 12:25

Graff upgraded to 2bn bbls, according to Twitter....

[monis] 06/4/2022 12:24

who is eco?

[emptyend] 06/4/2022 12:23

Very interesting. Any connection to yesterday's ECO raise?Takeover for cash?

[monis] 06/4/2022 12:21

interesting...

[jimarilo] 06/4/2022 12:20

Indeed, similar buying started at the same time in TRP

Something is a foot, me thinks

[monis] 06/4/2022 12:13

Suddenly a lot of buys...

[jimarilo] 06/4/2022 02:20

After hrs rns from Eco, to raise $25m. New shares to start trading on the 11th

That's a whirlwind placing in anyone's book

[oliversydney] 05/4/2022 10:37

I see someone did a four million rollover which cost £200 for the privilege
They obviously expect news soon which could be very rewarding and much more than the current depressed share price

[jimarilo] 04/4/2022 08:42

One-year deal: Shell Books Maersk Drillship for Drilling Ops in Multiple Countries

OEDigital April 4, 2022




Danish offshore drilling company Maersk Drilling has won contracts with Shell for the provision of its Maersk Voyager drillship for drilling services offshore multiple countries.

The contracts are expected to start in April 2022, with a total firm duration of one year. The total contract value is approximately $107.5 million, including a mobilization fee, but excluding integrated services expected to be provided and potential performance bonuses. The contracts include an additional one-year option.

"To support a strong operational performance in the campaigns, Maersk Drilling and Shell have agreed to implement the RigFlow solution delivered by Maersk Drilling subsidiary Horizon56. RigFlow standardizes and digitalizes the core workflows involved in well construction, including real-time exchange of information between onshore planning units, the offshore drilling teams, and the service companies supporting the operations," Maersk Drilling said.

“We’re excited to announce that we will be continuing the excellent collaboration that has now led to seven commitments for our rigs from Shell-affiliated operators in less than two years. This agreement will allow Maersk Voyager to showcase our ability to move swiftly and efficiently between jurisdictions and in this way support Shell with the efficiency gained from being able to plan in the longer term across several different operations. The highly capable Voyager crew recently drilled at a new world record water depth offshore Angola, and they’re ready to execute this multi-country campaign at the same high level of operational excellence,” says COO Morten Kelstrup of Maersk Drilling.

Maersk Voyager is a high-spec ultra-deepwater drillship that was delivered in 2014. The rig was recently used by the French oil major TotalEnergies offshore Namibia, helping TotalEnergies make a significant discovery of light oil with associated gas on the Venus prospect.

[carmarthenshire] 02/4/2022 20:27

https://twitter.com/mathewthomas484/status/1510338105445953547?s=21&t=Xlt3FLfBG4QcIvK6ndvDAQ

[monis] 01/4/2022 14:42

a few buys here today

[emptyend] 31/3/2022 21:45

Tower had a 10mn seller cleared out and then rose 17%.....FWIW

[emptyend] 31/3/2022 15:05

Tower on a tear this afternoon.....up 13% at present

[emptyend] 31/3/2022 14:53

Not really. Industry gossip will ensure others have a good idea, even if the market doesn't.

[investoroilandgas] 31/3/2022 13:40

GBP have said that prospective farm in partners were waiting for the results of Graff 1 and Venus 1 drills, Shell & Total have confirmed that they have found oil but provided no details on the finds. As I see things, GBP is in limbo until Shell / Total decide to release detailed information on what was found at Graff 1 & Venus 1.

[emptyend] 30/3/2022 13:02

One was highly prospective, the others were highly encouraging.It would be nice to have a measure of "highly encouraging", such as the number of NDAs signed, the number of data room uses, the number of expressions of interest as per original timetable etc etc

[emptyend] 30/3/2022 08:26

"Highly"......

[investoroilandgas] 24/3/2022 21:01

Italian Minister unveils plan for two new LNG terminals.
A pair of floating storage and regasification units aim to cut reliance on Russian gas, full story available on
Maybe the Italians should be looking to open up offshore oil & gas exploration as a strategy to reduce reliance on Russian gas.