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Oil and Gas Journal Drilling News

  1. The US Bureau of Ocean Energy Management is trying to help identify issues that could arise as 27 offshore oil and gas platforms off southern California—all but three of which are in federal waters—are decommissioned, officials from the agency’s Pacific Region told members of BOEM’s Committee on Offshore Science and Assessment.

  2. ExxonMobil Corp. has confirmed letting various turnkey and lease and operate contracts for the next phase of the Liza project offshore Guyana. Based on one of these contracts, SBM Offshore will construct, install, lease, and operate a floating production, storage, and offloading vessel. ExxonMobil recently completed the front-end engineering studies and the final investment decision on the project.

  3. Offshore oil and gas operators in the Gulf of Mexico began to evacuate platforms and rigs in preparation for Tropical Storm Cindy, the US Bureau of Safety and Environmental Enforcement announced.

  4. ESAI Energy forecasts that US shale oil production will reach 5.6 million b/d by Dec. 31, more than 1 million b/d higher than at the end of 2016. But the pace of growth is expected to slow in 2018 as current oil prices below $50/bbl are likely to hinder the momentum of rig additions.

  5. Statoil ASA has received government approval for its plans for development and operation for Njord field and the nearby Bauge discovery in the Norwegian Sea.

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