Shell JV discovers new oil in deepwater Brunei

Shell JV discovers new oil in deepwater Brunei

12:51 PM, 8th June 2011
Shell JV discovers new oil in deepwater Brunei

TEXAS, US: Brunei Shell Petroleum (BSP - Shell 50 per cent) reported a significant new oil discovery in the coastal waters of the south-east Asian sultanate. The discovery, named Geronggong, is situated in the 3rd Offshore Acreage Area, approximately 100 km offshore where water depth is approximately 1000 m, the deepest water depth in which BSP has discovered hydrocarbons in Bruneian acreage.


BSP drilled the discovery utilizing the deepwater drilling rig Noble Phoenix. Prior to its arrival in Brunei, the drillship has undergone refurbishment and recertification on their thrusters, riser and blow out preventer (BOP) systems, leading to full compliance with the high standards of Shell’s Health, Safety and Environment (HSE) criteria for deepwater drilling.


 “I am delighted that the ongoing high success rates of near field exploration in Brunei in the last years have been augmented by this significant volume addition in the deepwater,” said Ceri Powell, Shell’s Executive Vice President of Exploration Upstream International. Follow-up plans involve assessment of the full field recovery potential, including further appraisal drilling over the next two years.

© WOC News




Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News

PPG PITTSBURGH Paints launches Up North colour collection

Local designers, paint dealers select hues to bring area’s beauty indoors   TRAVERSE CITY, US: PPG PITTSBURGH(R) Paints launched the Up ...

Read more
BASF to explore new investment in Brazil

With a special focus on the growing South American market, BASF plans to invest in Brazil. The feasibility study is being conducted on world-scale p ...

Read more
Technip, BASF sign umbrella contract in chemical, petrochemical fields

PARIS, FRANCE: Technip was awarded by BASF an engineering partner umbrella service contract for chemical and petrochemical projects.   Both ...

Read more
Lanxess posts higher earnings on higher volumes and pricing

  Q1 EBITDA pre € 322 million, up 38 per cent Q1 sales € 2.1 billion, up 29 per cent yr-on-yr Q1 net profit € 166 million, up ...

Read more
Pfenex’s strategic alliance with SAFC for biopharmaceuticals

  The alliance will strengthen technology capabilities in the areas of microbial strain engineering, production of complex protein therapeutics ...

Read more
Elevance acquires Delta BioFuels facility in Natchez

  NATCHEZ, US: Elevance Renewable Sciences Inc has acquired the Delta BioFuels facility in Adams County. The company intends to convert the faci ...

Read more uses cookies to ensure that we give you the best experience on our website. By using this site, you agree to our Privacy Policy and our Terms of Use. X