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Category Archives: New Discoveries

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Go-Ahead Given for Biggest UK Field Found in a Decade

September 3, 2015

The largest hydrocarbon field found in the UK North Sea for more than a decade has been approved for development, Maersk Oil reported Monday. With $4.6-billion expected to be invested in the development it will support an estimated 6,000 UK jobs and create more than 400 jobs directly connected to the field. Discovered in 2008… Continue Reading »

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Exxon’s Guyana Oil Discovery May Be 12 Times Larger Than Economy

July 24, 2015

An Exxon Mobil Corp. discovery in the Atlantic Ocean off Guyana may hold oil and natural gas riches 12 times more valuable than the nation’s entire economic output. The Liza-1 well, which probably holds the equivalent of more than 700 million barrels of oil, may begin producing crude by the end of the decade, Raphael… Continue Reading »

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Oil Ministry: Eni Discovers Up To 15B Cubic Meters Of Gas In Egypt

July 21, 2015

Italy’s Eni has discovered gas reserves of up to 15 billion cubic metres in Egypt’s Nile Delta region, with production set to start in two months, the Egyptian oil ministry said on Monday. The discovery was made in Western Abu Madi, 120 km northeast of Alexandria, where Eni holds 75 percent of exploration rights through… Continue Reading »

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Scientists Find Limited Risk from Subsea CO2 Leakage

July 4, 2015

The results from the world’s first experiment into the realistic simulation of the potential environmental impact of a submarine CO2 leakage, which featured several studies by scientists from the National Oceanography Centre (NOC) and University of Southampton, have been published in a special issue of the International Journal of Greenhouse Gas Control (IJGGC). The research was conducted… Continue Reading »

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Aluminum Could Power AUV Operations in Oil, Gas

June 14, 2015

Aluminum could provide a new energy source for autonomous underwater vehicles (AUV) for oil and gas operations. Spun out from the Massachusetts Institute of Technology (MIT) 18 months ago, Open Water Power is seeking oil and gas industry partners to test its aluminum-water platform technology in the offshore oil and gas environment. Company officials told… Continue Reading »

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Fugro Discovers Shipwreck While Looking for MH370

May 16, 2015

Fugro Equator’s deep tow system detected a cluster of small sonar contacts in the southern part of the search area, 12 nautical miles to the east of the 7th arc. The sonar data was carefully analysed and categorised as Class 2, “of potential interest but unlikely to be related to MH370.” It could not, however,… Continue Reading »

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Oil, Gas Discoveries Today Can Lead to Jobs Tomorrow

May 6, 2015

Although the oil and gas industry is currently undergoing challenging market conditions, operators still need to develop discoveries in order to replace reserves. Appraisal and development drilling is only the beginning in bringing a discovery on stream. The time it takes to start production can range from a few months to several years depending on… Continue Reading »

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New Starfish Species Found in Antarctica

May 2, 2015

A new family of deep-sea starfish has been discovered living in the warm waters around a hydrothermal vent in the East Scotia Ridge in the Southern Ocean, Antarctica, British Antarctic Survey informed. Unlike most starfish that have 5 arms, specimens from this family (known as Paulasterias tyleri) have six or even eight. This extraordinary starfish… Continue Reading »

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SS City of Cairo Wreck Treasure Recovered

April 18, 2015

Deep Ocean Search (DOS) found a wreck of the SS City of Cairo, a mixed cargo and passenger ship belonging to Ellerman Lines, that sank in November 1942 on a voyage from Bombay to England, via Cape Town and Recife, Brazil. When it sank, the ship had 296 people on board of which 136 were passengers, and a mixed cargo,… Continue Reading »

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