Latest news with #Offshore
Yahoo
16-07-2025
- Business
- Yahoo
Ireland Oil and Gas On-shore/Off-shore Exploration Map 2025
Explore Ireland's offshore and onshore exploration with our biannual 1:1,000,000 scale map. Available in digital print and PDF, it details all . Includes a concession guide and highlights all sedimentary basins by name. Ireland - Oil and Gas Exploration Dublin, July 16, 2025 (GLOBE NEWSWIRE) -- The "Ireland - Oil and Gas Exploration - 1st Edition 2025" map from La Tene Maps has been added to offering. The full color map is a concession map and shows all exploration licences onshore and offshore Ireland (north and south) together with the operator's name and licence type (Lease, licence and option). The map shows all quads, blocks, wells drilled with results and total depth. A detailed concession guide outlining the operator and consortia member interest is included. A feature of all our exploration maps is that the sedimentary basins are shown and named. For more information about this map visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Ireland - Oil and Gas Exploration CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
14-07-2025
- Business
- Yahoo
Here is Why Hess Corporation (HES) Gained This Week
The share price of Hess Corporation (NYSE:HES) surged by 6.91% between July 7 and July 11, 2025, putting it among the Energy Stocks that Gained the Most This Week. An oil tanker sailing across the horizon, conveying the importance of crude oil transportation for the company. Hess Corporation (NYSE:HES) is a leader in deepwater development and production, with top-quartile performance in offshore drilling and project delivery. Hess Corporation (NYSE:HES) received a boost this week after the analysts at Scotiabank adjusted the stock's price target from $146.58 to $155, while maintaining a 'Sector Perform' rating on its shares. The adjustment comes as Scotiabank is updating its price targets of the U.S. Integrated Oil, Refining, and Large Cap E&P stocks under its coverage. Moreover, it was also reported this week that Chevron is preparing to close its $53 billion acquisition of Hess Corporation (NYSE:HES), even as the two still await the decision of the arbitration court on the dispute filed by Exxon and China's CNOOC – Hess' partners in Guyana. While we acknowledge the potential of HES as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: 10 Best Nuclear Energy Stocks to Buy Right Now and The 5 Energy Stocks Billionaires are Quietly Piling Into. Disclosure: None.
Zawya
25-06-2025
- Business
- Zawya
Oman's offshore Block 50 poised for growth with updated reserves
MUSCAT: Masirah Oil Ltd, with its primary owner Rex International Holding Ltd (87.5%), is set to unlock further value from its Yumna Field in Block 50 Offshore Oman, following a comprehensive independent reserves estimation report by Exceed Torridon Ltd (XCD). The summary report, issued on June 23, 2025, highlights updated reserves figures as of December 31, 2024, and outlines an ambitious development strategy that includes several new wells aimed at enhancing recovery and extending the field's life. The Yumna Field, the first discovery in Oman's Block 50, has been a significant asset for Masirah Oil since its initial discovery in 2013 and the spudding of the first development well, Yumna-1, in December 2019. The field has shown robust performance, with production transferred to a Mobile Offshore Production Unit (MOPU) in April 2020, and subsequent wells, Yumna-2, Yumna-3, Yumna-4, and Yumna-5, contributing to its output. According to the XCD report, which was prepared in line with the Petroleum Resource Management System (PRMS) standards, the Yumna Field had produced approximately 9 million stock tank barrels (MMstb) by December 31, 2024. The updated assessment reveals significant changes in the remaining reserves, attributed to continued production, improved terms, and further optimization of the depletion plan. For the "Base 2P" category, the current report estimates gross attributable reserves to the license at 6.0 MMstb, a notable increase from the previous report's 3.7 MMstb. This 27% change underscores the positive impact of ongoing field optimization. Similarly, the "High 3P" category shows an increase to 7.0 MMstb from 4.1 MMstb, representing a 34% change. The "Low 1P" reserves also saw a slight increase to 0.5 MMstb from 0.4 MMstb. These figures are based on new assumptions for economic cut-off, with the economic limit for 1P, 2P, and 3P reserves set at December 2025, November 2030, and June 2031, respectively. A key factor in the updated reserves is the continuous refinement of the reservoir model. XCD provided Masirah Oil with an updated static and dynamic reservoir model in late 2023, which informed the drilling of the Yumna-5 well. The field exceeded initial production forecasts, prompting a further model update in October 2024 to better reflect the production trends. The report notes that this updated forecast has been accurate. The forward plan for the Yumna Field is focused on continued production optimization from the existing wells and the phased introduction of new development wells. Yumna-6 is slated to begin in the second half of 2025 as a sidetrack from the existing Yumna-2 well, targeting reserves in the northwest. Following this, a new well, Yumna-7, will be a step-out to the northeast, and Yumna-8, featuring a horizontal completion, will target reserves in the far northern part of the field, north of Yumna-2 and Yumna-6. These three wells (Yumna-6, Yumna-7, and Yumna-8) are included in the 2P development plan. Beyond these, the 3P scenario includes the drilling of Yumna-9, Yumna-10, and Yumna-11, further expanding the field's drainage. The technical review within the report indicates a positive development of the estimated in-place resource. Well data, including from the recently drilled Yumna-5, has identified additional reserves and reduced uncertainty in the volume estimations between 2020 and 2024. The field continues to experience a strong water drive from a very large aquifer, and based on production data, a recovery factor of approximately 45% is considered appropriate. The reservoir properties observed in Yumna-5 align with predictions, with effective sweep and residual oil saturations in the lowermost part of the reservoir. In 2024, the Yumna Field produced 0.864 MMstb gross oil from four wells: Yumna-2, Yumna-3, Yumna-4, and Yumna-5. While Yumna-1 was shut-in due to Electrical Submersible Pump (ESP) issues and Yumna-2 was temporarily shut-in for gas lift optimization, the field's oil rate peaked at 4,300 stb/d on April 26, 2024, before slowly declining to 2,700 stb/d. A constant Brent price of $65/bbl was used for economic calculations to determine the cut-off limit for production in this report.
Daily Record
28-05-2025
- Entertainment
- Daily Record
Inside Scots DJ Calvin Harris' big life changes from fatherhood to copyright row
Inside Scots DJ Calvin Harris' big life changes from fatherhood to copyright row Calvin Harris has been in the eye of the storm recently over his new track Blessings, which has been compared to Chicane's hit Offshore, leading to TikTok debate. Calvin Harris and Vick Hope are to become parents (Image: Jed Cullen/Dave Benett/Getty Ima ) Calvin Harris has been making headlines once more, although not necessarily for the right reasons. The Scottish DJ has found himself viral on TikTok following the release of his new hit track, Blessings. The Dumfries-born DJ has been enjoying chart success lately with his new track, which has appeared to divide opinion in a furious rant with DJ Chicane over claims he 'copied' the star's iconic hit, Offshore. The argument has recently taken TikTok by storm. The 41-year-old is soon to become a dad alongside wife Vick Hope, after she announced her pregnancy earlier in May, he continues his chart-topping success despite certain backlash. But what actually happened and where did his career all begin? Early career Calvin, real name Adam Richard Wiles, has had quite the career blow-up since discovering his passion for music in high school at the age of just 15. The Scottish DJ, born in Dumfries, went from uploading his tracks on Myspace to becoming one of the most famous and well paid DJs on the planet with a stream of number one hits. Calvin Harris got into music at the age of 15 (Image: Getty Images ) Article continues below He went on to release two songs through the Prima Facie label in 2002. After an unsuccessful stint in London, he returned to Dumfries and developed solo recordings at home and posted them on his 'Myspace' page before being signed to a record label in 2006. His first studio album 'I Created Disco', released in 2007, debuted at no.8 on the UK Albums Chart with hit singles Acceptable In The 80s and The Girls. Just two years later, the DJ released his second studio album which debuted at no.1 on the UK Albums Chart and received gold certification later that year. It was after this album that he moved away from singing, and focussed on his role as a producer and allowing other vocalists to take the lead on his tracks. Calvin's success just kept getting bigger and better, as his collaboration with Rihanna on We Found Love for his third album was his first single to reach no.1 in the US - fully launching his career to superstardom. As reported on WealthyGorilla, Calvin Harris is the richest DJ in the world with a net worth of £300million. 'Copyright' song drama Chicane, real name Nicholas Bracegirdle, claimed that Calvin's new single copies his 1996 classic Offshore, which spent eight weeks in the charts. He shared a two-minute video on TikTok showing how a riff in Offshore cut and looped sounded the same as Blessings. He began by stating: "I'm Nick Chicane and welcome to the video that I thought I would never have to make. This is my right to reply to all the comments online about the new Calvin Harris single Blessings' similarity to my 30-year old Offshore." He played the two singles on his music editing software before stating: "It's really hard to decipher when one comes in and one goes, that is because they are almost identical. I am defending my copyright and intellectual property here guys - I'd like to know what your comments are here guys." It was Calvin's response however that had Scottish fans in hysterics. He filmed an eight-minute video insisting he hadn't copied the track, of him playing the two singles. He laughed and branded Nick 'stupid' as he insisted: "it's not the same, it's not the f***ing same." People were quick to hilariously compare his rant to that in Trainspotting. He captioned the post: "Response to the people calling me a plagiarist over the last couple of days after that guys video, all the best." Calvin then claimed in the comments that Chicane had actually used a sample in his song, writing: "If you make it to the end you're rewarded with the track HE ripped off originally for his song." Becoming a dad Elsewhere in his personal life, Calvin is set to become a dad alongside wife Vick Hope. The pair first met back in 2022, and later tied the knot in an outdoor carnival-themed ceremony the following year. Vick and Calvin's baby is set to have an interesting start to life with the pair owning several homes, including a farm in Ibiza and a 10-acre estate in the Cotswolds. The couple announced they were set to become parents earlier this month. The pair are reported to be in the process of building a mansion on their Cotswolds estate, which is reported to become their main place of residence. BBC Radio host Vick stressed on air that she didn't want to make a big deal out of her pregnancy. She said: "This is not an announcement, by the way. People keep saying are you going to announce, are you going to announce? And I'm like, I'm not the King. Article continues below "I'll be honest, I struggle with anything that's personal or private. I will tell you a story about eating a kebab out of a bin, that's one thing. "But there's a line and so I've never been that big on sharing. Particularly because I've just been enjoying this privately and quietly."
The National
27-05-2025
- Entertainment
- The National
Calvin Harris rant goes viral amid Chicane plagiarism row
Blessings, featuring Clementine Douglas, was released on May 9 and faced criticism from fellow DJ Chicane who took to social media to claim that Harris had "copied" his own song, Offshore, released in 1991. Chicane, real name Nicholas Bracegirdle, posted a video on TikTok showing how a riff in Offshore cut and looped allegedly sounded the same as Blessings. READ MORE: Elon Musk's Tesla's monthly sales in Europe plunge by half In the video he says: "I'm Nick Chicane and welcome to the video that I thought I would never have to make. "This is my right to reply to all the comments online about the new Calvin Harris single Blessings' similarity to my 30-year old Offshore. "I am defending my copyright and intellectual property here guys - I'd like to know what your comments are here guys." Harris then posted an eight-minute-long video in response to the claims, which he captioned: "Response to the people calling me a plagiarist over the last couple of days after that guys video, all the best." @calvinharris Response to the people calling me a plagiarist over the last couple of days after that guys video, all the best x ♬ Blessings - Calvin Harris & Clementine Douglas The video showed him playing the two singles alongside each other to see which parts sounded the same. He can be heard laughing and calling Bracegirdle a "stupid b****rd". "It's not the same as you hearing that on the radio and thinking 'ah, that reminds me of that Offshore tune' - you've not heard Offshore in about f***ing 20 years and you know it. "I'll keep playing it until you f***ing realise," he added. READ MORE: Tommy Robinson released from prison after sentence reduced "This guy's gone, 'this guy's a thief, plain and simple, this guy's ripped off my intellectual property'. "One, you didn't invent the guitar. Two, it's not the same, it's not the f***ing same." Another DJ, Sam Sax, remixed Harris's rant into its own song, which has since gone viral on social media. Hundreds of videos have used the sound, gaining tens of thousands of likes. Sharing the audio, one TikTok user said: "Two djs arguing over who stole whos idea for their summer hit is the funniest thing to happen this year". Another said: "A Calvin Harris rant becoming Scotland's song of the summer was not on my 2025 bingo card". Harris responded to the remix: "Hhahahahah".
