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New regulations have recently commenced with the effect that all onshore oil and gas exploration and production proposals involving hydraulic fracturing in Western Australia now will need to be referred to the Environmental Protection Authority for assessment.

Future offshore oil and gas fields are likely to be satellite developments that emit less greenhouse gas because they do not require new production platforms. A new computational tool is now enabling the design of longer pipelines that will allow many more fields to be developed as satellites.

In 2019, the oil and gas industry experienced 25 deaths, according to a new report released by the International Association of Oil and Gas Producers. This compares with 31 fatalities in 2018.

The EPCI contract for the Breidablikk development includes provision of flexible jumpers and rigid pipelines as well as pipeline installation work. About 70% of the value creation in the Breidablikk development phase is expected to go to Norwegian companies.

In another all-stock transaction, one of the largest operators in the Permian Basin is set to add nearly 250,000 acres to its portfolio and swell oil production to more than 300,000 B/D.

A federal court struck down an Obama-era regulation targeting methane leaks from drilling on public lands, arguing that it went beyond the scope of the Bureau of Land Management, which promulgated the rule. 

Cyberhawk will provide drone inspection, surveying, data visualization services, and inspection reports.

The Bureau of Safety and Environmental Enforcement approved the conversion of the Lena compliant tower platform into an artificial reef under the bureau’s Rigs to Reefs program.

Shell has selected Bentley Systems, a provider of software and digital twin cloud services, to help streamline its capital projects and decrease time to first oil.

Marking the end of a 2-year existence, Riviera is preparing for liquidation and dissolution. The sale of its upstream and midstream assets for $146 million will deliver a $1.35-per-share cash dividend to shareholders. By the end of this year, the company will cease to exist.