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Digitalization leads oil and gas research and development investment priorities, according to DNV’s 2019 annual outlook.
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The discovery is world’s third-largest natural gas discovery in the past 2 years.
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This paper presents the findings of a research project and the content of IPIECA’s “Practitioner Note on Monitoring and Evaluation of Social Investment,” which focus on the challenges faced by companies considering an increase in stakeholder demand for evidence-based reporting of social investment.
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McDermott International announced a “large” contract award from Saudi Aramco for the engineering, procurement, construction, and installation (EPCI) services in the Marjan field offshore Saudi Arabia. The contract calls for the upgrade of two existing platforms related to the installation of associated equipment for electrical submersible pumps, as well as space for a…
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The Abu Dhabi National Oil Company (ADNOC) has awarded South Korea’s SK Engineering and Construction Company a contract to build what it calls the largest underground project ever for oil storage. Under the terms of the deal, SKEC will construct three underground storage caverns in the Emirate of Fujairah on the eastern coast of the United Arab Emirates. Each cavern w…
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BP has contracted with i-Tech Services for subsea construction, inspection, repair, and maintenance (IMR) of BP’s portfolio in the West of Shetland and northern UK North Sea regions. Under the terms of the deal, i-Tech will provide a life-of-field support vessel complete with work-class and observation-class remotely operated vehicles (ROVs), capable of performing ins…
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The past year ended with a surge of subsea tree awards as E&P operators locked in lower supply-chain cost. Will demand continue to grow in 2019 and allow subsea OEMs to build backlogs and take back pricing power?
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The technical challenges imposed by tight well spacing and fracture interactions have become a focal point of recent earnings calls between investors and the leaders of several shale producers. The picture of the future is becoming clearer, and there are fewer oil wells in it.
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BP Trinidad and Tobago began first gas production from its Angelin development on 26 February.
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The vessel will produce approximately 2.5 mtpa of LNG for the project, which is expected to deliver first gas in 2022.
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Glen Christensen has joined Kleinfelder Engineering as vice president and area manager for the firm's Alberta, Canada operations. He will be responsible for managing operations throughout the region, which includes offices in Edmonton and Calgary. Christensen brings over 20 years of experience delivering engineering and construction projects for clients in the heavy o…
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Operators in the Permian Basin are looking for new ways to handle the rising volumes of produced water coming out of the region without using saltwater disposal wells. One solution, treatment for discharge, could provide an efficient alternative.
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