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Environment

BSEE Panel Investigation Into Incident Yields Recommendations To Protect the Environment

As a result of its investigation into the incident and its findings, the bureau recommends that operators increase scrutiny in the design, placement, and maintenance of their subsea infrastructure.

January 5, 2020 • HSE Now
Business/economics

US Shale: All Signs Point to Further Consolidation

As capital markets dry up and shale producers look for pathways to growth, oil and gas data analytics firm Enverus predicts the US sector will see a “surge” in mergers and acquisitions in 2020.

January 5, 2020 • Journal of Petroleum Technology
Carbon capture and storage

Oxy and Total Team Up in Colorado for Carbon Sequestration Project

A new joint study will test the economic viability of taking CO2 from a cement plant and giving it to an oil company to pump underground.

January 6, 2020 • Journal of Petroleum Technology
LNG

Saudi Aramco, Sempra Sign IPPA for Port Arthur LNG

The agreement comes 8 months after Saudi Aramco agreed to take a 25% ownership interest in the southeast Texas project. Phase 1 of the project is expected to produce 11 mtpa of LNG.

January 5, 2020 • Oil and Gas Facilities
Business/economics

BP Makes $625 Million Exit From North Sea Assets

The deal is part of BP’s plan to divest $10 billion in the North Sea so that it can focus on developing core growth areas and construct more cost-effective subsea tiebacks in the region.

January 6, 2020 • Journal of Petroleum Technology
Environment

Equinor Plans to Eliminate Norwegian Carbon Emissions

Equinor has released its plan for eliminating carbon dioxide emissions in Norway by 2050, but it comes with some tall technical challenges.

January 6, 2020 • Stephen Rassenfoss • Journal of Petroleum Technology
Career Development

The Big Crew Change—Bang or Whimper?

Competing narratives make it difficult to evaluate the “big crew change.” Has the worst of it already passed, leaving the industry relatively unscathed?

January 6, 2020 • Samuel Ighalo • The Way Ahead
Exploration/discoveries

Discovery Suggests Guyana Bounty Extends Offshore Suriname

A significant discovery of oil off Suriname increases the odds that major oilfields off Guyana will extend across that international boundary.

January 6, 2020 • Stephen Rassenfoss • Journal of Petroleum Technology
LNG

Venture Global Delays FERC Application Filing Date for Delta LNG

The move allows Venture Global further evaluate pipeline route alternatives that could reduce impacts in tidal marsh environments along the Mississippi River.

January 6, 2020 • Oil and Gas Facilities
Business/economics

Premier Acquires North Sea Assets from BP, Dana

The company will shell out more than $800 million to acquire interests in the Andrew and Shearwater areas, as well as the Tolmount field, offshore Scotland.

January 6, 2020 • Oil and Gas Facilities

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