Australia
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This paper details new technologies and work flows implemented for Australian offshore wells to improve drilling efficiency while managing associated risks.
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The complete paper discusses structural assessments for gravity-based structures, a topic that the authors write is underrepresented in the literature.
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Water Research Australia says the project aims to “address the challenge of water scarcity in the process of hydrogen production.”
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The megadeal will make Woodside a Top 10 independent global oil and gas producer with annual volumes of approximately 200 million BOE.
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Australian E&P rivals will merge to form a $16-billion producer with diverse asset set weighted toward natural gas and LNG.
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The paper highlights key learnings in well and reservoir surveillance analysis and optimization that have been developed using early production data from the Wheatstone project offshore Australia.
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The move is part of a larger reset, cutting the operator’s international exposure
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The international petroleum industry has been in the spotlight after a gas leak sparked the underwater “eye of fire” boiling to the surface in the Gulf of Mexico and a large blast at a Caspian Sea oil and gas field.
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The authors write that the road to decarbonization will involve several technologies working in concert, not the use of only one at the expense of others.
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The author shows that renewable energies are best used in replacing fossil fuels in the power sector, where it has the most effect in reducing CO2 emissions.