Australia

The move is part of a larger reset, cutting the operator’s international exposure

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.

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.

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.

The authors describe the process of building multiple scenario-based models to optimize development planning in preparation for the upcoming production phase of the Ichthys field offshore Australia.

The operator drilled a pair of complex, ultraextended-reach-drilling (ERD) wells a mature offshore Western Australia field despite shallow reservoir depth, extreme ERD profile, and high tortuosity requirements.

Partnership will move forward with the multibillion dollar Australian gas and condensate development.

The INPEX-lead Ichthys LNG megaproject won the 2021 International Petroleum Technology Conference Excellence in Project Integration award in a presentation that took place during the opening ceremonies of the annual conference.

The contractor will design and construct a newbuild FPSO destined for the giant Australian gas project in 2025.

The sale of the minority stake is part of its larger 2021 program to raise an average of $4 billion annually by shedding noncore holdings.