BP
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The supermajor redefined its Mad Dog II development in three key ways: a blank-sheet redesign to cut costs, altering the way it works as a result of the COVID-19 pandemic, and a digital twin offering unique access to the asset from anywhere in the world.
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The contractor will see the delivery of its first subsea production systems to Azule Energy.
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In this paper, a comparison is presented of the range of production outcomes for Clair Phase 1 and Clair Ridge, including the potential downsides of relying on natural fractures.
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Shell has decided to pull out of the Northern Endurance Partnership, one of Britain's largest carbon capture and storage projects.
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Also: A report says Bitcoin mining could ease emissions. Haliburton is accelerating its clean-energy efforts, while insurer Chubb cracks down on methane. ExxonMobil and Linde team up in Texas. Shell plans to limit CO2 emissions in Dutch plants, and Drax presses pause on bioenergy in the UK.
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The semisubmersible host is the centerpiece of BP’s $9-billion Mad Dog Phase 2 project.
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After successfully identifying prospects offshore Namibia with Shell and TotalEnergies, QatarEnergy is now expanding its African footprint into Mauritania.
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The authors of this paper define a work flow that constrains solutions that match models and field observations and obtains a more-representative model for forecasting and optimizing fracture behavior.
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The appraisal results are not enough to push development forward.
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The proposed transaction also would be the first step in establishing a joint venture between BP and ADNOC.