deepwater
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Using a new model, the federal agency said deepwater operations will drive the region's production to 1.9 million B/D next year.
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The two projects at the Jack/St. Malo and Tahiti deepwater facilities are expected to recover millions of additional barrels of oil equivalent.
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Collaboration agreement lays foundation for advancing tech and know-how for harsh environment operations.
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The field represents the offshore industry's proving ground for "20K-rated" technologies needed to unlock other high-pressure reservoirs.
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China's biggest offshore company is looking to open a new frontier with shallow reservoirs found in the deep water of the South China Sea.
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India’s state oil company is accepting proposals from potential technical service partners until 15 September for EOR projects in the Arabian Sea.
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A proprietary direct lithium extraction technology proposes using electrodialysis to produce lithium, green hydrogen, and fresh water from geothermal brines while repurposing oil and gas infrastructure. Meanwhile, new research reveals that deepsea polymetallic nodules generate oxygen through electrochemical processes at depths of up to 13,000 ft and may also hold valu…
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The operator will utilize drillship Deepwater Invictus for both development and exploration drilling under a 3-year pact.
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First oil is expected in 2029 from the development, which has a budget under $5 billion.
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Phase 2 of the fast-track project expected to quadruple output to 60,000 BOPD by year-end.
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