offshore
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Westwood Energy analysts suggest operators have an opportunity to secure rigs at lower rates for their 2027 drilling programs.
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Estimates commissioned by the Australian government suggest that increasing efficiency will lower costs for decommissioning offshore Australia.
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The contract will cover the design and manufacturing of tree systems, flexible flowlines, a manifold, and controls, as well as installation of the subsea production system.
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The Essington-1 well is the first discovery in the Otway since 2021.
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Plans call for license partner Aker BP to serve as operator during the development phase, with operatorship reverting to DNO after first oil in 2028.
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Geophysicist Markos Sourial discusses advances in seismic imaging, the challenges of modern data processing, and what they mean for the next wave of subsurface professionals.
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Thailand’s PTTEP is partnering with subsea joint venture SLB OneSubsea to expand capacity across two fields offshore Malaysia.
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Although the global total drilling rig supply is tightening as contractors sell off modern units for nondrilling purposes, day rates are expected to remain flat or dip in the near term, according to an analysis by Esgian.
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SPE Technical Director Hamad Al-Marri shares his outlook of the oil and gas production facilities landscape as it stands on the cusp of a significant transformation. The demand for oil and gas will continue to exist, but the industry will need to adapt to a new reality.
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TotalEnergies and the Danish Underground Consortium complete a 7-year effort to redevelop the Tyra field, lowering emissions and extending field life.