Field/project development
Saipem has launched offshore operations in Suriname, while Repsol is expanding exploration efforts in Venezuela and partnering with MOL Group and TPAO in the Mediterranean. Petronas, Shell, and Murphy Oil reported new discoveries in Suriname, Namibia, and Côte d’Ivoire, respectively, as Occidental acquired a stake offshore Trinidad and Tobago and BP began gas producti…
The next wave of unconventional growth will likely come from basins in Argentina, the Middle East, Australia, and elsewhere, fueled by expertise gained from shale plays in North America.
The $5.1 billion ultradeepwater project is Angola’s first integrated cross-block development and sits at the top of Azule’s Southern African portfolio.
-
This study compares, in a carbon capture and storage (CCS) context, the economics of a traditional business model vs. an alternative business model (a regional CCS hub separately managed by a special-purpose vehicle).
-
A surge in permit applications for long-term carbon storage sites reflects where industrially produced carbon dioxide can be harvested, and where the necessary pipelines are.
-
The contracts awarded by ExxonMobil and Equinor are for work offshore Guyana and Brazil.
-
The newbuild FPSO is destined for the giant Australian gas project in 2025.
-
A federal judge has upheld the Biden administration’s approval of the massive project on Alaska’s remote North Slope.
-
The four capital projects will enable Enterprise to send more NGLs to the Texas Gulf Coast.
-
Lac Da Vang is expected to deliver as much as 40,000 BOE/D at peak.
-
This paper presents a systematic review of the largest alkaline-surfactant-polymer flood project in the world, applied to the largest oil field in China.
-
The authors of this paper write that computationally coupled models enable swift, accurate, and engineered decision-making for optimal asset development.
-
AIQ, ADNOC, and SLB announced a new software suite that integrates artificial intelligence into reservoir analysis and field development projects.