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.
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The Netherlands will end gas production from giant field discovered in 1959.
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Operator will not participate in Sea Lion project in the Falkland Islands.
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The new pledge from the world's largest oil producer comes just days before the 26th United Nations Climate Change Conference is set to meet in Glasgow, Scotland, to discuss new climate targets and initiatives.
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More time and money are needed for Johan Castberg and others, while government looks to boost hydrogen research.
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Shell reported that most of its production was back online, but some facilities will remain shut-in until the end of the year.
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Operator hands out early engineering contracts to its alliance partners related to Norwegian North Sea development.
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The contractor will provide engineering, procurement, construction, installation, and commissioning for pipelines and umbilicals at the Shell-led deepwater field.
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French operator will assist country with enhanced oil recovery, natural gas gathering, and solar projects.
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The authors write of an efficiency-optimization effort in the planning and construction of a West African breakwater for LNG service that resulted in increased financial and environmental benefits.
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This paper describes an artificial intelligence deep Q network for field-development plan optimization.