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.
-
Encana CEO Doug Suttles assures that shale executives are acutely aware of the parent-child well challenge, and he doesn’t think it’s “a big threat” to the sector. -
Woodside awarded Subsea 7 three contracts since December 2018, each for engineering studies and includes an option for Woodside to proceed to the execute phase with an engineering, procurement, construction, and installation (EPCI) contract.
-
Commissioning is complete and Bechtel has turned over care, custody, and control of Train 1 to Cheniere, It's the first liquefaction train placed into operation in a greenfield facility in the lower 48 states.
-
The technical challenges imposed by tight well spacing and fracture interactions have become a focal point of recent earnings calls between investors and the leaders of several shale producers. The picture of the future is becoming clearer, and there are fewer oil wells in it.
-
BP Trinidad and Tobago began first gas production from its Angelin development on 26 February.
-
Current production from the phase is 400 MMcf/D and expected to peak at 700 MMcf/D. A third phase also is slated to come on stream this year.
-
Trendsetter Engineering completed its 2-year design and build work for Noble Energy’s Leviathan project.
-
The struggle to overcome the challenge of frac hits has led to a critical dialogue about which pathway the shale sector should take. One idea is to simply put the problem at the center of every major decision.
-
Petrobras and Shell have brought online the Lula field’s seventh FPSO as the firms continue to ramp up production from the pre-salt Santos Basin.
-
The new deal covers production deck manifolds and subsea pipelines for Zuluf and Berri, two large fields undergoing expansion projects.
