Field/project development
The loan to Arena Energy will generate an estimated 38,600 B/D in new production from 22 platforms in the Gulf.
TotalEnergies signed off for 30% operated stakes in the Lang Lebah and B14 gas fields offshore Sarawak on the sidelines of ADIPEC in Abu Dhabi, while also highlighting methane-reduction partnerships in Angola, India, and Southeast Asia.
New rules requiring Mozambique’s LNG industry to supply 25% of production to the domestic market could stabilize gas deliveries to South Africa’s Secunda industrial center as the Pande and Temane gas fields near depletion.
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A drop in the number of wells drilled on the UK Continental Slope is concerning as many fields in the mature basin are reaching the point of production cessation.
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Oxy’s 1PointFive subsidiary and ADNOC plan to assess the feasibility of building the first megaton-scale DAC facility outside of the US.
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The work scope for the project runs through year-end 2027.
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The order builds on the expanded master equipment agreement between the companies for more than 100 mtpa of LNG.
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While many expect oil and natural gas to retain their roles in the energy mix of 2050, the more significant question should not only be on how much oil and gas will be needed but from where the world will find it.
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This paper presents an approach to optimize the location of wellhead towers using an algorithm based on multiple parameters related to well cost.
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This paper describes the application of learnings from an offshore project in the Caspian to an underground gas storage project to enhance drilling performance.
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The company is set to supply offshore well services and subsea systems for Vår Energi-operated fields on the Norwegian Continental Shelf.
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Operator pays $400 million for a 40% stake in tract that contains the $6-billion Cameia/Golfinho project.
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The heated global jackup rig market has day rates for premium units climbing higher.