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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McDermott will provide EPC, hookup, and commissioning of the Cassia C topsides, a jacket, and a bridge to link Cassia C with the existing Cassia B platform. -
First gas from the Cassia C platform, which will help maintain production rates to the Atlantic LNG terminal, is expected in 2021. The Matapal project, which will tie back to the Juniper platform, will come on stream in 2022.
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Financially healthier than in years past, operators are prepared to stave off the negative impacts of volatile oil markets in 2019 and advance their exploration and development programs.
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Venture Global LNG awarded the EPIC contract for its Calcasieu Pass LNG export facility to Kiewit. FID is expected in 2019, completion in 2022.
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Startup comes 8 months after the initial discovery in March, marking the second successful tieback since 2017 to the Beryl Alpha platform in the UK North Sea.
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In the clustered-development approach, the geologic dependence between prospects is combined with the aggregation of prospects to determine the economic viability of a grassroots development offshore.
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The ideal well spacing is in the eye of the beholder. The decision depends on so many factors that machine learning is now trying to determine the best combination of ingredients.
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Majors BP and Chevron have overcome development challenges and delays to launch their respective Clair Ridge and Big Foot projects.
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The unit is flowing oil and gas from the Lula Extremo Sul area, 290 km off Rio de Janeiro state in 2150 m of water.
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The expansion is expected to boost production of the deepwater Gulf of Mexico platform by approximately 30,000 BOE/D. It is the fourth major upstream project to begin production for BP in 2018.
