Field/project development

Contractor will conduct FEED work on ExxonMobil’s Uaru development, which is expected to lead to construction and installation work.

In this second part of a two-part series on advances in artificial lift, we’ll look at the state of optimization and a trio of techniques and technologies under development or new to the market. Look for quarterly reviews of specific types of lift in upcoming issues in the new year.

US GOM players have come out of the pandemic slowdown with new perspectives on spending and cycle times and are targeting finds that can utilize existing hardware instead of those that require new iron.

A leaner and wiser Weatherford seeks new Middle East contracts while growing margins and market share on existing business.

ADNOC is hiring more jackup drilling rigs to boost offshore production of its more carbon-friendly brand of crude.

Ben van Beurden said quitting was impossible because the Netherlands was dependent on Groningen gas.

M&A market activity in the third quarter delivered the best showing of 2022 despite price volatility and a dearth of deals in the prolific Permian Basin.

In this first part of a two-part series, we look at how the artificial-lift sector has adapted to producing unconventional resources. The second part of the series to publish in November will crack open the lift toolbox to take a deeper look at the techniques and technologies under development or new to the market.

The authors of this paper propose a novel approach to data-driven modeling for transient production of oil wells.

The repeat order from Petrobras brings Keppel O&M’s net order book to about $8.2 billion.