Field/project development
The project partners and the Newfoundland and Labrador government reach agreement over life-of-field benefits, royalties, and an equity option, moving development toward sanction in 2027.
Operator started planning the development before it made its latest North Sea discovery.
The Middle East’s largest unconventional gas development officially begins production as Saudi Aramco targets 6 million BOE/D of gas and liquids capacity by 2030.
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The deal covers the supply of a subsea production system for the Uaru project in the country’s prolific Stabroek Block. -
Offshore work related to the contract is slated to begin in 2024.
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Considering the admirable perpetual transformation of the deepwater sector and the crucial impetus for change in the industry, the yearning for aggrandized and augmented innovative advancements is needed more now than ever.
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This paper describes the building of a geomechanical model for an offshore field that integrated drilling, geology, petrophysics, and reservoir data to play a major role in the drillability and deliverability of the reservoir.
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This paper describes a solutions hub that integrates engineering tools to maximize value and improve decision quality using recent digital technologies.
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The first paper selected for this Intelligent Fields Technical Focus presents the use of a unique artificial-intelligence technique from the fourth industrial revolution—dual heuristic dynamic programming—to address business opportunities associated with optimization.
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Sinopec becomes the first Asian equity holder in the NFE expansion after having signed a 27-year sales and purchase agreement with Qatar, the longest term in the industry.
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The Gas Growth Integrated Project will capture and supply flare gas to generate electricity and treat seawater to manage pressure in oil wells in Iraq’s Basra region.
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The contractor will execute the work scope jointly with Canadian subcontractor Hatch.
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This paper presents an automated calibration process, probabilistic infill well ranking, and location optimization for a major heavy oil field in Colombia with original oil in place of more than 5 million STB.
