Field/project development
The Loran Phase 2 license award builds on BP’s growing presence in Venezuela as it seeks to develop offshore projects, particularly shared fields near Venezuela’s maritime border with Trinidad and Tobago.
ExxonMobil and its Area 4 partners have awarded $1.1 billion in pre-investment contracts for long-lead upstream equipment supporting Mozambique's Rovuma LNG project. The awards, led by OneSubsea, mark a key step toward FID as development advances on ExxonMobil's largest global investment.
Gran Tierra will refocus its investment strategy to strengthen its portfolio in Canada and Azerbaijan while Maurel & Prom, majority owned by Pertamina’s international upstream arm, grows its South American footprint in Colombia and Ecuador.
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I would like to highlight the following works as promising technological developments for production and facilities: innovative measurement techniques, improvements to drilling safety, new developments in piping inspection, and a very interesting study of triangular vs. circular cross-sectional pipes. -
The standalone FPSO destined for Senegal’s first offshore oil development is on its way to a Singapore yard for topsides integration and commissioning.
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Cassia C is BP Trinidad and Tobago's first offshore compression platform.
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The subsea partners secured a contract for the Cypre gas project offshore Trinidad and Tobago.
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Seven facilities design and public engagement principles are identified as key elements for the future oil and natural gas production facilities for the DJ Basin, and maybe even as a guide for other North American onshore shale basins.
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The Norwegian operator cites inflation and uncertainty surrounding supplier markets as factors in the decision.
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Methods inspired by artificial intelligence and software development help generate more ideas that add more value.
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Contractor will conduct FEED work on ExxonMobil’s Uaru development, which is expected to lead to construction and installation work.
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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.
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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.
