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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Vår Energi cited increased work scope, continued impact of global supply chain challenges for spike in the estimated cost of the Norwegian Continental Shelf project. -
The decision to spend more than $700 million comes 4 years after the French giant shelved the project amid low oil and gas prices.
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The Rosmari-Marjoram project will be developed utilizing subsea wells and solar power.
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This paper describes a novel distributed quasi-Newton derivative-free optimization method for reservoir-performance-optimization problems.
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The complete paper builds on existing tools in the literature to quantify the effect of changing well spacing on well productivity for a given completion design, using a new, simple, intuitive empirical equation.
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This paper describes a development plan for an oil field discovered in a remote offshore environment in the Niger Delta that uses a probabilistic approach to estimate the STOOIP using low, mid, and high cases.
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The authors of this paper describe a project that integrates carbonate stratigraphic forward models of outcropping formations and reservoir-modeling work flows.
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A trio of oil projects gears up to boost throughput on the Trans-Alaska Pipeline System.
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LLOG Exploration looks to engineering partner to assist with its ambitious platform re-use project in the Gulf of Mexico.
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The French producer has taken final investment decision on the deepwater Begonia field, plus natural gas and solar developments.
