Field/project development
Known as Arena, the collaboration aims to improve decision-making across increasingly complex reservoirs and growing volumes of subsurface data.
The Absheron gas field expansion will supply additional natural gas to Azerbaijan’s domestic market and support its export commitments to Turkey, allowing Baku to stay focused on meeting its gas export obligations to Europe.
With $9.6 billion in assets in the market, the focus is shifting from who is exiting Southeast Asia to who is positioning for entry through acquisition, according to Rystad Energy.
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The contractor was tapped by Chevron Australia and Aker Solutions to provide power from shore to the Jansz-Io field offshore Australia.
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Service company was previously awarded a similar scope of work related to Shell's Vito project in the US Gulf.
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The facility is the second delivered under Aker BP’s platform alliance designed to use a more integrated project delivery model.
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Brazil has plans to create a competitive gas market. Equinor is operating two big projects that could offer a model for how a company not named Petrobras could market gas produced offshore.
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US Gulf project will use a similar floating solution to the operator’s Vito project due onstream next year.
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Chevron is having to drill a fifth production well at Israel’s Leviathan natural gas and gas-condensate field to keep production ahead of rising demand, driven by exports to Egypt’s growing LNG hub.
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The Zama field was once considered the ideal result of Mexico's energy reforms that sought to bolster the country's oil and gas output by inviting private companies to participate in the energy sector.
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The Gorgon gas project will consist of a new floating field-control station and subsea compression infrastructure.
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The contractor will supply over 300 km of flexible pipe between four field developments offshore Brazil.
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The North Sea project is set to include 23 subsea, oil-producing wells tied into four subsea templates to tap an estimated 200 million bbl of oil.