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 workflow aims to reduce the startup time of a subsea production system (SPS). A dynamic integrated model is used to adjust the scheduled SPS startup time. The model evaluates the dynamic simulation response of a large field startup by integrating a reservoir- and gathering-network model.
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Touted as the Mediterranean Sea’s largest-ever gas discovery, the “supergiant” Zohr field is expected to cover much of Egypt’s gas demand in the coming decades.
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The Hebron field off the east coast of Canada has begun production 37 years after it was discovered. Production is expected to peak at 150,000 B/D and ultimately yield about 700 million bbl of oil over the field's life.
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KBR announced it has been awarded the Concept and front-end-engineering-and-design contract by Statoil for its ground-breaking Northern Lights project to develop an onshore carbon dioxide storage terminal in Norway.
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One of the largest presalt discoveries offshore Brazil has started producing oil. Libra field’s 1-year extended well test will provide technical data and cash for future development, which envisions three more FPSOs.
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SNC-Lavalin was recognized by the Rice Global Engineering & Construction Forum’s Award of Excellence for the fast-track installation of a 150 MMcf/D natural gas processing plant for production from the offshore Venezuela Perla field.
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GATE Energy is the most recent contract awardee for Noble Energy’s Leviathan project offshore Israel. It will provide the commissioning of the production platform for the megaproject.
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McDermott announced a letter of award for a contract from Reliance Industries for the deepwater KG-D6 subsea field development in the Krishna Godavari Basin.
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A proactive approach with EPC contract bidders to front-end load HSE strategies will pay dividends. This paper discusses the HSE management strategy for the Lake Charles Liquefied Natural Gas project.
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Statoil selected the name “Empire Wind” for its offshore wind site located off the southern coast of Long Island, New York. The company also recently stepped into solar power in Brazil.