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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Queensland, Australia, is currently host to a number of coal-seam-gas (CSG) to liquefied-natural-gas (LNG) projects under development. -
A panel of oil and gas industry experts at the Rice Global Engineering and Construction Forum discussed megaprojects and the joint responsibility of owners and contractors to make them better.
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Although the use of managed-pressure drilling is helping drilling operation by allowing better pressure control in the annulus, there are also new risks to be taken into consideration.
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With events such as the BP Macondo blowout in the US Gulf of Mexico (2010) and the Pemex Ayatsil-C platform accident (June), the safety risks inherent in oil and gas projects are evident.
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The factors contributing to out-of-control costs and delayed deliveries of projects are many. They range from unrealistic early cost and time estimates and human factors to the effects of geopolitical events.
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In the kingdom of wet completion, Petrobras has just installed its first tension-leg wellhead platform, in the field of Papa Terra in 1190-m-deep water. It is going to be a revolution regarding how to operate such an installation and be able to produce the heavy oil of Papa Terra (14–17°API).
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Linhua4-1 was China’s first tieback subsea development project. To develop this marginal oil field, a number of technical challenges were overcome through a series of new technologies, and their successful development and implementation.
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Project management professionals need to revise the traditional methods of evaluating the efficiency and progress of major projects, if they want to improve their performance record.
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This paper presents a pragmatic approach to frame, evaluate, and compare appraisal strategies in resource plays.
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I had the pleasure of seeing an announcement for the semisubmersible hull destined for the Jack/St. Malo project leaving a South Korean shipyard for another in Texas.
