Field/project development
The project partners and the Newfoundland and Labrador government reach agreement over life-of-field benefits, royalties, and an equity option, moving development toward sanction in 2027.
Operator started planning the development before it made its latest North Sea discovery.
The Middle East’s largest unconventional gas development officially begins production as Saudi Aramco targets 6 million BOE/D of gas and liquids capacity by 2030.
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More time and money are needed for Johan Castberg and others, while government looks to boost hydrogen research. -
Shell reported that most of its production was back online, but some facilities will remain shut-in until the end of the year.
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Operator hands out early engineering contracts to its alliance partners related to Norwegian North Sea development.
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The contractor will provide engineering, procurement, construction, installation, and commissioning for pipelines and umbilicals at the Shell-led deepwater field.
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French operator will assist country with enhanced oil recovery, natural gas gathering, and solar projects.
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The authors write of an efficiency-optimization effort in the planning and construction of a West African breakwater for LNG service that resulted in increased financial and environmental benefits.
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This paper describes an artificial intelligence deep Q network for field-development plan optimization.
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After more than 2 decades of talk, multiple millions of dollars in investments, and a decade’s worth of joint industry projects, operators are starting to get on board with electrification as the base case for subsea solutions.
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In this paper, the authors describe a model that uses augmented artificial intelligence to optimize well spacing by use of data sculpting, domain and feature engineering, and machine learning.
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A well-pattern-design work flow proved able to identify substantially better patterns than the traditional approach for a giant mature field.
