Field/project development
Vår Energi ASA and partners have officially sanctioned the Previously Produced Fields Project in the Greater Ekofisk Area. The redevelopment is expected to add high-value barrels starting in 2028, extending the production life of one of Norway’s key offshore regions.
The company engineered, designed, and manufactured multiple internal floating roof systems and tank-top equipment packages for TotalEnergies’ new storage terminal in Equatorial Guinea.
Fugro’s entry into the UK’s small modular reactor market follows its breakthrough in the US, where it secured a contract in February to perform a geoscience site investigation for the recommissioned Palisades Nuclear Power Plant in Michigan.
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The failure rate for megaprojects is often blamed on complexity. A dinner during ATCE asked whether there is a limit to the degree of complexity we are capable of effectively managing.
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Statoil is going to work to put its enormous Johan Sverdrup discovery into production, showing that even one of the most explored parts of the North Sea still has significant potential.
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The focus of this paper is how efficiencies affect schedule, with the recognition of the secondary effect on project cost. This paper also proposes integrated project delivery to enhance effectiveness.
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Project managers for megaprojects that will take years to complete require special skills to deal with the many challenges. As a result, engineering and construction firms report a shortage of project managers.
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There is no question that deepwater production will play a very important part in meeting the world’s future energy demand.
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PFC Technical Director Howard Duhon asked readers about the drivers of project complexity. Here are the results.
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Many companies are seeking 20% to 50% reductions in project costs. This level of capital cost reduction requires serious rethinking of the strategy for developing and executing projects.
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A few months ago while at lunch with a project team, I heard an engineer lament about how much more difficult it is to execute a project now than in years past.
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A webinar examined reasons why projects fail to meet profit expectations and how success potential can be enhanced.
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The purpose of this paper is to examine coiled-tubing (CT) -stimulation and -logging technologies used in the timely project execution of one of Saudi Arabia’s largest field developments to enhance matrix-stimulation success in a cost-effective manner.