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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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. -
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.
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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.
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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.
