Field/project development
Assets consolidated into the Searah JV include Eni-operated deepwater gas-condensate developments in the Kutei Basin, offshore East Kalimantan, Indonesia.
Five agreements target more than 11 Tcf of offshore gas and include flare-reduction technology.
ExxonMobil and QatarEnergy’s MoU with Cairo to monetize Cyprus’ offshore Glaucus and Pegasus natural gas supports Egypt’s strategy to become the Eastern Mediterranean’s leading gas processing and LNG export hub.
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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.
