Field/project development
Saipem has launched offshore operations in Suriname, while Repsol is expanding exploration efforts in Venezuela and partnering with MOL Group and TPAO in the Mediterranean. Petronas, Shell, and Murphy Oil reported new discoveries in Suriname, Namibia, and Côte d’Ivoire, respectively, as Occidental acquired a stake offshore Trinidad and Tobago and BP began gas producti…
The next wave of unconventional growth will likely come from basins in Argentina, the Middle East, Australia, and elsewhere, fueled by expertise gained from shale plays in North America.
The $5.1 billion ultradeepwater project is Angola’s first integrated cross-block development and sits at the top of Azule’s Southern African portfolio.
-
The construction of the CP2 LNG facilities in Cameron Parish is scheduled to start this year. -
Shell and Equinor are progressing the project toward a final investment decision, which is expected later this year.
-
Contracts for the Uaru project’s FPSO and subsea installation were awarded to MODEC and Saipem.
-
The deal covers the supply of a subsea production system for the Uaru project in the country’s prolific Stabroek Block.
-
Offshore work related to the contract is slated to begin in 2024.
-
The first paper selected for this Intelligent Fields Technical Focus presents the use of a unique artificial-intelligence technique from the fourth industrial revolution—dual heuristic dynamic programming—to address business opportunities associated with optimization.
-
Considering the admirable perpetual transformation of the deepwater sector and the crucial impetus for change in the industry, the yearning for aggrandized and augmented innovative advancements is needed more now than ever.
-
This paper describes the building of a geomechanical model for an offshore field that integrated drilling, geology, petrophysics, and reservoir data to play a major role in the drillability and deliverability of the reservoir.
-
This paper describes a solutions hub that integrates engineering tools to maximize value and improve decision quality using recent digital technologies.
-
Sinopec becomes the first Asian equity holder in the NFE expansion after having signed a 27-year sales and purchase agreement with Qatar, the longest term in the industry.
