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.
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Development of these offshore fields carries a combined price tag net to Aker BP of $19 billion. -
This year has seen the highest amount of capacity sanctioned since 2010.
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The deal awards the first concession in the Middle East for unconventional oil resources.
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A pair of innovative field development strategies are helping tame the wild, wild Permian Basin.
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I would like to highlight the following works as promising technological developments for production and facilities: innovative measurement techniques, improvements to drilling safety, new developments in piping inspection, and a very interesting study of triangular vs. circular cross-sectional pipes.
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The standalone FPSO destined for Senegal’s first offshore oil development is on its way to a Singapore yard for topsides integration and commissioning.
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Cassia C is BP Trinidad and Tobago's first offshore compression platform.
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The subsea partners secured a contract for the Cypre gas project offshore Trinidad and Tobago.
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Seven facilities design and public engagement principles are identified as key elements for the future oil and natural gas production facilities for the DJ Basin, and maybe even as a guide for other North American onshore shale basins.
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The Norwegian operator cites inflation and uncertainty surrounding supplier markets as factors in the decision.
