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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After more than 2 decades of talk, multiple millions of dollars in investments, and a decade’s worth of joint industry projects, operators are starting to get on board with electrification as the base case for subsea solutions. -
In this paper, the authors describe a model that uses augmented artificial intelligence to optimize well spacing by use of data sculpting, domain and feature engineering, and machine learning.
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A well-pattern-design work flow proved able to identify substantially better patterns than the traditional approach for a giant mature field.
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The project’s new wellhead platform will be powered by a renewable energy system.
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The Biden administration has appealed a district court decision to restart oil and gas leasing programs in the US.
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The contracts will cover concept and other project engineering services for at least the next 5 years.
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The contractor was tapped by Chevron Australia and Aker Solutions to provide power from shore to the Jansz-Io field offshore Australia.
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Service company was previously awarded a similar scope of work related to Shell's Vito project in the US Gulf.
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The facility is the second delivered under Aker BP’s platform alliance designed to use a more integrated project delivery model.
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Brazil has plans to create a competitive gas market. Equinor is operating two big projects that could offer a model for how a company not named Petrobras could market gas produced offshore.
