Field/project development
This paper presents an approach for safe, efficient, and cost-effective legacy well reabandonment.
With confidence in subsea boosting performance growing, BP is incorporating pumping systems into both greenfield developments and brownfield expansions.
New agreements for exploration and production in Africa include activity in the Orange Basin offshore Namibia, offshore Angola, Senegal, and Côte d’Ivoire. In the Gulf of Mexico, a memorandum of understanding for deepwater evaluation was signed between Woodside Energy and PEMEX and Viridien initiated its Walker Ridge Reimaging Extension. TotalEnergies provided a targe…
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The natural gas pipeline is co-financed by the EU, with work beginning immediately. -
The deferments are the latest actions Shell has taken in response to record low crude prices.
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The announcement comes as Aker BP has stopped all nonsanctioned projects. The remaining two Phase 2 wells will come on stream in 2021.
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This contract is for the development of the Lambert Deep and Phase 3 offshore Northwest Australia.
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The contracts were awarded in February. Petrofac said it is working with ADNOC to explore alternative options.
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Subsea 7’s installation services contract is the latest Chevron award for its Anchor field project. First oil from the project is expected in 2024.
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Shell remains involved in the Salym Petroleum Development JV with Gazprom after dropping out of the planned Meretoyakhaneftegaz JV.
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McDermott was selected previously for a study of the FPU. Completion of the Trion project is expected in Q3.
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Unprecedented, perfect storm, a black swan event—all ways of describing the situation the oil and gas sector finds itself in right now. Here’s an analysis on the near-term outlook for projects in Asia Pacific.
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Revised estimates of project sanctioning total $61 billion in 2020, which is down from $192 billion forecast in 2019.
