Management
The discovery in the Kutei Basin offshore Indonesia is being considered for fast-track development.
The new development is estimated to hold 46 million recoverable bbl of oil and is planned to start up in late 2028.
Project in US Gulf will add about 15,000 BOEPD to the deepwater Atlantis project at peak production.
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Production from the Dover field is expected to start in late 2024 or early 2025.
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When confronted by extremely hot wells drilled into hard rock, engineers start looking for new tools and then ask, is there a cheaper option?
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Plaquemines Phase 2 is the first project to take FID in 2023 and is expected to be the next new LNG capacity in North America.
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The approval adds momentum to the Alaska North Slope’s production revival.
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The contractor will supply flowline and connectors as part of a project on the Angolan field.
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A new report from Rystad Energy expects more than $200 billion will flow into greenfield offshore projects over the next 2 years.
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The Agogo Integrated West Hub Development Project is the first new major greenfield project awarded in Angola in more than 5 years.
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The Eagle Ford shale currently represents about 30% of Baytex’s total production.
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More than 2.0 mtpa of LNG to come from Plaquemines LNG and CP2 LNG facilities.
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Geothermal energy is bidding to emerge from its dark horse status in Texas and become a possible solution of choice for some renewable applications.