Management
The operator has estimated about 500 million bbl of oil in place at Algaita in Block 15/06.
The planned facility was designed to process 34 MMcf/D of associated gas into fully refined gasoline.
The development is expected to add approximately 39 million BOE in recoverable resources to the Solveig field.
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A new Eni/Petronas venture is targeting 500,000 BOE/D in output from combined upstream portfolios across Malaysia and Indonesia.
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The merger creates one of the largest oil-focused independents in the US with output of 526,000 BOE/D.
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BPX Energy will retain operatorship of the assets after the sale of its interests to private investment firm Sixth Street is complete.
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SPE and The Open Group have signed a memorandum of understanding to advance collaboration and innovation in the global energy industry.
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Thailand’s PTTEP is partnering with subsea joint venture SLB OneSubsea to expand capacity across two fields offshore Malaysia.
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Growing energy transition investment highlights oil and gas technologies as key enablers.
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Updates about global exploration and production activities and developments.
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Adaptability, collaboration, and digital technologies are all pages in Aramco’s oilfield R&D playbook.
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The objective of this microfluidic investigation is to identify and test two novel applications for magnetic fluids in porous media for subsurface oilfield applications.
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The aim of this study is to incorporate detailed geological, petrophysical, and hydraulic fracturing models to better predict and mitigate the effects of interbench interactions.