Management
The contract will cover the design and manufacturing of tree systems, flexible flowlines, a manifold, and controls, as well as installation of the subsea production system.
The Essington-1 well is the first discovery in the Otway since 2021.
The ruling means the state will take over permitting and enforcement of EPA regulations pertaining to all classes of wells, including injection wells for carbon dioxide storage.
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Dudley’s retirement will end an almost decade-long tenure in which he oversaw the company through the aftermath of the Macondo disaster and a generational oil-price slump. -
Speaking on the final day of ATCE 2019 in her home province of Alberta, Shauna Noonan unveiled the theme of her 2020 SPE presidency, “SPE Strong: Strengthen the Core.”
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Aker BP expects the unmanned facility, a further development of the Valhall field in the Norwegian North Sea, to recover 60 million BOE. Startup is expected sometime this fall.
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The current M&A market is characterized by an increase in private capital, geographical diversity, and a variety of transaction types, including joint ventures and royalty deals.
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The real challenge of attracting and retaining women to the industry is unrelated to gender.
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The $600-million deal sees NGL net around 580,000 B/D in disposal capacity and 680,000 B/D in transportation capacity via 19 saltwater disposal wells and a network of produced water pipelines. Hillstone also holds an aggregate of more than 110,000 acres in the Delaware Basin.
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With its $4.5-billion acquisition of ExxonMobil’s remaining portfolio on the Norwegian Continental Shelf now official, Var Energi says it hopes to realize its ambitious growth plans.
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Output fell below 12 million B/D and was down more than 300,000 B/D from an all-time high in April, according to data from the US Energy Information Administration.
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ConocoPhillips has pulled out of the much-hyped Louisiana Austin Chalk play after the company’s test wells yielded a gusher of water. Meanwhile, an Australian operator flying under the radar continues to pursue the adjacent-but-even-more-challenging Tuscaloosa Marine Shale.
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Ireland’s decision to end fossil fuel exploration, which was announced by Taoiseach Leo Varadkar at the recent UN climate summit, means the republic is among the first countries in the world to get out of oil and gas production.
