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.
-
Researchers from the Federal Reserve Bank of Dallas quantified the economic impact of the US shale revolution for the first half of this decade. -
In a $60 to $70 oil environment, the subsea market is poised to grow around 7% annually up to 2025. But a significant portion of this activity is at risk if the price of Brent crude falls to $50 per barrel.
-
The firms are now partners on multiple blocks in the North Argentina Basin.
-
Australia’s BHP Billiton and the recently acquired Anadarko Petroleum submitted the largest dollar totals of high bids in US Gulf of Mexico Lease Sale 253.
-
One of the largest industrial projects in the UK in recent years, Mariner marks Equinor’s first operated field on the UK Continental Shelf. It is expected to produce 70,000 BOPD at peak rates.
-
Seven years after discovering commercial reserves in the northern part of the country, the Kenyan government and a group led by Tullow have accepted a bid from the Chinese trading company to purchase its first shipments of crude.
-
Var Energi has awarded Rosenberg Worley with an EPCI contract for the redevelopment of the Balder and Ringhorne fields in the Norwegian North Sea. Rosenberg Worley will manage the life extension of the Jotun FPSO to help secure production from the Balder field until 2045. Var hopes to move the FPSO to a fabrication yard in Stavanger next spring for a 15-month stint, d…
-
The Norwegian Petroleum Directorate has given clearance to start up facilities at the North Sea field, which straddles the line between the UK and Norwegian sectors. Production is set to begin in September.
-
The Scottish company will roll out its X-PAS predictive analysis service on CNOOC’s Buzzard, Golden Eagle, and Scott platforms on the UK Continental Shelf.
-
Times are still financially tough for many shale operators: Sanchez Energy and Halcón Resources become the latest to file for Chapter 11 protection.
