Asset Management
Equinor, Aker BP, and Vår Energi will combine resources and expertise to pursue some of the largest remaining exploration opportunities on the Norwegian Continental Shelf.
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The Loran Phase 2 license award builds on BP’s growing presence in Venezuela as it seeks to develop offshore projects, particularly shared fields near Venezuela’s maritime border with Trinidad and Tobago.
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Premier Corex and Teverra will be combining their efforts to aggregate data for companies involved in large-scale geothermal projects. -
SPE Journal has issued a call for papers for the 11th Comparative Solution Project (CSP) Special Issue. Organized by guest editors Anthony Kovscek (Stanford University) and Knut-Andreas Lie (SINTEF), submissions that are both directly and indirectly related to the 11th CSP will be accepted.
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The award includes two LNG ‘mega’ trains with a combined capacity of 16 mtpa.
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The $540 million joint acquisition is expected to close in June.
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The deal is expected to support the LNG exporter’s Sabine Pass liquefaction expansion project.
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The award is for Equinor's BM-C-33 development in Campos Basin.
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The construction of the CP2 LNG facilities in Cameron Parish is scheduled to start this year.
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One expert says there needs to be a transfer of safety culture from the traditional energy industry to the newer offshoot of renewables.
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The consortium will leverage the oil and gas industry's 100+ years of experience and technological developments in drilling and subsurface engineering to advance geothermal.
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Shell and Equinor are progressing the project toward a final investment decision, which is expected later this year.
