Asset Management
The new technology, recently highlighted at OTC, has received a statement of maturity from ABS.
The deployment of a new heavy-duty robotic system aims to reduce workforce exposure to high-risk areas while improving detection of potential leaks.
Production delivered by the subsea artificial lift system will equal that obtained by drilling two new wells, according to BP.
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Nitzana will enable Israel to double gas exports to Egypt from the giant Leviathan gas field in the Eastern Mediterranean.
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Nearly 90% of investment since 2019 has gone to replacing lost production, with $570 billion in spending projected for 2025.
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Months of due diligence and evaluation following proposed $18.7 billion deal results in no deal to purchase Australian operator.
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Supermajor BP awards contract to same specialists who commissioned its Argos platform.
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Train 4 is expected to add 6 million tonnes per year of capacity to the South Texas liquefied natural gas project when it goes online in 2030.
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The deal between the Republic of the Congo and the Chinese oil and gas company aims to develop the Banga Kayo, Holmoni, and Cayo blocks and raise national oil output to 200,000 B/D by 2030.
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The companies said they plan to start deploying digital twin technologies in Oman this year.
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A total of 20 companies submitted applications for new exploration blocks offshore Norway.
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Egypt’s newest round of drilling agreements advances its quest to boost investment in mature fields to stop the freefall in gas production.
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The oilfield service company will supply power plants capable of electrifying 180,000 US homes with geothermal energy.