Management
The Middle East’s largest unconventional gas development officially begins production as Saudi Aramco targets 6 million BOE/D of gas and liquids capacity by 2030.
While physical damage to energy infrastructure has so far been limited, analysts caution that a prolonged conflict could drive prices higher even as OPEC+ proceeds with planned incremental supply increases.
The integrated field management services contract signals an evolution of KBR’s role at Majnoon from one of stabilizing production to a more complex and sophisticated role that takes responsibility for integrating full upstream operations.
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One E&P company has found that implementing and sustaining a portfolio process require technical solutions and application of best practices for three critical elements: production forecasting, project modeling and economic evaluation, and portfolio management and decision making. -
a holistic view of technology maturation that addresses both technical and nontechnical risks. The definition of success is expanded to include the establishment of successful, commercially viable, and sustainable solutions that meet end-user needs and requirements.
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Independent Project Analysis researchers took a closer look at site project system staffing approaches including full alliance, owner engineering, contractor engineering, and core staffing to determine the effect of staffing characteristics on capital project outcomes.
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The Hebron field off the east coast of Canada has begun production 37 years after it was discovered. Production is expected to peak at 150,000 B/D and ultimately yield about 700 million bbl of oil over the field's life.
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KBR announced it has been awarded the Concept and front-end-engineering-and-design contract by Statoil for its ground-breaking Northern Lights project to develop an onshore carbon dioxide storage terminal in Norway.
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One of the largest presalt discoveries offshore Brazil has started producing oil. Libra field’s 1-year extended well test will provide technical data and cash for future development, which envisions three more FPSOs.
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Oil and gas professionals may not consider solar power to be a serious threat, but it is poised to make serious inroads into the heating and cooling market.
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SNC-Lavalin was recognized by the Rice Global Engineering & Construction Forum’s Award of Excellence for the fast-track installation of a 150 MMcf/D natural gas processing plant for production from the offshore Venezuela Perla field.
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Shell reported it has not observed any signs of oil on the water associated with a fire on the Enchilada platform, located in the US Gulf of Mexico.
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GATE Energy is the most recent contract awardee for Noble Energy’s Leviathan project offshore Israel. It will provide the commissioning of the production platform for the megaproject.
