Asset Management
Alongside the new subsea awards, Equinor strengthened its position in the 400-million-bbl Bay du Nord development by acquiring BP’s interest in the project.
Spain has granted permits covering a swath of the mountain range to Mantle8 for natural hydrogen and helium exploration a month after France granted the company similar permits.
A new licensing deal with ZL Chemicals will make Chevron’s unconventional EOR technology available to other tight-oil producers.
-
The four blocks on offer could contain around 4 billion bbl of oil. -
The Norwegian Sea field is expected to come on stream in late 2025.
-
Among the outcomes from COP27 that SPE will be discussing in future meetings and publications are the participation of the oil industry in the conference, decarbonization vs. reduction, and attempts to phase out petroleum. Also, read about how SPE Energy Stream selects and presents live and on-demand programming.
-
Crude output from the country is now less than 15,000 B/D.
-
Drillship Deepwater Titan is the first rig delivered with two 20,000-psi blowout preventers.
-
FSRU Exemplar will deliver natural gas to Finnish and Baltic markets via a decade-long contract with local transmission company.
-
Offshore rig owner expands deepwater fleet in a transaction valued at just under $1 billion.
-
Instead of insights, traditional economic yardsticks in mature fields can create surprises. Buyers, investors, and lenders need new yardsticks—besides those based on present value—in order to make profitable decisions in mature properties.
-
The Marine XII area development could see 3 mtpa of LNG production by 2025.
-
The results of well testing at Zeus-1 are being combined with results of testing at two other discoveries to create a plan for the fast-track development of the offshore block.
