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Plans call for license partner Aker BP to serve as operator during the development phase, with operatorship reverting to DNO after first oil in 2028.
Production from the Búzios field now tops 1 million B/D with six floating production systems in operation and more on the way.
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The honorees will be recognized later this year at the OTC Distinguished Achievement Awards Luncheon. -
Duo launches center of excellence aimed at promoting and expanding nonmetallic materials’ role in construction.
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A demonstrator showcasing the potential of the technology is scheduled to come on line in late 2023.
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The paper describes the steps that have already been taken to create an industry-wide group that includes operators, class regulators, and service providers to agree on the primary challenges and to encourage development of practical solutions in a cost-efficient way.
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This paper considers transportation safety and risk evaluation of liquefied natural gas, with emphasis on accidental release and vapor flame.
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The Gas Exporting Countries Forum (GECF) forecasts in its annual global gas outlook that natural gas will comprise nearly a third of the global energy mix by 2050 and fuel more than half of the world’s electricity production. So, when it comes to fixing climate change, natural gas is one fossil fuel that can’t be dismissed. The 11 countries comprising the GECF control…
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The paper details the fast-tracking of a 450-km floating liquefied natural gas unit relocation from Sarawak to Sabah offshore Malaysia. The time from selecting the new field to unloading LNG at the new location was 13 months.
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The national oil company will not extend contracts with ExxonMobil, Total, and others on Qatargas 1 that expire next year.
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Partnership will move forward with the multibillion dollar Australian gas and condensate development.
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The secretaries of the Interior, Energy, Commerce, and Transportation departments met at the White House to discuss advancing wind energy in the United States while the Bureau of Ocean Energy Management identified prime areas for offshore wind energy off the US East Coast.
