Onshore/Offshore Facilities
Flow measurement touches almost every phase of oil and gas operations. Yet the industry still struggles to distinguish between what is directly measured, what is inferred, and what is estimated through models, correlations, or assumptions. That distinction matters. A measurement does not need to be perfect to be useful, but it must be fit for purpose.
The sale of Woodside’s Calypso stake to BP completes the company’s withdrawal from Trinidad and Tobago after decades of operations in the country.
ExxonMobil’s Letter of Intent to begin preliminary engineering and procurement work for Mozambique’s Rovuma LNG project bridges the development to a final EPC contract, which Area 4 partners are expected to award following an FID anticipated by year-end 2026.
-
After suffering a 2-year delay and unexpectedly large cost overruns, the Norwegian oil and gas field is expected to produce for 20 more years. -
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.
-
NextDecade pushes the final investment decision on project to the first quarter of 2023.
-
Equinor has submitted a plan for development and operations with Norwegian authorities that would add gas compression and electrification to the Hammerfest LNG plant.
-
Aker BP submitted the NOAKA development plan along with 10 other investments on the Norwegian shelf that collectively represent one of the largest private industrial developments in Europe.
-
The Railroad Commission of Texas is inspecting injection wells in the Gardendale Seismic Response Area where a magnitude 5.3 earthquake and multiple aftershocks struck.
-
The infrastructure company placed the winning high bid in a bankruptcy auction.
-
Operator also moves forward with electrification of the Njord field.
-
Boosting gas production from Israel’s Tamar offshore gas field, combined with gas from the neighboring Leviathan field, will further the ambitions of both Israel and Egypt in the Eastern Mediterranean.
