Onshore/Offshore Facilities
The decision keeps the effective tax rate on upstream projects at 78%, prompting new warnings that investments will continue to dwindle in the UK Continental Shelf.
Adura will become the UK North Sea’s largest independent producer by combining 12 key oil and gas assets, employing around 1,200 staff. It aims to produce more than 140,000 BOED in 2026.
This paper compares various drainage strategies and well completion configurations on the installation of inflow control technology by considering energy efficiency.
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Shell has tapped the contractor to conduct engineering, procurement, construction, and installation work on the large gas field offshore Trinidad and Tobago. -
Suncor Energy brought the Terra Nova FPSO back into production as part of an extensive field life extension project offshore Newfoundland and Labrador.
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The job will increase the Heerema vessel’s second main hoist capacity by 1200 mt.
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The Haewene Brim FPSO will need repairs to a pair of mooring connections before it can restart operations.
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With the startup of South Ghawar field complete, the Saudi national oil company can look toward the commercialization of its tight-gas giant, Jafurah.
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Several projects have been scrapped across the US as inflation causes project costs to soar, while projects in Costa Rica and Rotterdam move forward.
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The newbuild FPSO is destined for the giant Australian gas project in 2025.
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Glenfarne Energy Transition’s Texas LNG liquefaction plant will be built in the Port of Brownsville, Texas.
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A federal judge has upheld the Biden administration’s approval of the massive project on Alaska’s remote North Slope.
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The Biden administration’s goal of deploying 30 GW by 2030 was always ambitious; recent challenges make this more difficult to achieve. Addressing some of the industry headwinds is not only important for the 2030 goal, but it will also set the stage for the longer-term industry.
