Onshore/Offshore Facilities
With a strong presence across US shale in the Bakken, Anadarko Basin, Powder River Basin, and the Permian, Continental Resources is expanding into Argentina’s Vaca Muerta shale as the privately held E&P giant pursues international growth.
ExxonMobil and its Area 4 partners have awarded $1.1 billion in pre-investment contracts for long-lead upstream equipment supporting Mozambique's Rovuma LNG project. The awards, led by OneSubsea, mark a key step toward FID as development advances on ExxonMobil's largest global investment.
SPE Offshore Europe 2027 has unveiled its conference theme, “(Em)Powering Europe: Securing Our Energy Future,” and opened the call for technical paper proposals for the Aberdeen event.
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The company’s new approach is designed to cut the time required to generate optimal subsea field layouts.
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The company has proposed the Probabilistic Digital Twin to close the gap between digital twins—used increasingly by operators to manage the performance of their assets—and risk analysis still largely conducted manually before assets enter service.
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After seeing a significant increase in the price level for subsea equipment, Equinor says it is realizing the ways in which standardized subsea templates help build financial competitiveness. The new standard allowed for the installation of 14 templates in one month.
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With a production capacity of nearly 20 mtpa, Wood Mackenzie says the project would be the largest single project to reach FID. Novatek plans to spend more than $21 billion to launch the project at full capacity. Startup is scheduled for 2023.
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Recent exploration success in the North Sea has motivated Total to invest some $10 billion in the basin over the next 5 years.
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Operator Cheniere now has seven completed liquefaction trains under its control, with two trains done at Corpus Christi and five at Sabine Pass. First commercial delivery from Corpus Christi is still on track for May 2020.
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What is the definition of offshore-facilities project success in the context of Industry 4.0? Generally, cost, time, and scope are the common project-success indicators. However, I believe we can expand these indicators to the social and environmental areas.
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The complete paper presents and discusses the authors’ technology-development program regarding very-long oil-tieback architectures (50–100 km) and enabling technologies.
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As part of an effort to evaluate existing riser systems, an operator launched an inspection and testing program to investigate risers retrieved following well abandonment after a service life of nearly 10 years in the Gulf of Mexico.
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The Hebron platform was successfully installed on the Grand Banks offshore Newfoundland and Labrador in June 2017. It consists of a single-shaft concrete gravity-based structure (GBS) supporting an integrated drilling and production topsides.