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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In its first 50 years, LNG has become the world’s fastest-growing gas supply source and is now part of an upheaval in the global energy market. Today, the sector stands at a crossroads, and the industry must adopt new thinking to address current and future needs of buyers, sellers, and consumers.
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The deal consists of stakes in nine shallow-water producing fields covering 108,000 gross acres in 10–50 m of water.
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The $30.5-billion project is expected to produce 18 mtpa of LNG once it starts up; commissioning is expected sometime in the mid-2020s. Canada’s investment includes $160 million to fund energy-efficient turbines, which the government says will minimize greenhouse gas emissions.
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The well count and completion intensity of US tight oil and gas operations have grown in recent years, and rising pressure from environmental regulations means that produced water management has become a key focus for operators.
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Hydroniq will deliver a hull-integrated seawater cooling system for a cable-laying vessel the Norwegian shipbuilder Vard is designing and building for Prysmian Group.
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A new regulation includes provisions related to the timely abandonment of "dormant sites," a new site classification that refers to inactive wellsites operated by solvent companies.
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SponsoredParaffins present in crude oil can gel or precipitate, which can cause pipeline and production system blockages. Dow’s ACCENT wax inhibitors are high-active, aqueous-based chemistry, that efficiently control paraffin deposition in pipelines.
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Bravo is the second of four platforms to be decommissioned and removed from the Brent field, following Brent Delta in 2017. The field has produced approximately 3 billion boe since 1976.
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The $20-billion FID is the largest ever for a sub-Saharan oil and gas project. The project’s location on the African east coast puts it in optimal position to sell LNG to the lucrative Asian market.
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The Japanese operator will submit a development plan to the Indonesian government within the next few weeks, with FID for the $20-billion project coming around 2022. Abadi LNG is projected to deliver 9.5 mtpa of LNG.