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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Ashtead Technology has acquired Louisiana-based subsea equipment rental and cutting services specialist, Aqua-Tech Solutions, as part of the company’s international growth plans in the US.
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High-fidelity 3D engineering simulations are valuable in making decisions, but they can be cost-prohibitive and require significant amounts of time to execute. The integration of deep-learning neural networks with computational fluid dynamics may help accelerate the simulation process.
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ExxonMobil signed a sales and purchase agreement with Zhejiang Provincial Energy Group for LNG supply. Zhejiang Energy is expected to receive 1 mtpa over 20 years.
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Decommissioning and abandonment comes with its share of unexpected surprises, but many of those surprises could be avoided merely through better planning and care.
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Cutting-edge computing and subsea wireless camera technology deployed on a pipeline construction project enhanced diver safety and generated significant cost savings by avoiding the need for additional subsea vessels.
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The pipeline system will have the initial capacity to deliver 150,000 B/D of crude oil to multiple delivery points, accessing local refineries and connecting to several downstream pipelines.
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The move comes weeks after Gazprom announced a final development concept for the project. Other projects Shell is developing with Gazprom, including the Sakhalin 2 export facility, will not be impacted by the decision.
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The gas agreement clears the way for the FEED phase; FID expected in 2020.
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The independent oil and gas company is aiming to build shareholder value through a change in business focus to midstream with this step into pipeline service and construction.