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 Department of the Interior announced that the Bureau of Ocean Energy Management will publish a proposed rule to update regulations for clean energy development on the US Outer Continental Shelf.
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Projects in the running include one each from Nigeria, Saudi Arabia, and Guyana.
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Although 2022 did not match 2021’s record of over 19.5 GW of online capacity, 2022 witnessed the second highest amount of global online capacity with almost 8.5 GW. Final investment decisions (FIDs) were taken on over 11.5 GW of projects, making it the fourth highest year for FIDs.
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The $80-million preconstruction services agreement covers onshore facilities of massive, multibillion-dollar sour-gas development.
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The North Sea's largest producing field has shut in about a quarter of its total production capacity as repairs are made to faulty equipment.
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With growing trade of liquefied natural gas (LNG), an increased diversification of LNG supply sources may occur in the LNG tanks as different compositions of LNG are stored in the tanks. It is the primary concern in terms of assuring stability and safety in LNG storage.
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The French operator will tie satellite field back to existing FPSO, with first oil expected in around 2 years.
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Energy firm Vattenfall has conducted large-scale seabed surveys with uncrewed surface vessels. The company reports positive results, from both climate and safety aspects.
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Proposed energy projects needing US federal permits will come under increased scrutiny related to the scope and magnitude of potential emissions.
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Satellite imaging of methane emissions offers the fossil fuel industry the empirical data it needs to fix problems that companies might not even know they have before the EPA starts to levy fines in 2024.