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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Strong storms can trigger steep, breaking waves that slam into platform and wind turbines with tremendous force. Scientists at the Norwegian University of Science and Technology and SINTEF are studying the behavior of offshore structures subjected to these kinds of waves. Their goal is to increase safety at sea.
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Damage reports and spill issues surface as operators work to bring production from the GOM back on line.
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Polish oil company will take an additional 2 mtpa for 20 years.
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Brazilian state oil company will charter two pipelay support vessels for 3 years plus options.
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Russia is pouring investment into liquefied natural gas projects as it seeks to leverage the world’s largest natural gas reserves together with the logistical advantages of delivering it at a competitive price to Asia and Europe along the now-navigable Northern Sea Route.
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The authors write of an efficiency-optimization effort in the planning and construction of a West African breakwater for LNG service that resulted in increased financial and environmental benefits.
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The complete paper discusses structural assessments for gravity-based structures, a topic that the authors write is underrepresented in the literature.
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Brent crude oil price finally had reached $75/bbl at the time of writing. So far, this oil price is the highest since before the COVID-19 pandemic, which is a good sign that demand is picking up. Oil and gas offshore projects also seem to be picking up; most offshore greenfield projects are dictated by economics and the price of oil.
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The paper focuses on a process developed to identify, evaluate, and eliminate interdependent bottlenecks on the Constitution platform and its flowline network.
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After more than 2 decades of talk, multiple millions of dollars in investments, and a decade’s worth of joint industry projects, operators are starting to get on board with electrification as the base case for subsea solutions.