Onshore/Offshore Facilities
The declaration builds on a memorandum of understanding the partners signed with Egypt in May to process Block 10 gas at the country’s LNG export and domestic gas facilities.
Alongside the new subsea awards, Equinor strengthened its position in the 400-million-bbl Bay du Nord development by acquiring BP’s interest in the project.
The events will be co-located 3–5 May 2027 at Reliant Park in Houston, Texas.
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The global industry is feeling the pain of the oil price plunge, but the UK feels it more acutely. Exploration drilling is at rock bottom levels, the offshore UK Continental Shelf is one of the world’s most expensive from which to produce a barrel of oil, and investment spending is expected to fall. -
Statoil is going to work to put its enormous Johan Sverdrup discovery into production, showing that even one of the most explored parts of the North Sea still has significant potential.
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In a down market, plugging and abandoning North Sea wells looks like an opportunity. The cost for operators is reduced because the government is paying more than half of the cost of the work, and many service companies hungry for work are offering discounts.
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While the collapse in oil price is reshaping opinions about the North American shale revolution and the outlook for oil producers, natural gas producers in the United States are in a somewhat different position
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Conventional wisdom implies that natural-gas demand will continue to grow, especially in locations where coal is being phased out, nuclear growth has slowed/reversed, and renewables remain a small and intermittent energy source for the foreseeable future.
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Active slug-control methods have been developed in recent years. One such system is a relatively inexpensive solution developed by Shell that has proved to be very effective in stabilizing slugging in flowlines and risers.
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As subsea electric lines age, they are prone to cracks that allow seawater in, reducing their effectiveness, and if the leaks are bad enough, they can shut down operations.
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A data-driven approach to successfully analyze and evaluate production-fluid impact during facility system divert events is presented. The work flow effectively identifies opportunities for prompt event mitigation and system optimization.
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Low prices will constrain maintenance and modifications in the coming year. However, maintenance can only be delayed so long, leading to a long-term outlook of growth in the market for maintenance, modifications, and operations.
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An underperforming scrubber that was suffering from too much oil carry-over is described along with options for debottlenecking and improving performance.
