More Top Stories in Exporation & Production

Offshore Rig Market Entering Multi-Year Supercycle

Tightness in supply, staffing constraints and high oil prices all contribute to Esgian’s projected 13% growth in offshore rig demand for 2023.

December 7, 2022

PGS, TGS JV To Conduct 3D Survey Offshore Brazil

PGS, in collaboration with TGS, has secured pre-funding for the Santos Sul project in the southwest Santos Basin.

December 7, 2022

CNOOC, Enping Oilfield Joint Development Project Production Begins

The development of the Enping 15-1/10-2/15-2/20-4 oilfields is China’s first offshore carbon capture and storage demonstration project.
 

December 7, 2022

Norway to Make First Offshore Wind Tender Awards by Autumn 2023

Norway plans on commissioning up to 30 gigawatts of offshore wind capacity by 2040.

December 6, 2022

Equinor, PGNiG to Submit PDO Plan for Verdande Field

The Verdande field, comprised of the Cape Vulture and Alve Northeast discoveries, contains a total of 36.3 MMboe.

December 6, 2022

E&P Highlights: Dec. 5, 2022

Here’s a roundup of the latest E&P headlines including field upgrade plans being approved and a development milestone for a Senegalese field from the past week in the upstream oil and gas industry.

December 5, 2022

ADNOC, Petronas Sign Abu Dhabi Unconventional Oil Resources Deal

"ADNOC will continue to responsibly unlock value from Abu Dhabi’s vast hydrocarbon resources in a reliable and sustainable manner," ADNOC's Sultan Ahmed al-Jaber said at the deal signing.

December 5, 2022

New ChampionX Cage Design Lowers Pressure Drop to Reduce Rod Lift Wear

ChampionX’s re-engineered cage design minimizes energy loss when opening and closing its reciprocating rod pump cage.

December 5, 2022

Petrobras Sets Out $78 Billion in Capex for 4-year Period

Petrobras' biggest budget share for 2023-2027 will go toward pre-salt efforts, which are expected to deliver 78% of the company’s production by the end of 2027.

December 2, 2022

XRI Begins Construction of Permian Water Pipeline System

The Evolution Pipeline will total 230 miles of pipe in its water recycling system in the Midland Basin, XRI says.

December 2, 2022