Field Development

Field Development , Technology

Proserv Secures ‘Significant’ Contract for Majnoon Oil Field in Iraq

Houston-based KBR facilitated the deal with Proserv aimed at boosting oil production capabilities at a key Iraqi asset.

July 28, 2021

Public Capital , Field Development , Deepwater

Shell Green-lights Giant Gulf of Mexico Deepwater Project

The deepwater development, named Whale, was discovered in the U.S. Gulf of Mexico’s Alaminos Canyon Block 773 by operator Shell and partner Chevron in 2017.

July 26, 2021

Field Development , Digital Oilfield

Visualization Platforms Create a New Look for Field Services Project Management

Interactive tool gives companies total visibility over their entire operation portfolio on a map, which can be zoomed in at any time for a specific project's site layout, tasks, budgets, expenses, files and historical activities.

July 23, 2021

Field Development , Liquefied Natural Gas (LNG)

Shell Pushes LNG Strategy Forward with Barracuda First Gas

Barracuda is Shell’s first greenfield project in Trinidad and Tobago and one of its largest in the country since its BG Group acquisition.

July 22, 2021

Field Development , Shale Plays , Construction , Pipelines

Construction Begins on Bakken Natural Gas Pipeline Project

The project is expected to reduce natural gas flaring in the Bakken region by allowing producers to move more gas to market, says MDU Resources President and CEO David L. Goodin.

July 20, 2021

Earnings , Unconventional , Field Development , Drilling , Completions

Halliburton Profit Jumps 33% as Oilfield Activity Rebounds

Halliburton Co. on July 20 reported a 33.5% jump in second-quarter profit from the previous three months, as a rebound in crude prices from pandemic lows buoyed demand for oilfield services.

July 20, 2021

Field Development

Greenland Ends Unsuccessful 50-Year Bid to Produce Oil

Greenland has ended its 50-year ambition to become an oil producing nation after announcing on July 16 it would suspend a strategy of searching for oil and would stop granting exploration licenses.

July 16, 2021

Field Development

Guyana Relaunches Search to Market Crude from Exxon’s Liza Project

An Exxon Mobil-led consortium has discovered more than 8 billion barrels of oil and gas off Guyana’s coast, transforming the poor country into the world’s newest energy hotspot.

July 13, 2021

Field Development , Digital Oilfield

Exploration: Leveraging Digitalization to Maximize Results in the Field

The ability to seamlessly access data regardless of where data reside empowers companies to identify previously missed zones of pay, accurately predict and plan for negative drilling events before they occur, correctly forecast pore pressure and generate multiple what-if scenarios to understand an activity’s impact on a reservoir.

July 13, 2021

Field Development

China’s CNOOC Dives into Uncharted Deep Waters in Bold Gas Pivot

Tapping major gas reserves within its waters supports CNOOC's plan to use natural gas as a bridge fuel.

July 9, 2021