Field Development
Field Development
Azerbaijan Expects to Start Oil, Gas Production at Karabakh Field by Year-end 2022
The Azeri state energy company SOCAR has been developing the Karabakh Field in a joint venture with Norway’s Equinor since May 2018.
Public Capital , Earnings , Unconventional , Field Development , Shale Plays
Exxon Mobil, Chevron Adjust in Permian Basin amid Market Volatility
The supermajors are focused on specific developments and improving efficiency in the Permian Basin as market conditions recover.
Earnings , Reservoir Evaluation , Field Development
Hess Reports Discovery of High-quality Reservoirs Offshore Guyana
The Yellowtail wells and upcoming Redtail well will form the basis of another FPSO development, executives say.
Field Development
CNOOC Commences Production at Luda Development in Bohai Sea
CNOOC Ltd. has commenced production at Luda 21-2/16-3 regional development project, the company said on July 20.
Public Capital , Investment , Field Development , Liquefied Natural Gas (LNG)
Total Lands $14.9 Billion Debt Financing for Mozambique LNG Project
Total's massive LNG project in Mozambique includes the development of the Golfinho and Atum natural gas fields in the Offshore Area 1 concession, and the construction of a two-train liquefaction plant.
Field Development
Aker BP, Partners Put Cost of Norway’s NOAKA Oil, Gas Project at Over $5 Billion
The NOAKA area, located between the Oseberg and Alvheim fields in the North Sea, is estimated to hold more than 500 MMboe.
Field Development , Methane , Technology , Storage
E&P Production: Promise of Tankless Operations
Data from a tankless operations pilot project show improvements in cost efficiencies, environmental compliance and more.
Field Development , Subsea
Equinor Awards Framework Contract for Statfjord North Sea Field
According to the agreement the parties will collaborate in new ways while carrying out the work on Statfjord safely and efficiently.
Field Development , Digital Oilfield , Logistics
Oil Major ConocoPhillips Deploys Low-Code Tech to Boost Bottom Line
ConocoPhillips has deployed a low-code platform called Mendix to cut costs and increase efficiency, making it the first major oil and gas producer to use such technology across the company, Mendix said in a statement on June 30.
Field Development
LLOG Sanctions Taggart Development in Deepwater GoM
Initial development plans at Taggart include the completion and tieback of two wells. First production is anticipated in 2022.