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.
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.
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.
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.
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.
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.
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.
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.
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.
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.