Field Development
Field Development
Shell, Consortium Exit Two Kazakh Offshore Projects
Shell had invested about $900 million in Khazar, a unit of Kazakh state energy firm KazMunayGaz said in a statement.
Field Development , Tankers
Equinor To Ship First Sverdrup Oil Cargo To China
The buyer is China International United Petroleum & Chemicals Co. Ltd. (UNIPEC), a part of the SINOPEC Group.
Field Development
Woodside Aims To Hit Go On $11 Billion Scarborough Gas Project In Early 2020
The company also said it is now targeting a final investment decision on the $20.5 billion Browse project in first-half 2021.
Earnings , Company Profiles , Exploration & Production , Unconventional , Field Development , Shale Plays
Permian Operators Delivering Strong Production
Permian production continues its market domination.
Field Development , Pipelines
Analyst: Permian Basin Venting, Flaring Stabilizes
New pipelines coming online are expected to ease Permian Basin gas takeaway capacity woes.
Field Development
Senex Energy Starts Gas Production At Project Atlas In Australia
Senex anticipates Surat Basin gas production will reach 18 petajoules per annum by the end of fiscal year 2021.
Investment , Field Development , Liquefied Natural Gas (LNG)
Exxon Mobil To Make $500 Million Initial Investment In Mozambique LNG Project
Exxon Mobil plans to invest more than $500 million in the initial construction phase of its Rovuma LNG project in Mozambique with an FID for the $30 billion project expected by 2020.
Field Development
Positive Hereford Results Drive Growth In D-J Basin For HighPoint Resources
The company said Oct. 7 results from Hereford wells with a 75% current daily production increase over previously completed wells and NE Wattenberg wells with high-fluid intensity completions tracking above 1 million barrels of oil equivalent type-curve.
Field Development
Norway Raises Martin Linge Project Cost Estimate By $865 Million
The Martin Linge Field is expected to cost 56.1 billion crowns ($6.1 billion), up from an estimate of 47.1 billion ($5.2 billion) a year ago, budget documents released on Oct. 7 showed.
Field Development
Johan Sverdrup Is On Stream In North Sea
Equinor and the Johan Sverdrup partnership consisting of Lundin Norway, Petoro, Aker BP and Total, said Oct. 5 production has started from the giant field in the North Sea.