Field Development

Field Development , Subsea

What's the Next Leap for Subsea Production Control Systems?

Many high-potential locations remain locked off due to the technical complexity of their production. However, with fresh advances in technology, many OEMs and EPCs alike are eyeing this next step to ensure they can stick the landing.

June 11, 2021

Field Development

Turkey Turns to US Firms amid Plans for Black Sea Gas Extraction

If the gas can be commercially extracted, the discovery could transform Turkey’s dependence on Russia, Iran and Azerbaijan for energy.

June 11, 2021

Field Development

Woodside Sees Some Cost Pressures Facing $11 Billion Scarborough Gas Project

The development offshore Western Australia will feed an expansion of Woodside’s Pluto LNG plant.

June 8, 2021

Field Development , Discoveries

Talos Energy Makes Discovery in US GoM

Talos Energy Inc. has successfully discovered pay in its Tornado 3 sidetrack well (Tornado Attic) located in the U.S. Gulf of Mexico, the company said on June 3. Talos holds a 65.0% working interest in the Tornado field and is the operator with Kosmos Energy also holding a 35% working interest.

June 4, 2021

Field Development , Subsea

TechnipFMC Wins First iEPCI in Brazil for the Karoon Patola Field

TechnipFMC has been awarded its first integrated EPCI (iEPCI) contract in Brazil by Karoon Energy for the Patola field development, the company said on June 2.

June 3, 2021

Field Development

Karoon Energy Finalizes Investment Decision on Patola Project in Brazil

The project is expected to cost between $175 million and $195 million to develop, which Karoon said it expects to fund through a syndicated facility agreement and cash.

June 3, 2021

Field Development , Health, Safety & Environment

Regulator: Equinor’s Castberg Oil Field Delayed Until End of 2023

The Petroleum Safety Authority said in a statement it had identified “serious breaches” of regulations in the construction of the hull for the oil field’s FPSO vessel.

June 1, 2021

Investment , Field Development

Equinor and Exxon to Develop $8 Billion Brazilian Oil Field

Equinor, Exxon Mobil Corp. and Petrogal Brasil said on June 1 they would proceed with an $8 billion development of Brazil's Bacalhau oil discovery located in the presalt Santos area.

June 1, 2021

Field Development , Enhanced Oil Recovery , Subsea

TechnipFMC Wins Subsea Contract for Ithaca Energy’s Captain EOR Project

TechnipFMC will design, manufacture, deliver and install subsea equipment including a rigid riser caisson, water injection flexible flowline, umbilicals and associated equipment.

May 18, 2021

Investment , Field Development , Acquisitions & Divestitures , Midstream

Woodside Petroleum to Exit Chevron-operated Kitimat LNG Project

The exit of the Kitimat LNG development project would comprise the sale or wind-up of agreements and assets on the Pacific Trail Pipeline route and at the site for the proposed facility, Woodside Petroleum said.

May 18, 2021