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.
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.
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.
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.
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.
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.
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.
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.
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.
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.