Field Development
Field Development
Chevron-led Kazakh Venture Delays Expansion After COVID-19 Snags
Although this will incur additional expenditures, earlier savings are expected to keep the total project within the approved figure.
Field Development
BP Achieves Early First Gas Offshore Trinidad
With 15 offshore production platforms, bpTT is the country’s largest hydrocarbon producer, accounting for about 55% of the nation’s gas production.
Field Development
Norway 2021 Licensing Round Attracts Bids from 31 Oil Companies
The ministry's announcement follows Norway's parliamentary elections this week where climate change and the future of the country's oil industry were major topics of debate.
Field Development , Drilling
Halliburton Secures Offshore Israel Drilling Campaign
The work follows a successful four well offshore drilling campaign that Halliburton previously executed in the Karish and Karish North gas fields.
Field Development , Discoveries , Deepwater
Exxon Mobil Expands Offshore Guyana Resource with New Pinktail Oil Find
Exxon Mobil also announced the Liza Unity FPSO vessel to be utilized for the Liza Phase 2 development set sail from Singapore to Guyana in early September.
Field Development
‘Highly Profitable’ Troll Phase 3 Project Starts Up for Equinor
Troll phase 3 is "one of the most profitable projects throughout Equinor’s entire history" with record-low CO2 emissions, a senior company executive said.
Field Development , Deepwater
Beacon Offshore’s Status Projected to Rise Following Shenandoah Project FID
Once onstream, production from Shenandoah is expected to catapult Beacon Offshore Energy from its current position as the 20th-largest producer in the U.S. Gulf of Mexico to the 10th spot, says Wood Mackenzie analyst Mfon Usoro.
Unconventional , Field Development , Shale Plays
CNPC Plans New Shale Oil Field near Northeast China's Daqing
CNPC said it aims to produce 1 million tonnes of oil annually by 2025 from the Gulong shale oil formations at Daqing in northeast China's Heilongjiang province.
Field Development
Neptune Energy Commences Production on Norway's Duva Development
Duva is expected to flow for a decade, supporting extended use of the Gjoa platform.
Field Development
Papua New Guinea Resumes Talks with Exxon on Gas Field Agreement
In November 2019, talks tied to a $13 billion expansion of the country's LNG exports fell apart with the government saying Exxon was unwilling to negotiate on the country’s terms.