Field Development

Field Development , International

Aker Energy Postpones Ghana Oilfield Plan amid Lukoil’s Involvement

The partners will not submit a development plan for its Pecan oil field to Ghanaian authorities “until the challenges have been resolved,” Aker ASA CEO Oeyvind Eriksen told a call with analysts.

August 17, 2022

Field Development

Australia's Santos Surprises with Backing for Alaska Oil Project

Santos shares fell 2.4% upon announcing the company's backing of the Pikka Alaskan oil project valued at $2.6 billion.

August 17, 2022

Field Development , Discoveries

Analyst: Chinese Liquids Production to Decline Within a Decade

Much of Chinese production comes from mature fields, where infill drilling is the name of the game to keep output flat.

August 16, 2022

Field Development

Petrobras Selects Keppel for P-80 Vessel EPC Valued at $2.9 Billion

Brazil’s Petrobras has selected Keppel Shipyard Limited for the construction of the P-80 FPSO to be installed in the Buzios field in the Santos Basin pre-salt area.

August 15, 2022

Business , Field Development

Saipem Wins Three EPC Contracts in Angola Worth $900 Million

Saipem's recently awarded engineering, procurement and construction contracts will lead to Angola's first non-associated gas field project.

August 11, 2022

Field Development

International E&P Highlights: Papua New Guinea

Though recent operational growth in Papua New Guinea has slowed, potential remains for further project development from PNG operators Exxon Mobil and TotalEnergies.

August 8, 2022

Field Development

Equinor's UK Rosebank Investment to Reach $5.2 Billion

Equinor plans to electrify its Rosebank oil and gas field project, an uncommon approach to offshore projects in the British North Sea.

August 5, 2022

Field Development , Technology

Petrobras Eyes Addition of 14 FPSOs by 2026

Petrobras looks to drastically boost production from Brazil’s presalt and post-salt offshore formation in the next four years with the addition of 14 new FPSO units.

August 4, 2022

Field Development , Technology

Aker Solutions Wins Contract to Build Shell’s Jackdaw Platform

Aker Solutions said it would book an order intake of between 2 billion and 3 billion Norwegian crowns (US$206 million-US$309 million) for the Jackdaw contract in the third quarter.

August 2, 2022

Field Development

Wintershall Dea Starts Production at Nova Field Off Norway

The Nova oil and gas field offshore Norway holds approximately 90 MMboe in recoverable reserves.

August 1, 2022