Field Development

Field Development , Subsea

Equinor Awards $531 Million in Service Agreements to ABB, Siemens Energy

The agreements are awarded on behalf of Equinor-operated licenses on the NCS and onshore plants in Norway, and on behalf of Gassco as the operator for the Kollsnes and Kårstø gas processing plants.

April 7, 2021

Field Development , Drilling

Tullow Oil Commences Multiwell Drilling Campaign Offshore Ghana

Tullow Oil Plc has begun a multiyear, multiwell drilling campaign offshore Ghana on April 6 with the commencement of drilling of the first well at the Jubilee Field yesterday. 

April 6, 2021

Field Development

Malaysia, Brunei Agree to Jointly Develop Two Offshore Oil Fields

The Gumusut-Kakap and Geronggong-Jagus East fields straddle the two countries’ maritime boundary.

April 5, 2021

Field Development

Brazil Seeks Company to Market Oil from Massive Tupi Field

The Petrobras-operated Tupi produced 920,000 bbl/d of crude in January, according to Brazil’s oil regulator, though only a small portion goes to Pre-Salt Petroleum.

April 1, 2021

Company Profiles , Reservoir Evaluation , Field Development , Seismic

E&P Plus Company Spotlight: Seismic Technology Startup Experiences Rapid Growth

STRYDE CEO Mike Popham shares details about the company’s progress since being spun out of bp as well as its new nodal technology, 2021 plans and emerging trends.

March 30, 2021

Field Development

Australia’s Santos Gives Go-ahead for $3.6 Billion Barossa Gas Project

Santos said the approval would also kickstart a $600 million investment to extend the life of the Darwin LNG plant by 20 years.

March 30, 2021

Field Development , Subsea

Neptune Sees Savings with Vessel Installation of Subsea Trees

The subsea trees were installed using the Solstad Offshore-operated Far Samson vessel.

March 22, 2021

Field Development

Lundin Energy Sees Sverdrup Production Capacity Growing Further

Sweden's Lundin Energy, a partner in Norway's giant Johan Sverdrup oil field, said on March 18 it expected the field's production capacity and its reserve estimates to grow in the future.

March 19, 2021

Private Equity , Unconventional , Field Development , Shale Plays , Drilling , Pressure Pumping

Oil Price Rally Tests Drilling Discipline in US Shale Industry

The world’s most powerful oilman is betting big against America’s shale industry.

March 18, 2021

Field Development , Subsea

Aker Solutions, Heerema to Decommission Equinor’s Heimdal and Veslefrikk fields

The three contracts have been awarded on behalf of Gassco as operator of the Heimdal riser platform and on behalf of the partners of the Heimdal and Veslefrikk licences.

March 18, 2021