Field Development

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.

August 23, 2021

Field Development , Discoveries

Emerging Oil Nations Reject Climate Curbs on Exploration, Pursue Rapid Development

Brazil, Ghana, Guyana and Suriname laid out plans to rapidly tap new discoveries.

August 20, 2021

Field Development , Health, Safety & Environment , Emissions , Energy Transition

BHP Urged to Run Down Not Sell Its Fossil Fuel Assets

Shareholder activist group says sale risks net zero emissions commitments.

August 12, 2021

Field Development

Norway Approves Startup of Repsol's Yme Oilfield Redevelopment

Production is expected to begin during the second half of 2021.

August 11, 2021

Field Development , Subsea

Lundin Energy Sees First Oil from Rolvsnes Field

Lundin Energy AB has seen first oil from the Extended Well Test (EWT) at the operated Rolvsnes field, the first subsea tie back development for the Edvard Grieg platform, the company said on Aug. 10.

August 10, 2021

Field Development

BHP Approves Funding for Shenzi North, Trion Oil Projects in Gulf of Mexico

The project will add two wells and underwater equipment to establish a new drill with the capacity to produce up to about 30,000 barrels of oil equivalent per day, BHP said.

August 6, 2021

Field Development , Deepwater , Midstream

Williams to Provide Services for Shell, Chevron Deepwater Project

Shell recently unveiled plans to develop the new deepwater project, Whale, first discovered in 2017 in the Gulf of Mexico’s Alaminos Canyon Block 773.

August 5, 2021

Field Development

Eyeing Energy Transition, Ghana Plans to Speed Up Oil Exploration

State-owned Ghana National Petroleum Corp. (GNPC) is looking to acquire oil assets in order to accelerate exploration before a transition from fossil fuels reshapes the market, Finance Minister Ken Ofori-Atta said on July 29.

July 30, 2021

Field Development , Technology

Proserv Secures ‘Significant’ Contract for Majnoon Oil Field in Iraq

Houston-based KBR facilitated the deal with Proserv aimed at boosting oil production capabilities at a key Iraqi asset.

July 28, 2021

Public Capital , Field Development , Deepwater

Shell Green-lights Giant Gulf of Mexico Deepwater Project

The deepwater development, named Whale, was discovered in the U.S. Gulf of Mexico’s Alaminos Canyon Block 773 by operator Shell and partner Chevron in 2017.

July 26, 2021