Field Development

Field Development , Subsea

Chevron Awards Subsea 7 Installation Services Contract For GoM Field

The contract is for subsea installation services at the St. Malo Field in the Walker Ridge area of the U.S. Gulf of Mexico.

December 20, 2019

Field Development , International

Leviathan Gas Field To Start Up After Israel Court Lifts Injunction

Rescinding a Dec. 17 injunction, the Jerusalem District Court said appellants had not provided sufficient evidence that Leviathan’s emissions, in its start-up phase, could prove dangerous.

December 19, 2019

Field Development , International

Energy Firms Try To End Court Order Delaying Leviathan Gas Output

On Dec. 17, the Jerusalem District Court, in a surprise decision, issued a temporary order that barred any gas emissions from Leviathan, effectively putting the project, which was due to come on line this month, on hold.

December 18, 2019

Field Development , Crude Oil , Drilling

Can The US Be A Swing Producer? ‘Logistical Challenges Are Immense’

Research shows that the U.S. fails to meet the criteria of a swing producer unless improbable changes to production take place.

December 17, 2019

Field Development

Norway’s Aker BP Starts Production At Valhall Flank West

The 5.5 billion crowns (US$600.38 million) development aims to produce about 60 million barrels of oil equivalent at a break-even price of $28.50 per barrel, Aker BP said.

December 17, 2019

Field Development , Crude Oil

Guyana Seeks Buyers For Government’s Share Of First Oil Output

The government will later seek proposals from companies interested in a longer-term contract to market Guyanese crude, the statement said.

December 16, 2019

Field Development , Crude Oil , Midstream

Equinor To Export Oil From Castberg Field Direct To Market

The field is expected to start production in 2022.

December 13, 2019

Field Development , Subsea

Chevron, Total Sanction High-Pressure, Deepwater GoM Field

Sanctioning of the closely watched development in the U.S. Gulf of Mexico marks a milestone for the industry with use of 20,000 psi technologies.

December 12, 2019

Field Development , Tankers

Exxon, Hess To Export First Oil From Guyana In Early 2020

Liza will be the first Guyanese crude grade produced and offered to the oil market.

December 11, 2019

Field Development , International

Israel Tells Energy Companies To Hold Off On Cyprus Gas Project

The director general of Israel’s Energy Ministry sent a letter to officials at the three companies, saying development must not commence until agreement is reached between the governments of Israel and Cyprus.

December 10, 2019