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.
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.
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.
Field Development
Norway Approves Startup of Repsol's Yme Oilfield Redevelopment
Production is expected to begin during the second half of 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.
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.
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.
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.
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.
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.