Production
News
October 30, 2023
The halt in the gas imports appears linked a decision earlier this month by Israeli authorities to shut down the offshore Tamar gas field amid concerns it could be impacted by the fighting between its military and Hamas in the Gaza Strip.
News
October 30, 2023
There are currently 284 offshore fields in production in the UK North Sea and an estimated 5.25 Boe in total projected production to 2050.
News
October 26, 2023
The project's underwater system has reduced the average well interconnection time by 15%, by incorporating a new solution for installing rigid pipelines, which has contributed directly to the record ramp-up time.
News
October 26, 2023
The field is expected to achieve a peak oil production of approximately 9,300 bpd in 2024.
News
October 26, 2023
With KEG in production, CO2 emissions per bbl will be significantly reduced and oil production from the Alvheim FPSO substantially increased.
News
October 20, 2023
Tied back to the Grane platform, the subsea field holds almost 200 MMbbl of recoverable oil.
News
October 19, 2023
The completed Whale FPU, which comprises a topside module and a four-column semisubmersible floating hull (of over 22,000 tonnes), delivered on-time and within budget.
News
October 16, 2023
As shale growth slows, deepwater drilling is enjoying a renaissance, with more than $500 billion in global offshore investments expected through 2025.
News
October 13, 2023
The FPSO will be designed to produce 250,000 boed, will have associated gas treatment capacity of 540 MMcfd and water injection capacity of 300,000 bpd. The FPSO will be spread moored in water depth of about 1,630 m and will be able to store around 2 MMbbl of crude oil.
News
October 12, 2023
In its Emissions Report 2023, OEUK estimates that emissions from production in the UK fell to the equivalent of 14.28 million tonnes of CO2 in 2022. This compares with the 2018 figure of 18.9 million tonnes.
News
October 11, 2023
The shift in emphasis from wildcat exploration to the rejuvenation of existing fields could serve Tullow well as the world’s biggest oil companies transition to cleaner energy, according to CEO Rahul Dhir.
News
October 10, 2023
Israel’s gas shipments to Egypt fell by 20% as safety concerns prompted the shutdown of a key offshore field, threatening onward deliveries to Europe. Israel ordered the shutdown of the Tamar gas field run by Chevron Corp., citing safety concerns as fighting between its military forces and Hamas escalates.
News
October 09, 2023
Israel ordered the shutdown of a major gas field run by Chevron Corp., citing safety concerns following three days of violence in the region.
News
October 06, 2023
The study, conducted by EIAP, finds that recently proposed restrictions on oil and natural gas vessels operating in the Gulf of Mexico would have a major impact on jobs, industry investment, government revenue and oil and natural gas production in the region, to a nearly one-quarter decline – which is more than 500,000 boed – in energy production in the Gulf of Mexico by 2040, even as demand continues to rise.
News
October 04, 2023
Semco Maritime will be responsible for executing topside modifications on Halfdan CA, the hook-up of the gas lift module, upgrading the design pressure of the liquid export pipeline, supporting topside modifications on Halfdan BB, and contributing to pipeline cleaning and testing.
News
October 02, 2023
The new business, which will adopt the OneSubsea name, will drive innovation and efficiency in subsea production by helping customers unlock reserves and reduce cycle time.
News
September 29, 2023
Baker Hughes announced two awards from Vår Energi that expand its regional presence in the North Sea for exploration logging, well intervention technology and subsea production systems.
News
September 28, 2023
The contract covers the manufacturing and installation of subsea production systems, flexible and rigid pipe, and umbilicals, as well as connection to the host facility. The project will use pre-qualified equipment, which will accelerate the delivery schedule.
News
September 28, 2023
The project will include the best available technologies to minimize greenhouse gas emissions, and the facilities will be designed for zero flaring, with the associated gas entirely reinjected into the reservoirs.
News
September 27, 2023
The fundamental reason for this decline is the lack of investment in new fields caused by the UK government’s new windfall taxes, which are now so high there is no cash left for new oil and natural gas production.
News
September 27, 2023
The Rosebank oil field is located around 130 km north-west of Shetland in approximately 1,100 m of water depth. Total recoverable resources are estimated at around 300 MMboe, with Phase 1 targeting estimated 245 MMboe.
