Production
News
August 29, 2023
The company’s internal estimate is 38 MMboe of proven recoverable resources, predominantly oil, of which 19 MMboe developed and producing and 19 MMboe undeveloped, defined infill opportunities. BW Energy has identified a further 0.7 Tcf of recoverable gas accumulations for potential future development.
News
August 28, 2023
Baleine currently stands as the largest hydrocarbon discovery in the Ivorian sedimentary basin. The fast time-to-market was made possible through Eni's phased development approach characteristic of recent projects.
News
August 28, 2023
Timi is designed to produce up to 50,000 boed of gas at peak production and will evacuate its gas through a new 80 km pipeline to the F23 production hub.
News
August 25, 2023
With this project, Equinor and its partners expect to increase production by 26 MMboe from the area.
Article
August 2023
It is critical that chemical injection valves are reliable and have the flexibility to adapt to challenging downhole conditions. An innovative service provider is helping move the industry forward with the development and installation of the world's first API 19CI-qualified fall-through protection, non-return retrievable CIV.
News
August 23, 2023
The National Oceanic and Atmospheric Administration has increased its prediction for the 2023 Atlantic hurricane season from a near-normal level to an above-normal level of activity, partially due to record high sea surface temperatures. EIR’s report analyzes the potential for production shut-ins, loss of assets and oil-price upside under potential storm strength scenarios.
News
August 23, 2023
The field helps underpin Norway’s position as Europe’s largest gas supplier: On plateau, Dvalin is planned to produce enough energy to heat more than 2 million homes. The additional volumes come as Europe continues to search for predictable long-term supplies of natural gas.
News
August 22, 2023
Statfjord C will change its power solution to cut emissions. A new steam turbine will produce electricity based on surplus heat from two gas compressors. This will make energy consumption more efficient and cut 25% of total annual CO2 emissions on Statfjord C, equivalent to 50,000 cars.
News
August 21, 2023
The agreement’s proposed operating “recommendations” would impose significant burdens on operators and increase emissions from vessels forced to operate at suboptimal speeds or idle outside the restriction areas.
News
August 15, 2023
State-controlled PTT Exploration & Production Pcl plans to double gas production at Erawan, its biggest field, to 800 MMcfd in early 2024, said Chief Executive Officer Montri Rawanchaikul. Output at Bongkok, its second largest, will be raised by about 10% next year, he said.
News
August 10, 2023
The first contract has been awarded to Saipem by Eni Congo for the conversion of Scarabeo 5 semisubmersible drilling unit into a separation and boosting plant.
News
August 09, 2023
DNO ASA announced that a fast-track development concept has been agreed for its 2016 Brasse oil and gas discovery in license PL740 offshore Norway, paving the way for detailed design studies to link up with the Brage field.
News
August 01, 2023
The latest updates to the Versal platform are designed to offer even more convenience and scalability for exploration and production, data management and procurement team members through the introduction of Versal Pro and Premium tiers.
News
August 01, 2023
In a letter to President Biden, the energy trade groups urged the administration to finalize a program that includes the maximum number of lease sales and begin the pre-leasing work required to start holding sales in 2024.
News
July 31, 2023
The government said the first new permits in the current licensing round will be issued in the autumn, with over 100 expected in total. It also suggested a commitment to future licensing rounds — though that would hinge on Sunak’s party holding onto power in a general election expected in 2024.
News
July 31, 2023
Norway has the lowest carbon intensity of all LNG imports at 33 kgCO2/boe, and Peru the highest at 90, with the average coming to 79, while UK gas has a carbon intensity of only 21 kgCO2/boe.
News
July 28, 2023
The assets are “a key part of our portfolio,” along with the energy supplier’s stakes in Britain’s nuclear power stations, Chief Executive Officer Chris O’Shea told reporters Thursday. It’s a turnaround from 2019, when Centrica said it would exit oil and gas production for good — which it did in Norway, but not in Britain.
News
July 25, 2023
The sale concerns SUOS’ participating interest of 35% in the Masela PSC, which includes the Abadi gas project.
News
July 20, 2023
The DHIBM-5H well was drilled as a horizontal well from the BW MaBoMo production facility to a total depth of 4,245 meters into Gamba sandstone reservoir at the Hibiscus field. Following completion, the Borr Norve jack-up has commenced drilling operations on the fourth production well (DHIBM-6H).
News
July 18, 2023
The compressor is the second GLC unit installed on the FPSO to support production from the six Tortue wells. Once fully operational, it is expected to add approximately 3,000 bpd of production.
News
July 17, 2023
The initial three-year, multi-million dollar contract will see Petrofac’s Asset Solutions business providing integrated services for the Espoir Ivoirien Floating Production Storage and Offloading (FPSO) vessel.
