Production
News
August 19, 2024
This digital twin can increase production by roughly 1%. After two years of tests, the technology developed by the Brazilian company ESSS, based in Florianópolis (Santa Catarina), was validated and is ready for use.
News
August 19, 2024
Argo Cassiopea plays a central role in Eni's strategy to increase the use of domestic natural gas for energy security and as a low-emission source. Argo Cassiopea's reserves are estimated at around 10 Bcmg, with peak annual production expected to 1.5 Bcmg.
News
August 12, 2024
Anchor production marks the successful delivery of high-pressure technology that is rated to safely operate at up to 20,000 psi, with reservoir depths reaching 34,000 ft below sea level.
News
August 02, 2024
As part of the second development of the Atapu and Sepia offshore fields, SLB OneSubsea will provide the Petrobras-standard configured, pre-salt vertical trees, subsea distribution units, subsea control systems and pipeline systems, along with related installation, commissioning and life-of-field services.
News
August 01, 2024
the digital solutions implemented onsite at SARB allow the field to be operated remotely from Zirku island, 20 km away. Remote monitoring, smart well operations and production management technologies are integrated at the remote control center for optimized real-time decision-making.
News
Hess increases oil and gas production on Guyana, Bakken success amid Chevron, ExxonMobil arbitration
July 31, 2024
Net production was 494,000 boepd in the second quarter of 2024, compared with 387,000 boepd in the second quarter of 2023, primarily due to higher production in Guyana and the Bakken. In the third quarter of 2024, E&P net production is expected to be in the range of 460,000 boepd to 470,000 boepd, primarily reflecting planned downtime in Guyana and Southeast Asia.
News
July 30, 2024
Petrobras ended Q2 2024 with an average production of 2.7 MMboed, an increase of 2.4% compared to the same period of the previous year. The increase was driven by the increase in production ( ramp-up ) of the FPSOs Almirante Barroso, P-71, Anna Nery, Anita Garibaldi and Sepetiba, in addition to the entry into production of 12 new wells from complementary projects, eight in the Campos basin and four in the Santos basin.
News
July 30, 2024
Kaskida will be bp’s sixth hub in the Gulf of Mexico, featuring a new floating production platform with the capacity to produce 80,000 bopd from six wells in the first phase. Production is expected to start in 2029.
News
July 29, 2024
TotalEnergies has announced its withdrawal from offshore Blocks 11B/12B and 5/6/7 off the southern coast of South Africa. This decision follows the exit of partner CNRI from Block 11B/12B, where TotalEnergies EP South Africa holds a 45% interest.
News
July 24, 2024
Boasting 18 discoveries in Block 15 alone, ExxonMobil is intensifying its exploration and production activities in the country, aligning with national objectives to maintain production above 1.1 MMbpd through 2027.
News
July 23, 2024
GEPetrol’s transformation into a competitive operator follows a trend of similar NOC restructuring in Africa, all of which have enhanced the competitiveness and capacity of the respective NOCs. These include Angola’s Sonangol, the Nigerian National Petroleum Corporation, Algeria’s Sonatrach, and more.
News
July 22, 2024
NFE’s proprietary Fast LNG design is the first of its kind, pairing the latest advancements in modular liquefaction technology with jack up rigs or similar offshore infrastructure to enable a faster deployment schedule than traditional liquefaction facilities.
News
July 21, 2024
Petroleum production in the waters between the UK and Norway peaked some 20 years ago. Yet the offshore industry still supports more than 200,000 jobs and adds billions of pounds to the nation’s GDP, giving it serious economic weight even in its twilight years.
News
July 15, 2024
Designed and built in Perth, Western Australia, the 44-tonne full-scale prototype combines traditional subsea tree technology with several new elements that allow it to swivel, providing 360-degree mooring capability for offtake vessels.
News
July 14, 2024
On Shell’s Capital Market Day in 2023, Shell committed to deliver upstream and integrated gas projects coming on stream between 2023 to 2025, with a total peak production of greater than 500,000 boed. Jerun is expected to contribute to this commitment.
News
July 14, 2024
CNOOC Limited announced that the D1 well in the Bozhong 19-6 gas-condensate field, the first ultra-deepwater well in Bohai Bay, has achieved a high yield. The D1 well drilled to a depth of 6,088 m, and is producing approximately 6,300 boed.
News
July 11, 2024
Equinor and its partners Petoro, Vår Energi, and TotalEnergies EP Norge started production from the first Lavrans well in the Kristin South area offshore Norway on July 7, 2024.
News
July 10, 2024
The upcoming period of rapid growth is bolstered by deepwater projects, recent successful discoveries in Indonesia and Malaysia, and positive carbon capture and storage (CCS) advancements, which will be crucial in meeting the region’s sanctioning agenda in the years ahead.
News
July 10, 2024
Capable of producing up to 550 MMcfgd, this project is poised to address the increasing global energy demand at a time when executives are betting on natural gas.
News
July 10, 2024
RMSpumptools is a leader in electrical penetrator and connector systems, mechanical completion systems and intervention tools, subsea connector systems, and ESP monitoring systems for challenging electrical submersible pumping (“ESP”) applications. RMSpumptools designs, manufactures, and delivers its solutions from locations in the United Kingdom, Saudi Arabia, and the United Arab Emirates.
News
July 09, 2024
Manatee is slated to start production in 2027. Once online, Manatee is expected to reach peak production of approximately 104,000 boed.