Production
News
April 18, 2023
“This additional supply is crucial to the UK’s energy security and reduces our reliance on imports as we transition to net zero," said OEUK’s market intelligence manager Ross Dornan.
News
April 18, 2023
Substantial modifications were made to the Haewene Brim floating production, storage and offloading vessel (FPSO), which is used to produce hydrocarbons at the Pierce field. A new subsea gas export line was also installed, connecting to the SEGAL pipeline system, which brings gas ashore at St Fergus, north of Aberdeen.
News
April 17, 2023
The Sakarya field will supply 10 MMcm per day in its first phase, rising to a peak of 40 MMcm by 2027-28 in the second stage, state-run producer Turkish Petroleum AO said.
News
April 17, 2023
Bauge consists of two oil producers in a subsea template, in addition to pipelines and an umbilical connecting the wells to the Njord A platform.
News
April 13, 2023
With a gross production capacity of up to 140,000 bopd, Argos is bp’s fifth platform in the Gulf of Mexico and the first new bp-operated production facility in the region since 2008.
News
April 13, 2023
The two countries have been negotiating development of the block in the Atlantic Ocean for about 15 years. A company owned by Israeli billionaire Dan Gertler previously held shares in the block.
News
April 10, 2023
Initial steps to resume full operations will involve filling the San Pedro Bay pipeline with production, a process which began over the past weekend and is expected to take approximately two weeks to complete.
News
April 10, 2023
The Hibiscus / Ruche Phase 1 drilling campaign targets four Hibiscus Gamba and two Ruche Gamba wells which are expected to add approximately 30,000 bpd of total oil production when all wells are completed in early 2024.
News
April 07, 2023
The FPSO Firenze will allow production start-up of the Baleine field, which is the largest hydrocarbon discovery in Côte d'Ivoire to date, with an estimated oil in place of 2.5 Bbbl and 3.3 trillion cubic feet of associated gas.
News
April 04, 2023
Karoon advises that Baúna production, including from the Patola field, was shut-in at 17:00 on March 28 in a safe and controlled manner, due to a loss of containment incident associated with the high pressure flare on the FPSO, Cidade de Itajaí.
News
April 04, 2023
During the FEED engineering, KBR will continue to help Equinor develop one of the lowest carbon emitting FPSO's in the world, using an onboard combined cycle power system and the latest technology to minimize the number of crew onboard and maximize digital solutions.
News
April 04, 2023
The FPSO’s design incorporates SBM Offshore’s Fast4Ward newbuild, multi-purpose hull. It will be the largest oil producing unit in Brazil with a processing capacity of 225,000 boe and 12 million m3 of gas per day.
Article
March 2023
A cross-sector collaboration between suppliers and project partners to design rigs at the concept stage for tie-back will be beneficial. This approach enables the industry to move from sequential development stages toward simultaneous drilling and platform construction to accelerate timelines.
News
March 30, 2023
The Guluc-2 well discovered 73 meters of gas pay across 14 separate intervals. Current flow test results and production is from only 6 meters of gas pay; 67 meters remains to be perforated in the future ensuring a long-term production horizon for the well.
News
March 29, 2023
The NSTA is determined to assist industry in its role of ensuring domestic energy security and has opened a consultation on new guidance which aims to streamline the buying and selling of assets.
News
March 28, 2023
The West Akcakoca well's two lower “D” sands with a combined total of 7 meters of natural gas pay were perforated on March 24, 2023. These two zones were flow tested at a rate of 5.9 MMcf/day. Shut-in pressure was 1620 psi.
Webcast
Achieve Sustainable Gas Exploration and Production to Advance Energy Security
May 17, 2023
Aspen Technology
Natural gas remains a readily available, low-carbon feedstock, providing a 20% reduction in CO2 emissions vs. traditional liquid hydrocarbons. However, it’s critical to optimize operations across your assets’ lifecycle to offset threats of sustainability and energy security.
Join World Oil and AspenTech experts as they discuss how innovative digital solutions support end-to-end gas exploration and production, enabling your teams to:
• Efficiently delineate and find economical natural gas producing opportunities
• Accelerate time to first gas
• Lower the environmental footprint of development
• Maximize asset utilization by optimizing production
Register now to join the conversation! Learn how you can leverage digital solutions to meet the increased demand for natural gas.
News
March 28, 2023
Offshore Energies UK’s Business Outlook report describes how nine out of 10 of North Sea operators are cutting back investment. The companies cite a mix of high taxes, political uncertainty and inflation as key factors in their decisions.
News
March 27, 2023
To date, the southern area of the field has been appraised and developed using extended reach drilling techniques, which has enabled the completion of 3 production wells from the existing Geisum field GD platform, with a further well currently being drilled from the platform.
News
March 24, 2023
“We will get market share,” Prates, Chief Executive Officer of Petrobras, said in an interview in Rio de Janeiro. “We may be the last to produce oil in the world.”
News
March 23, 2023
It’s the first time UK annual energy import costs have broken the £100 billion barrier. OEUK’s Business Outlook Report, published on March 28, will warn that UK consumers and businesses could face similar import bills in this and future years – especially if the windfall tax imposed on UK oil and gas operators remains unmodified.
