The main production facilities include a new deepwater jacket platform Haiji-2 and a cylindrical FPSO Haikui-1. A total of 32 development wells are to be commissioned. The project is expected to achieve a peak production of approximately 17,900 bopd in 2026. The oil property is heavy crude. SourceContinue Reading

SLB and Aramco have signed an agreement with the aim of co-developing, commercializing, and utilizing digital solutions to help mitigate greenhouse gas (GHG) emissions in industrial sectors. These solutions would be integrated within SLB’s digital sustainability platform, building on the collaboration announced in 2022. SourceContinue Reading

Lance is among several CEOs looking to utilize North America’s gas reserves, of which the head of ConocoPhillips says is “substantial.” Lance went as far as to predict “a century” of available resources. SourceContinue Reading

In the first half of 2024 alone, Kent secured $1.2 billion in new contract awards. The new investments in Houston are designed to further enhance Kent’s ability to serve its clients across North America, particularly in the areas of engineering, project delivery and digital transformation. SourceContinue Reading

This strategic initiative combines Oil States’ MPD Integrated Riser Joint (IRJ) system with Seadrill’s high-spec fleet of floating drilling vessels to enhance safety and efficiency while simplifying and standardizing MPD systems operating in the offshore drilling market. SourceContinue Reading

LOGIX assists with autonomous drilling, streamlines well delivery, can shorten production timelines, and reduces rig time through intelligent automation. SourceContinue Reading

The well will be drilled as a deviated hole with a total measured depth of approximately 7,500 m and is expected to take 50 – 60 days to drill and evaluate. The well lies within tie-back distance to both the Who Dat G subsea manifold (6 km) and the Who Dat FPS. SourceContinue Reading

Saipem’s scope of work involves the engineering, procurement, construction and installation of wellhead platforms’ topsides, wellhead platforms’ jackets, tie-in platform jacket and topside, rigid flowlines, submarine composite cables and fiber optic cables. SourceContinue Reading

Johan Castberg is a large oil field with estimated recoverable volumes of between 450 and 650 MMbbl. The field will produce for 30 years, and at its peak, Johan Castberg may produce 220,000 bpd. SourceContinue Reading

The permitting halt, which went into effect earlier this year, will raise energy costs, threaten supplies for America’s European allies and increase emissions by slowing the transition from coal to gas, Chevron CEO Mike Wirth said in a speech at the GasTech conference in Houston Tuesday. SourceContinue Reading