Oilfield Development

Latest News for: Oilfield development

Edit

Sinopec Tackled Challenges and Achieved Solid 2022 Results

Eagle-Tribune 26 Mar 2023

We rapidly developed online business ... In crude oil development, we accelerated the capacity building of major oilfields, such as Shunbei and Tahe, and strengthened fine-tuned development of mature oil fields ... We rapidly developed online business and client satisfaction upgraded significantly ... Science and Technology Development.

Edit

African Oil And Gas Popular In Europe After Phaseout Of Russian Energy

Oil Price 25 Mar 2023

To the east of Algeria, in Libya, oilfield major Halliburton and Honeywell International are in talks with the ...

Edit

Sembcorp Marine's Brazilian unit under scrutiny for alleged compliance irregularities

Upstream Online 24 Mar 2023

Savannah Energy snared in Africa fiasco as oil assets nationalised Capricorn to slash UK staff amid Egypt focus and exploration exit ExxonMobil fires up fresh bid battle for transformed LNG project in Mozambique Field development plan submitted for controversial Mexican giant offshore oilfield.

Edit

Sembcorp Marine’s Brazilian unit under scrutiny for alleged compliance irregularities

Upstream Online 24 Mar 2023

Edit

Recon Technology, Ltd Reports Financial Results for the First Six Months of Fiscal Year 2023

The Galveston Daily News 24 Mar 2023

Recent Development ... On February 27, 2023, the Company announced that the mainland China variable interest entity's subsidiary, Nanjing Recon Technology Co., had achieved preliminary progress on the research and development of a new energy-efficient electric pump that is being conducted at some oilfield sites in China.

Edit

UK planning to launch watered down net zero strategy in oil capital Aberdeen

The Observer 24 Mar 2023

This would mean that Equinor, the Norwegian state-owned company behind the potential field, would pay only £350m to develop Rosebank, which is three times the size of the Cambo oilfield ... UK taxpayers would effectively cover almost all the costs of developing Rosebank by giving Equinor billions in tax breaks.

Edit

Limbayong highlights continuing post-Covid toll on project economics

Upstream Online 24 Mar 2023

Malaysia’s national energy giant Petronas last week confirmed that the plug had been pulled on its ultra-deepwater Limbayong oilfield development offshore Sabah, East Malaysia, which had simply become commercially unviable as the originally proposed standalone ...

Edit

Field development plan submitted for controversial Mexican giant offshore oilfield

Upstream Online 24 Mar 2023

Mexico’s state-owned Pemex has filed the development plan for the unitised Zama giant oilfield offshore Mexico to industry regulator National Commission of Hydrocarbons (CNH) for approval ... .

Edit

Controversial giant Mexican offshore oilfield moving forwards

Upstream Online 24 Mar 2023

Mexico’s state-owned Pemex has filed the development plan for the unitised Zama giant oilfield offshore Mexico to industry regulator the National Commission of Hydrocarbons (CNH) for approval ... .

Edit

Mexico's Pemex and Talos-led consortium hand over Zama development plan to regulator

Reuters 23 Mar 2023

firm Talos Energy (TALO.N) delivered a development plan for the Zama oil field to Mexico's oil regulator on Thursday, Pemex said ... Pemex and the consortium, which includes Harbor Energy (HBR.L) and Wintershall Dea, share development of the 850-million-barrel field.

Edit

L&T partnership with Subsea 7 bears fruit as Saudi Aramco dishes out offshore contracts

Upstream Online 21 Mar 2023

CRPO 98 includes work on the further development of Aramco’s giant Zuluf oilfield with a project scope that involves both new infrastructure and the upgrading of multiple production deck modules, sources said.Article continues below the advert. .

Edit

Ghana maintains good relations with Cote d’Ivoire in spite of maritime dispute outcome

Business Ghana 19 Mar 2023

In 2007, the discovery of the major Jubilee oilfield 32 ... By the time the issue of maritime delimitation was brought into bilateral negotiations between the parties, the TEN and Jubilee oilfields were all under development by a consortium of companies led by London-based Tullow Oil.

Edit

Depth record set with oil well in Xinjiang

People Daily 14 Mar 2023

The accomplishment also marks a major milestone for the Tarim Oilfield, which has entered a new phase of ultra-deep oil and gas exploration and development at the 9,000-meter level. The oilfield now has the potential to go even deeper, leading the way for further advancements in oil and gas exploration technology in China.

Edit

Karoon Energy edging nearer to Neon oilfield development offshore Brazil

Upstream Online 14 Mar 2023

Given the encouraging results from the control well campaign, further development engineering studies will take place concurrently, which, together with the revised resource estimates, will allow us to assess the viability of the current development concepts and whether to progress into the next phase – concept select, said Karoon.

Edit

Capstone Green Energy Secures New Orders From Alaskan Distributor Arctic Energy for a Major Oil ...

Maryville Daily Forum 13 Mar 2023

The microturbines will be deployed as part of the initial phase of the development project with the potential for future orders. Once developed, the oilfield is expected to significantly boost oil flow in the trans-Alaska pipeline, which has fallen about 75% from its peak in the late 1980s.