Latest News for: Oilfield development

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CNOOC ups investment in Brazil

ECNS 02 Dec 2022
The company paid $1.9 billion for an additional 5 percent stake in the Buzios oilfield as part of a production sharing agreement with Petrobras, a Brazilian oil and gas company ... Stake in Buzios oilfield doubles to 10%, promising energy supply for China ... The project is developed by ...
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Aker BP approves increased $19 bln budget for oil and gas plan

Natural Gas World 02 Dec 2022
Equinor last month postponed plans to develop the Arctic Wisting field, in which Aker BP has a 35% stake, citing the impact on costs from global inflation ... Aker BP's investment plans also include installation of a new platform at its Valhall oilfield and development of the nearby Fenris gas discovery, previously known as King Lear.
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Approval sought: Duo moves on what could become Australia's first offshore CCS project

Upstream Online 30 Nov 2022
Revised development plan ... This upgraded resource has resulted in a revised CCS development plan with a new CO2 injection well to be drilled downdip from the Cliff Head oilfield instead of converting five existing wells, with the existing wells being retained for pressure maintenance and monitoring.
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Approval sought: Duo moves on what could become Australia’s first offshore CCS project

Upstream Online 30 Nov 2022
Revised development plan ... This upgraded resource has resulted in a revised CCS development plan with a new CO2 injection well to be drilled downdip from the Cliff Head oilfield instead of converting five existing wells, with the existing wells being retained for pressure maintenance and monitoring.
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Black Bay Energy Capital Announces Promotion and Team Additions

The Galveston Daily News 30 Nov 2022
NEW ORLEANS--(BUSINESS WIRE)--Nov 30, 2022-- ... Matt Schovee has been promoted to Managing Director ... Grant McClure has joined Black Bay as an Associate. Grant joined the firm after several years as a corporate development analyst at Gravity Oilfield Services, a provider of water & infrastructure services to the oil & gas sector ... Mr ... Mr ... KEYWORD.
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Woodside completes landmark Senegal FPSO

Upstream Online 29 Nov 2022
Woodside Energy has completed construction of the floating production, storage and offloading vessel destined for its Sangomar oilfield development offshore Senegal ... The development includes the FPSO, 23 wells and supporting subsea infrastructure, designed to allow the tie-in of subsequent phases.
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Woodside completes landmark FPSO for Senegal

Upstream Online 29 Nov 2022
Woodside Energy has completed construction of the floating production, storage and offloading vessel destined for its Sangomar oilfield development offshore Senegal and has acknowledged its Chinese sub-contractors for their fabrication and conversion works ... The development ...
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Robert ‘Bob’ Earl Davenport, Jr.

St George News 29 Nov 2022
Sept. 9, 1922-Nov. 23, 2022 Robert Earl Davenport, Jr. (Bob), age 100, died on Nov. 23, 2022. He was born Sept. 9, 1922, in Pensacola, Florida, to Gladys Houston Davenport and Robert Earl Davenport ... He and his family lived eight years in the jungle while he worked at developing the Minas field, to this day the largest oilfield in southeast Asia ... ....
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E3 Lithium gets $37M from feds to support oilfield lithium extraction

North Shore News 28 Nov 2022
... old oilfields has received $37 million from the federal government. E3 Lithium has developed a technology to extract lithium, a light metal used to make EV batteries, from oilfield brines.
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E3 Lithium gets $27M from feds to support oilfield lithium extraction (Business)

Castanet 28 Nov 2022
E3 Lithium has developed a technology to extract lithium, a light metal used to make EV batteries, from oilfield brines ... historic Leduc oilfield region.
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E3 Lithium gets $27M from feds to support oilfield lithium extraction

North Shore News 28 Nov 2022
E3 Lithium has developed a technology to extract lithium, a light metal used to make EV batteries, from oilfield brines. E3 Lithium has already drilled test wells within Alberta's historic Leduc oilfield region.
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Chevron can resume key role in Venezuela's oil output, exports

Reuters 27 Nov 2022
Companies. Chevron CorpFollow. Petroleos de Venezuela SAFollow ... Terms bar Chevron from helping the OPEC member develop new oilfields but provides a way for the company to recoup some of the billions of dollars owed by PDVSA through the oil sales ... Oilfield service firms Baker Hughes, Halliburton, Schlumberger and Weatherford International had their U.S.
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GILLIAN HAMILTON: Oil and gas will not help develop the inclusive economy SA needs

Business Day 27 Nov 2022
Government claims that the establishment of an offshore oil and gas industry in SA — via upstream production, the development of oilfield services and expansion of supporting industries — would bring significant economic development.
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US issues expanded license to allow Chevron to import Venezuelan oil

Press TV 26 Nov 2022
The decision allows Chevron to revive existing oil projects in the US-sanctioned country and bring new oil supplies to refiners in the United States ... Terms bar Chevron from helping the OPEC member develop new oilfields but provides a way for the company to recoup some of the billions of dollars owed by PDVSA through the oil sales ... (Source. Reuters).
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Contractors battle for Adnoc's Lower Zakum offshore expansion project

Upstream Online 25 Nov 2022
... expansion of its huge Lower Zakum oilfield. Adnoc is advancing multiple offshore developments as its plans to scale up its oil production capacity to 5 million barrels per day by 2025.

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