Subsea 7 Awarded Offshore Contracts in Australia and US Gulf of Mexico
The company announced both contract awards simultaneously. The new contract awards could be worth up to $800 million.
ConocoPhillips Awards MODEC Contract To Supply Barossa Field FPSO Offshore Australia
The FPSO, MODEC's largest size of "gas FPSO" to date, will be the first application of the contractor’s M350 Hull, a next-generation newbuilt hull for FPSOs.
Santos Acquires ConocoPhillips's Australian Assets for $1.39 Billion
The deal for ConocoPhillips’s northern Australian portfolio will help the Australian company boost its position in the country’s gas market, as it gains majority ownership in a set of key assets including Darwin LNG and the Barossa project.
Operators Build the Business Case for Drones
Drones are becoming an important tool for energy companies looking to improve on-site safety and operational efficiencies, and the industry is looking for the best way to maximize their value. What are some the challenges in getting these programs off the ground?
Fit-for-Purpose Water Treatment in Permian Shale
Sourcing water for hydraulic fracturing, and disposing of produced water, are constraints and significant cost items in the Permian Basin. Some of the produced water can be treated and reused by using a water life cycle approach..
Qatar, Exxon Mobil Agree to Sanction Golden Pass Expansion
The $10-billion deal will add liquefaction and export capabilities to the existing facility in Sabine Pass, Texas, according to a Reuters report. Golden Pass currently handles up to 2 Bcf/D of natural gas imports to North American markets.
Ineos Enters Exclusive Talks for ConocoPhillips North Sea Assets
A deal with the UK-based energy and chemicals company could fetch up to $3 billion for ConocoPhillips, which is transitioning out of the North Sea to focus on US shale operations.
US Steel Tariff Exclusion Process Leaves Trail of Confusion
Operators are increasing capital budgets in the wake of tariffs and quotas initiated by the US government on steel imports, and the product exclusion process has revealed a host of other issues. If the tariffs are here to stay, what does industry hope to see moving forward?
New Research Explores Effective Produced Water Treatment
As operators seek lower water management costs, a pair of studies examines methods and technologies that could have a major impact on treatment and reuse for hydraulic fracturing operations and beyond.
Aggressive Cost-Cutting: Is it Sustainable?
Onshore development is increasing production, while investors demand greater operational efficiencies. Operators and service companies are striving to strike the balance between fiscal discipline and growing their production. How low can costs go, and for how long?
Short-Cycle Projects Key to Surviving the Downturn
Short-cycle projects allow owners and operators to stay financially stable while preserving the production infrastructure and capacities needed to expand quickly when oil prices improve.
Full Life Cycle Approach Improves Water Management Economics
A look at a water management plan for developing shale assets in the Permian Basin encompassing the full life cycle of each field.
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17 July 2020
21 July 2020