
Articles
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1 week ago |
jpt.spe.org | Jennifer Pallanich
BW Energy has reached final investment decision (FID) for its $1.5 billion Maromba development offshore Brazil and will begin contracting long-lead items and services. BW announced the decision on 5 May for the heavy-oil project, which will use an integrated drilling and wellhead platform (WHP) and a refurbished floating production, storage, and offloading (FPSO) vessel.
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1 week ago |
jpt.spe.org | Jennifer Pallanich
Harbour Energy and its Southern Energy partners will move ahead with a project calling for the deployment of two floating liquefied natural gas (FLNG) vessels offshore Argentina. Harbour announced 2 May that the company and partners in the project had reached final investment decision (FID) for the Southern Energy FLNG export project which targets production startup from the Hilli Episeyo vessel around year-end 2027 with the MK II vessel expected to begin operations at the end of 2028.
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2 weeks ago |
jpt.spe.org | Jennifer Pallanich
All around the industry, a silent enemy targets oil infrastructure: corrosion. In a bid to protect vital equipment, researchers have been hard at work. At Chevron Technical Center, researchers have developed a screening method for particularly problematic microbiologically influenced corrosion (MIC) while Occidental Petroleum’s Chemical Management Team has developed a means to quantify metal loss as a way to measure effectiveness of corrosion inhibitor (CI) chemicals.
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2 weeks ago |
jpt.spe.org | Jennifer Pallanich
Woodside has sanctioned its three-train Louisiana LNG development, targeting first liquefied natural gas (LNG) in 2029. In announcing final investment decision (FID) on the fully permitted project on 28 April, Woodside CEO Meg O’Neill said Louisiana LNG is the first greenfield US LNG project to achieve FID since July 2023.
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2 weeks ago |
jpt.spe.org | Jennifer Pallanich
The deepwater Capricornus 1-X exploration well offshore Namibia found light oil, partners in the license reported 24 April. BP and Eni, which are 50/50 partners in Azule Energy, both confirmed the discovery in Block 2914A located in Petroleum Exploration License (PEL) 85, which is operated by Rhino Resources with 42.5% interest on behalf of partners Azule Energy with 42.5% interest, Namcor with 10% interest, and Korres Investments with 5% interest. PEL 85 is in the Orange Basin.
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