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The latest startups mean BP has brought five of its seven major 2017 projects onstream.
Scheduled for September, the round will offer 287 blocks in onshore and offshore basins.
Subsea power distribution systems will play a major role in the future of subsea field development projects. Once the Siemens Subsea Power Grid (SPG) is released to the...
The partnership was formed as the oil and gas industry works to keep exploration efforts alive following spending cuts caused by lower commodity prices.
Egypt is speeding up negotiations with neighboring countries to finalize the demarcation of borders in the Mediterranean, which proved to hold huge reserve of natural gas compared to the Red Sea.
Despite challenging economics, offshore EOR offers substantial returns.
Technology, regulations and more are required for an effective abandonment and decommissioning strategy for aging offshore facilities.
A marine management system creates a common operational picture for offshore operations.
Depending on the size and pressure, a SBT system failure could lead to a major classification hydrocarbon release.
With the success of ExxonMobil’s Liza discovery, Guyana and Suriname are on E&Ps’ radars again. Could a Guyana-Suriname Basin be in the future?
Egypt still needs to import natural gas from neighboring countries to satisfy domestic consumption, so Egypt’s government has agreed to pay a higher price to the foreign operators and encourage them to develop new natural gas discoveries.
The latest discovery brings the estimated gross recoverable resources for the Stabroek Block to between 2.25 Bboe and 2.75 Bboe, the company said.