ConocoPhillips last received an export license from the federal government for the Kenai plant in April 2014. It also authorized the company to export about 40 Bcf of gas over a two-year period.
The flowline system will be fabricated at the group’s spoolbase in Mobile, Ala. The offshore installation is scheduled for second-half 2016 by Technip’s Deep Blue flagship deepwater pipelay vessel.
The Laggan-Tormore development consists of a 140-km (87-mile) tieback of four subsea wells to the new onshore Shetland Gas Plant which has a capacity of 500 million standard cubic feet per day, according to a news release.
With about 210 small pools already discovered but not yet developed, reducing costs by half would make the development of those 150 fields economically viable, according to a speaker at Subsea Expo.
The project includes the Stickle, Crosby, Tanglehead, Moondyne, Wild Bull and Ravensworth fields. It also includes the tie back of the Stickle 9 well to the existing Tanglehead manifold, Fugro said in the release.
Iran aims to boost its crude oil production capacity by 160,000 barrels per day (bbl/d) following the completion of expansion projects at its North Azadegan and Yadavaran oil fields, a senior Iranian oil official was quoted as saying.
The Weizhou 12-2 oil field joint development project (Weizhou 12-2) and Weizhou 11-4 North oil field Phase II project (Weizhou 11-4 North) have recently commenced production, CNOOC Ltd. (NYSE: CEO) said in a news release.
Oil & Gas UK warns of tough times ahead for the North Sea, but projects due to come onstream offer a glimmer of hope.
Israel has reported some of the largest gas finds in the past decade and EU member Cyprus confirmed a discovery in 2011, making both potential exporters.
The Chuandongbei project covers more than 800 sq km in Sichuan Province and the Chongqing Municipality.
There are six wells on production, producing a total of about 6,540 barrels of crude oil per day (bbl/d), CNOOC Ltd. said in a news release.
Wintershall has delayed an upcoming decision on concept selection for its Skarfjell project off the coast of Norway in a bid to cut costs further, the firm said Jan. 26.