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Oman: Wood completes work on Shell's first solar PV plant in the Middle East

Oman: Wood completes work on Shell’s first solar PV plant in the Middle East
11 Mar 2021
Wood, the global consulting and engineering company, recently completed its role as owner’s engineer on
Oman Shell’s first utility-scale, photovoltaic (PV) solar project in the Middle East, designed to cut emissions from industrial activities.
The development will supply renewable electricity to a large ferrochrome production facility, displacing the equivalent gas-fired power generation taken from the grid and saving more than 25,000 tonnes of CO2 emissions annually. The 25 MWp Qabas Solar Plant, consisting of more than 80,000 solar panels, is located within the Sohar Freezone in northern Oman. ....

Sultanate Of Oman , Joe Sczurko , Sohar Freezone , Woman Shell , Middle East , Qabas Solar Plant , Executive President , Moerdijk Solar , E Ampp News , Oil And Gas Exploration , Exploration And Production , Energy Pedia , Geological And Geophysical , Alternative Energy , Heavy Oil , Oil And Gas Condensate , Licence Round , Oil And Gas Ministry , Oil Companies , சுல்தானேட் ஆஃப் ஓமான் , ஓமான் ஷெல் , நடுத்தர கிழக்கு , நிர்வாகி ப்ரெஸிடெஂட் , ஏ அம்ப்ப செய்தி , எண்ணெய் மற்றும் வாயு ஆய்வு , ஆய்வு மற்றும் ப்ரொடக்ஶந் ,

Libya: Saipem awarded a consulting services contract for Benghazi Oil Technical Center project

Libya: Saipem awarded a consulting services contract for Benghazi Oil Technical Center project
10 Mar 2021
Libya National Oil Corporation (NOC) for the development of the
Benghazi Oil Technical Center (BOTC). The integrated specialized Technical Center will be established in the Mreisa Free Zone, 25 kms from Benghazi and designed with best-in class facilities and technologies to serve the Libyan oil and gas market and other critical industries.
Saipem has extensive experience in technical centers, having its own engineering centers in strategic areas worldwide. In addition, Saipem’s long established presence and commitment to the country, exemplified by its determination to maintain its headquarters and local staff even in recent years, provides Saipem with a strong knowledge of Libya and its energy infrastructure. In recognition of these qualities, Saipem has been considered by Libya’s NOC as the ideal partner to develop the Benghazi Oil Technical Center Proj ....

Consultancy Service Contract , Technical Center , Benghazi Oil Technical Center , Libya National Oil Corporation , Mreisa Free Zone , E Ampp News , Oil And Gas Exploration , Exploration And Production , Energy Pedia , Geological And Geophysical , Alternative Energy , Heavy Oil , Oil And Gas Condensate , Licence Round , Oil And Gas Ministry , Oil Companies , ஆலோசனை சேவை ஒப்பந்த , தொழில்நுட்ப மையம் , லிபியா தேசிய எண்ணெய் நிறுவனம் , ஏ அம்ப்ப செய்தி , எண்ணெய் மற்றும் வாயு ஆய்வு , ஆய்வு மற்றும் ப்ரொடக்ஶந் , ஆற்றல் பேதியா , நில அதிர்வு , புவியியல் மற்றும் புவி இயற்பியல் , மாற்று ஆற்றல் ,

Talos Energy announces fourth quarter and full year 2020 results

Talos Energy announces fourth quarter and full year 2020 results
11 Mar 2021
Talos Energy has announced its operational and financial results for the fourth quarter and full year 2020. The Company also announced its year-end 2020 reserves figures as well as 2021 operational and financial guidance.
Key Highlights – Fourth Quarter 2020:
Production of 59.4 thousand barrels of oil equivalent per day ( MBoe/d ) net. Year-end production exit rate was over 71.0 MBoe/d net.
Net Loss of $430.7 million inclusive of $267.9 million in commodity price-related impairments, or $5.73 loss per diluted share, and Adjusted Net Loss
(1) of $31.2 million, or $0.41 adjusted loss per diluted share.
Adjusted EBITDA
(1) of $106.4 million, for an Adjusted EBITDA margin of over 60%. ....

Timothys Duncan , Talos Energy , Fourth Quarter , Adjusted Net Loss , Cash Flow , Adjusted Loss , Free Cash Flow , Chief Executive Officer Timothy , E Ampp News , Oil And Gas Exploration , Exploration And Production , Energy Pedia , Geological And Geophysical , Alternative Energy , Heavy Oil , Oil And Gas Condensate , Licence Round , Oil And Gas Ministry , Oil Companies , திமோதிஸ் டங்கன் , நான்காவது காலாண்டு , பணம் ஓட்டம் , இலவசம் பணம் ஓட்டம் , தலைமை நிர்வாகி அதிகாரி தீமோத்தேயு , ஏ அம்ப்ப செய்தி , எண்ணெய் மற்றும் வாயு ஆய்வு ,

Why U.S. Shale Production Remains Stubbornly High

Technology and portfolio high grading enables U.S. shale to defy early predictions
This happy circumstance is largely due to a couple of things primarily. The first is technology making the extraction of more oil per unit of interval than even just a few years ago. And, operator high grading of their portfolios to focus almost solely on Tier I acreage. Tier I acreage, as we have discussed in the past is the low cost, high return play that works particularly well in the Permian with its stacked reservoirs.
Shale drillers have simply been making some prodigious wells in the last couple of years, and this increase in the Productivity Index-PI has made itself known. As an example I would cite Devon Energy s, (NYSE:DVN) recent performance in its core Delaware basin area. ....

United States , David Messler , Journal Of Petroleum , Devon Energy , Drilling Productivity , Price Setter , Oil Production , Oil Prices , ஒன்றுபட்டது மாநிலங்களில் , இதழ் ஆஃப் பெட்ரோலியம் , டெவன் ஆற்றல் , துளையிடுதல் ப்ரோடுக்டிவிடீ , ப்ரைஸ் செட்டர் , எண்ணெய் ப்ரொடக்ஶந் , எண்ணெய் ப்ரைஸஸ் ,

US: 88 Energy provides operations update

US: 88 Energy provides operations update
11 Mar 2021
88 Energy has provided the following update related to its operations in the NPR-A region of the North Slope of Alaska.
Highlights
well at 0338 on 10th March 2021 (AK time).
The Merlin-1 well will initially be drilled to 1,500’, then surface casing will be installed and the Blow Out Preventer system tested. This is expected to take approx. one week to execute.
The well will then be deepened through the target horizons in the Nanushuk Formation to a maximum total depth of 6,000’. Logging while drilling and mudlogging will provide initial indications as to the prospectivity of the well during this part of the operation, which is expected take three to five days. A sophisticated wireline logging suite will then be run, including sidewall cores and downhole sampling. Wireline logging is expected to take five to seven days. ....

United States , North Slope , Blow Out Preventer , Nanushuk Formation , Executive Order , Dave Wall , Project Peregrine , E Ampp News , Oil And Gas Exploration , Exploration And Production , Energy Pedia , Geological And Geophysical , Alternative Energy , Heavy Oil , Oil And Gas Condensate , Licence Round , Oil And Gas Ministry , Oil Companies , ஒன்றுபட்டது மாநிலங்களில் , வடக்கு சாய்வு , அடி ஔட் பிரேவேண்தேர் , நிர்வாகி ஆர்டர் , டேவ் சுவர் , ப்ராஜெக்ட் பெரிக்‌ரிந் , ஏ அம்ப்ப செய்தி , எண்ணெய் மற்றும் வாயு ஆய்வு ,