|Theme||Visible||Selectable||Appearance||Zoom Range (now: 0)|
PETRONAS FLNG SATU (PFLNG1) is a floating liquefied natural gas facility producing 1.2 million tonnes per annum (mtpa) of LNG, on a facility that is 365m long, and 60m wide, making it among the largest offshore facility ever built. The PFLNG1 project is the first of its kind in the world and is the first deployment of PETRONASâ€™ Floating Liquefied Natural Gas (FLNG) technology, consolidating the traditional offshore to onshore LNG infrastructure into a single facility. This will see a giant floating facility capable of extracting, liquefying and storing LNG at sea, before it is exported to customers around the globe. The FLNG journey has come a long way since 2006, with many technological options explored to monetise and unlock the potential of small and stranded gas fields. Moving an LNG production to an offshore setting poses a demanding set of challenges â€“ as every element of a conventional LNG facility needs to fit into an area roughly one quarter the size in the open seas whilst maintaining safety and increased flexibility to LNG production and delivery. The keynote address describes the breakthrough features of PFLNG1 â€“ the worldâ€™s first floating LNG facility; and the pioneering innovation that it brings to the LNG industry.
Since the industrial revolution, the oil and gas industry has played an important role in the economic transformation of the world, fueling the need for heat, light and mobility of the world’s population. Today, the oil and gas industry has the opportunity to redefine its boundaries through digitalisation, after a period of falling crude prices disrupted exploration and production activities, and ineffective mature field development challenges that are currently facing most oil and gas companies in Indonesia. The recent downturn in the oil and gas industry has led to massive layoffs. Digital industrial revolution is slowly changing how upstream businesses operate. Increasing public awareness of climate change has fuelled the urgency to shift to cleaner alternative energy.
SPE, through its Energy4me programme, will present a free one-day energy education workshop for science teachers (grades 8–12). A variety of free instructional materials will be available to take back to the classroom. Educators will receive comprehensive, objective information about the scientific concepts of energy and its importance while discovering the world of oil and natural gas exploration and production. Energy4me is an energy educational public outreach programme that highlights how energy works in our everyday lives and promote information about career opportunities in petroleum engineering and the upstream professions. SPE’s Energy4me programme values the role teachers and energy professionals play in educating young people about the importance of energy.
The court said it was mindful of the disruption the shutdown will cause but said the seriousness of deficiencies from the US Army Corps of Engineers outweighs the negative effects of shutting down the pipeline. The White House review of proposed rules for an expanded credit for capturing and storing carbon dioxide resulted in changes that give the IRS more time to take back the credits in case of carbon leaks. US Department of Agriculture Secretary Sonny Perdue ordered the US Forest Service to expedite environmental reviews on its land, paving the way for more grazing, logging, and oil development on public lands. The Colorado Oil and Gas Conservation Commission approved new rules governing well construction, testing, and related matters, which the agency says will result in the strongest rules nationwide to protect groundwater from contamination from oil and gas activity. The Texas Railroad Commission’s chairman has said the commission will look into policies to “drastically reduce” natural gas flaring from the state’s shale patch as investors become increasingly sensitive to climate-change concerns. New Mexico state regulators vowed to keep the oil and gas industry in check during the COVID-19 pandemic and subsequent market collapse, as some groups worried that shut-in wells and other cost-saving measures could lead to operators flouting environmental regulations. The Alberta Energy Regulator has suspended a wide array of environmental monitoring requirements for oilsands companies over public health concerns raised by the COVID-19 pandemic. After years of negotiations, the province announced that it had reached a preliminary agreement with the federal government that it calls a “major step toward providing Alberta’s oil and gas industry a single set of strong rules to reduce methane emissions and protect the environment.”
Cenovus Energy announced that it reached 1 billion bbl of cumulative production from its oil sands facilities in northern Alberta, becoming the first company to reach this milestone using SAGD technology. Steam-assisted gravity drainage (SAGD) is a prime example of how structured research and development (R&D) has led to the commercial implementation of technology, helping unlock hydrocarbon resources to fulfill society’s energy demands.
Cenovus Energy announced that it reached 1 billion bbl of cumulative production from its oil sands facilities in northern Alberta, becoming the first company to reach this milestone using SAGD technology. Kevin Birn is part of the IHS North American Crude Oil Markets’ team and leads the IHS Energy Oil Sands Dialogue.
Sourcing water for large multifracture stimulations in west Texas is a well-known constraint on oil and gas activities in the area. A 6-month pilot operation demonstrated that produced-water reuse is technically feasible and can be a cost-effective solution. This paper summarizes the benefits of using a bipolymer crosslinking system in environments where water quality cannot be guaranteed. It also demonstrates the yielded cost savings per well that are achievable when reusing 100% produced or flowback water for hydraulic fracturing. This paper details the experience of using new stabilized crosslinked-fracturing-fluid systems in the Permian Basin using borated produced water.
The Powder River Basin has emerged over the past year as the latest source of oil production growth for the Lower 48. Companies ranging from a reborn Samson Resources to US onshore mainstays Devon, Chesapeake, and EOG are now betting on the basin to become a long-term core asset. Colorado’s industry lacks the size, variety, and Wild West characteristics of Texas, but that is precisely why the Centennial State’s oil production is surging to record levels. This paper describes a comprehensive field study of eight horizontal wells deployed in the stacked Niobrara and Codell reservoirs in the Wattenberg Field (Denver-Julesburg Basin).
The Alberta Energy Regulator has suspended a wide array of environmental monitoring requirements for oilsands companies over public health concerns raised by the COVID-19 pandemic. After years of negotiations, the province announced that it had reached a preliminary agreement with the federal government that it calls a “major step toward providing Alberta’s oil and gas industry a single set of strong rules to reduce methane emissions and protect the environment.” An improved occupational health and safety system comes into effect on 1 June to better protect Alberta workers and ensure they have the same rights as other Canadians. The Alberta Energy Regulator has issued two draft directives that will require upstream oil and gas operators to reduce methane emissions from upstream oil and gas sites by 45% from 2014 levels by 2025. On 16 June 2017, the Alberta Oil Sands Advisory Group released its report Recommendations on Implementation of the Oil Sands Emissions Limit Established by the Alberta Climate Leadership Plan.