Oil & Gas News

Total, operator, and its co-venturers Qatar Petroleum and Petronas have won the C-M-541 deep offshore block in the 16th Bidding Round held by Brazil’s National Petroleum Agency (ANP). The acreage is located in the pre-salt Campos Basin in a water depth of about 3,000 meters.

Cargo number 1000 was celebrated on October 10, at the Hammerfest LNG plant on Melkøya, “the Snøhvit plant”. The cargo consists of 140 500 cubic meters of liquefied natural gas (LNG). Total sales value of all the LNG cargos since the field came on stream is in the range of NOK 130-150 billion. In addition, we have the value of liquefied petroleum gas (LPG) and condensate.

InEight’s next-generation planning and scheduling solution, InEight® Basis, now includes a risk management module, which introduces unprecedented risk and confidence management capabilities to the construction and engineering industries. The new module helps identify and quantify project risk considerations that affect cost and schedule selections, ultimately offering greater certainty to sectors where budget and project overruns are common.

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