UNDER THE PATRONAGE OF HIS ROYAL HIGHNESS PRINCE MOHAMMED BIN SALMAN BIN ABDULAZIZ AL-SAUD, CROWN PRINCE, DEPUTY PRIME MINISTER AND MINISTER OF DEFENSE OF THE KINGDOM OF SAUDI ARABIA

Aramco

IPTC Excellence in Project Integration Award

IPTC Excellence in Project Integration Award

As the upstream oil and gas industry moves towards increasingly complex and capital intensive projects, conventional practices must be challenged. It is critical that lessons are shared from successfully integrated project that embody excellence.

The IPTC Excellence in Project Integration Award recognises completed projects of USD 500 million or more, that add value to the industry by exemplifying the characteristics below:

  • Strong teamwork
  • Solid geoscience knowledge
  • Reservoir and production engineering acumen
  • Determined and watchful construction
  • Outstanding facilities engineering practices
  • Pervasive culture of HSE
  • Positive impact on the country, the region, and the world

Each finalist will also present the details of their project and answer audience questions in a special 90-minute session during the conference.

Finalists include:

MERO, PETROBRAS

MERO

Development based on technological innovation and environmental sustainability

Mero Project is a huge undertaking from Libra Consortium, who acquired the rights to explore and develop a discovery in brazilian pre-salt, that turned out to be the giant Mero Field: a high productivity reservoir filled with a large volume of high-quality oil, with high GOR and CO2 content. So, the biggest challenge was transforming the also large volume of gas with high CO2 content into an environmentally sustainable project. Mero Project started in 2014, with a strong integration among Consortium members as well as supply chain companies, joining efforts to accelerate production and continuously de-risk the project, while developing and applying several cutting-edge technologies. The Consortium began to reap the rewards of this great opportunity in 2017 (project’s 1st oil), starting to deploy this complex reserve, with competitive break-even and robust process of carbon storage in the reservoir, delivering to the society a profitable, technologically innovative, and sustainable project.

WHEATSTONE, CHEVRON

Wheatstone

The Wheatstone project is one of Australia’s largest resource developments and Australia’s very first natural gas hub. The project includes the development of the Wheatstone and Iago natural gas/condensate fields offshore Western Australia and an onshore facility incorporating a two-train liquefied natural gas (LNG) plant and domestic gas plant. With a predicted lifespan of 30 years, Wheatstone makes a substantial economic contribution to the long-term future of Australia through jobs and local goods and services. From late 2011, work was executed on five continents with LNG production from Train 1 commencing in October 2017, and from Train 2 in June 2018. The benefits of the project are estimated to result in more than $180 billion added to Australia’s gross domestic product and a $50 billion boost in State and Federal government revenues.

ZOHR, ENI

Zohr

Zohr field, in Egypt, is the largest-ever gas discovery in the Mediterranean. Eni's integrated approach has enabled us to bring safely the gas on-stream just over two years from discovery; a record for such deep water project. In August 2019, Zohr gas production reached 2.7 bcf/d, five months ahead of the development plan, and reached 3.2 bcf/d in 2021.

We integrated exploration and development phases, combining advanced technologies with careful project planning. By performing pre-development analyses during the exploration phase, we gathered information to improve the engineering and reduce the time to FID. Our design-to-cost model involves subdividing projects into phases, reducing risk where the subsurface is concerned.

Thanks to Zohr, Egypt recovered the self-sufficiency in the gas sector, lost after 2011. The field will satisfy Egypt’s demand for natural gas for decades to come, allowing the nation to become a regional hub for the natural gas.

Sponsoring Societies

  • AAPG Society logo 250x150 pix

  • EAGE Society logo 250x150 pix3

  • SEG Society logo 250x150 pix2

  • SPE Society logo 250x150 pix4