BP
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Five agreements target more than 11 Tcf of offshore gas and include flare-reduction technology. -
Production delivered by the subsea artificial lift system will equal that obtained by drilling two new wells, according to BP.
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BP said it expects to keep the Azeri-Chirag-Gunashli (ACG) project in production into the 2040s by tapping into separate nonassociated gas reservoirs.
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After a decade and a half of declining production, Uzbekistan, ranked 15th worldwide in gas output, has been seeking foreign partners to revive and reverse the fortunes of its oil and gas industry.
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While often associated with smaller discoveries, subsea tiebacks are playing a growing role in contributing to the broader energy mix.
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Formerly titled E&P Notes, this monthly snapshot of global E&P activity highlights ongoing developments worldwide.
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The Orange Basin and Gulf of Guinea will see most of the high-impact drilling activity planned this year in Africa.
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BP sanctioned development of the Kaskida in 2024, with first oil from the high-pressure project expected in 2029.
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In this paper, the authors review and draw lessons from the many firsts in the Teesside CO2 transportation and storage infrastructure project.
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Autonomous drilling through managed pressure drilling (MPD) at the Atlantis field has given the operator confidence to scale the method.
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