BP
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The supermajor said the fields are not expected to contribute meaningfully to its production profile by 2030.
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Saipem has launched offshore operations in Suriname, while Repsol is expanding exploration efforts in Venezuela and partnering with MOL Group and TPAO in the Mediterranean. Petronas, Shell, and Murphy Oil reported new discoveries in Suriname, Namibia, and Côte d’Ivoire, respectively, as Occidental acquired a stake offshore Trinidad and Tobago and BP began gas producti…
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This paper presents a study that confirms glass-reinforced-epoxy-lined tubing as a reliable, cost-effective solution for long-term water-injection service in moderate-salinity offshore environments.
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The $5.1 billion ultradeepwater project is Angola’s first integrated cross-block development and sits at the top of Azule’s Southern African portfolio.
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Five agreements target more than 11 Tcf of offshore gas and include flare-reduction technology.
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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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