deepwater
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The London-headquartered independent acquires position in the US Gulf while preparing Zama for final investment decision.
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The platform brings the field’s installed production capacity to 1.5 million BOPD.
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Operators are turning to new gas-lift and nanoparticle-fluid technologies to drive up production rates.
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The project in the US Gulf is expected to add about 15,000 BOEPD to the deepwater Atlantis project at peak production.
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Westwood Energy analysts suggest operators have an opportunity to secure rigs at lower rates for their 2027 drilling programs.
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The supermajor says it aims to start appraisal activities in 2027 and is evaluating development possibilities for the deepwater find offshore Brazil, which is the company’s largest discovery in 25 years.
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Thailand’s PTTEP is partnering with subsea joint venture SLB OneSubsea to expand capacity across two fields offshore Malaysia.
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SponsoredSince 1997, intelligent completions have transformed reservoir management, but adoption remains limited due to perceived complexity. The industry reached a pivotal moment with the development of next-generation technologies that address longstanding challenges and offer simpler operation solutions.
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BP’s most recent discovery in Namibia is the eleventh globally in 2025 since the UK major refocused its investments strategy back to its core oil and gas businesses.
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The DeepOcean-lead joint industry project aims to advance commercialization of a new patented technology that heats pipeline systems deployed in deepwater where flow assurance can be a challenge.
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