Gulf of Mexico

The supermajor redefined its Mad Dog II development in three key ways: a blank-sheet redesign to cut costs, altering the way it works as a result of the COVID-19 pandemic, and a digital twin offering unique access to the asset from anywhere in the world.

Recent developments from Equinor and Murphy Oil Corp. offer hope that the industry is zeroing in the right approach to building megaprojects.

The 500-million bbl find in the Mexican Gulf is expected online in 2028.

Cash from the Japanese transport specialists will be used to bring Deflin FLNG vessels to FID.

Woodside Energy awards all contracts for major work at multiple fields, while Helix Energy secures significant plugging and abandonment job on the Gulf of Mexico shelf.

With global decommissioning activities forecast to reach $100 billion through 2030, early planning for it could go far in helping to minimize risk and associated costs.

Production from the Dover field is expected to start in late 2024 or early 2025.

Shell and Equinor are progressing the project toward a final investment decision, which is expected later this year.

Offshore work related to the contract is slated to begin in 2024.

Italian company finds 200 million BOE with its Block 7 exploration well.