TotalEnergies

The Orange Basin and Gulf of Guinea will see most of the high-impact drilling activity planned this year in Africa.

Technology and partnerships remain important, while phased approaches may supplant lengthy appraisal programs, experts said during CERAWeek.

The transaction creates a new company, NEO NEXT+, which is now the largest independent producer on the UK Continental Shelf.

TotalEnergies will instead invest in the Rio Grande LNG plant, upstream conventional oil development in the US Gulf of Mexico, and shale-gas production.

This work demonstrates that a carefully engineered wireline perforation strategy can address the challenges of long-interval high-pressure/high-temperature completions with large intrareservoir-pressure differentials safely and effectively.

Updates about global exploration and production activities and developments.

By opening new fields to exploration and development, Libya is poised to boost gas production to supply exports in meaningful volumes to Europe by early 2030.

Suspended by force majeure since the spring of 2021, work on the Mozambique LNG project has restarted with over 4,000 workers now engaged onshore and offshore to meet a 2029 deadline for first LNG.

The country’s state oil company has signed agreements with SLB and TotalEnergies to work on production.

The deal targets increased investment and production from one of the country’s largest onshore developments.