Field/project development
ExxonMobil will retain its equity stakes in ongoing Bass Strait projects even as it hands off its operatorship responsibilities to Woodside Energy.
The North Sea project, which is sending production to the nearby Ivar Aasen platform, came online 9 months ahead of schedule.
Updates about global exploration and production activities and developments.
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The chair of the SPE Georgetown Section outlines how balanced, apolitical dialogue can support development amid rapid energy expansion. -
In this study, forward simulation is executed by a commercial reservoir simulator while external code is developed for backward calculations.
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Equatorial Guinea government formalizes deal that paves the way for Block I development.
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The deepest water depth project in Equinor’s portfolio, Raia aims to bring its gas onstream in 2028.
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The rise in China’s gas production, now exceeding that of Qatar and of Australia, is also limiting growth in its LNG demand.
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Equinor said it found between 14 million and 24 million BOE with its most recent exploration well in the Polynya Tubåen prospect.
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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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The project partners and the Newfoundland and Labrador government reach agreement over life-of-field benefits, royalties, and an equity option, moving development toward sanction in 2027.
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Operator started planning the development before it made its latest North Sea discovery.
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The Middle East’s largest unconventional gas development officially begins production as Saudi Aramco targets 6 million BOE/D of gas and liquids capacity by 2030.
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