Field/project development
Saipem can begin early subsea engineering on ExxonMobil’s Longtail project in Guyana under a Limited Notice to Proceed, while the operator awaits final investment decision and government sign-off.
Three wind projects planned to produce around 300 MW have entered the execution phase under a partnership with OMV Petrom and RNV Infrastructure.
The Orange Basin and Gulf of Guinea will see most of the high-impact drilling activity planned this year in Africa.
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Agreements create long-term frameworks to advance offshore Suriname developments, aiming to streamline project delivery, reduce costs, and accelerate field development through early integration across the project life cycle. -
ExxonMobil will retain its equity stakes in ongoing Bass Strait projects even as it hands off its operatorship responsibilities to Woodside Energy.
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The North Sea project, which is sending production to the nearby Ivar Aasen platform, came online 9 months ahead of schedule.
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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.
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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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