Field/project development
In lifting force majeure, TotalEnergies says it will restart construction on its Mozambique LNG project as soon as the government agrees to a revised budget and schedule which targets shipping first product in 2029.
Supermajor 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.
Thailand’s PTTEP is partnering with subsea joint venture SLB OneSubsea to expand capacity across two fields offshore Malaysia.
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Hammerhead, the seventh planned project offshore Guyana, is expected to reach FID later this year and go on-stream in 2029. -
ExxonMobil and Guyana expect to approach 1 million B/D of oil as the ONE Guyana vessel reaches the Stabroek block.
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As part of Italy's Mattei Plan—named after Enrico Mattei, Eni's first chairman—Eni will invest close to $9 billion each in Algeria, Libya, and Egypt.
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Offshore activity is expected to begin in 2027 with first oil from the 20K-psi project slated for 2028.
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The project is the most northern field offshore Norway to begin production.
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Brazil’s ANP extends BW Energy’s contract for the deepwater field from 2031 to 2042, and BW plans to further develop the field.
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The shallow-water subsea tieback to the Jupiter platform is expected to produce about 250 MMcf/D of gas at peak.
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Ginger is among the 10 upstream projects that BP plans to bring on-stream by 2027 after resetting its strategy to raise oil and gas investments to $10 billion per year.
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Launch of development drilling marks a new milestone as Romania aspires to become EU’s largest gas producer.
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This paper describes an intelligent completion system in the context of multiple wells that, by electrifying the process, replaces the conventional electrohydraulic systems that have been in use for decades.
