Field/project development
The new development is estimated to hold 46 million recoverable bbl of oil and is planned to start up in late 2028.
Project in US Gulf will add about 15,000 BOEPD to the deepwater Atlantis project at peak production.
First oil is expected from phase one of the project in 2028, with up to four more phases planned.
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This paper highlights the continuous improvement of multilateral technology used in the Middle East by demonstrating how the application of a multilateral well strategy is a proven and reliable method to reduce time-intensive operations. -
This paper presents an immersive platform that enables multidisciplinary teams and management to make decisions, connecting professionals to demonstrate and share findings in a way that capitalizes on artificial intelligence and cognitive capabilities.
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Effective exploitation of deepwater assets, which often present extraordinary challenges, requires continuous flexibility, reflected in the approaches developed in these papers.
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First LNG at Tellurian’ asset known as Driftwood LNG before Woodside’s acquisition last year is expected in 2029.
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Using emergency procedures, the permitting timeline is expected to be significantly reduced, from years to weeks in some cases.
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The UK North Sea Transition Authority has awarded the required permits for the East Irish Sea project, and the project has reached financial close. The carbon capture and storage project is expected to receive its first carbon dioxide in 2028.
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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.
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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.
