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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This paper outlines a technique to evaluate formation temperature shifts when closely spaced wells are produced concurrently and applies the technique to validate the design basis for new development.
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Today, the dependence on primary monitors is higher than ever, so much so that orchestrated efforts are underway to make these nearly foolproof. Often, direct measurements are supplemented with model predictions. Also notably visible are the efforts to integrate multiple perspectives of sustained production.
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Discovered in 2010, the Búzios field offshore Brazil achieved a new milestone with the installation of its sixth production facility.
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In a deal described as possibly "one of the most important transactions BP has done in 20 years" by CEO Murray Auchincloss, the company has agreed contractual terms with the Iraqi government to invest in drilling and infrastructure to rehabilitate and boost production at the Kirkuk oil field.
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Fresh permit will allow the project to move forward towards FID this fall, first production expected in early 2029.
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The Tiber FPU is expected to follow the Kaskida hub currently being built in Singapore.
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Closed-loop geothermal systems have entered the new-energy arena to generate electricity using the underground as a heat exchanger.
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Upgraded sour-gas injection and a new third-generation processing plant are key to keeping supergiant Tengiz producing for years to come.
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The new Sevan-designed cylindrical FPSO is expected to flow 45,000 BOE/D at peak.
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A Shell partnership with YPF marks a significant milestone for the Argentina LNG export facility, raising new questions about the nation’s potential to unlock the economic power of its vast shale reserves.