Field/project development
ExxonMobil and Guyana expect to approach 1 million B/D of oil as the ONE Guyana vessel reaches the Stabroek block.
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.
Offshore activity is expected to begin in 2027 with first oil from the 20K-psi project slated for 2028.
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The $48.5-billion investment aims to keep the 30-year-old project in western Kazakhstan flowing for years to come. -
The contractor will provide 17 pipeline centrifugal compressors for Aramco’s ongoing project in Saudi Arabia.
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The contracts kick off another round of development in deep and ultradeep water off India’s east coast in the Bay of Bengal.
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Dutch leaders have voted to halt all future production from the large gas field due to seismic activity linked to extraction operations.
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The $6-billion Azeri Central East (ACE) platform is the first BP-operated offshore production facility controlled from onshore.
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Kampala is drawing now on international experience to sidestep the “oil curse” before first crude flows from its Lake Albert developments.
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The contractor will install the flowline and related subsea equipment later this year for the Talos Energy-led development.
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Operator TotalEnergies wants to rework the EPC contract packages after initial bids challenged project economics.
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Electric conversion of these offshore platforms is expected to cut about 1.2 million tonnes of CO₂ emissions per year.
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Samsung E&A takes home $6 billion of the total amount as EPC contractor.
