Field/project development
Vår Energi ASA and partners have officially sanctioned the Previously Produced Fields Project in the Greater Ekofisk Area. The redevelopment is expected to add high-value barrels starting in 2028, extending the production life of one of Norway’s key offshore regions.
The company engineered, designed, and manufactured multiple internal floating roof systems and tank-top equipment packages for TotalEnergies’ new storage terminal in Equatorial Guinea.
Fugro’s entry into the UK’s small modular reactor market follows its breakthrough in the US, where it secured a contract in February to perform a geoscience site investigation for the recommissioned Palisades Nuclear Power Plant in Michigan.
-
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. -
Discovered in 2010, the Búzios field offshore Brazil achieved a new milestone with the installation of its sixth production facility.
-
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.
-
Fresh permit will allow the project to move forward towards FID this fall, first production expected in early 2029.
-
The Tiber FPU is expected to follow the Kaskida hub currently being built in Singapore.
-
Closed-loop geothermal systems have entered the new-energy arena to generate electricity using the underground as a heat exchanger.
-
Upgraded sour-gas injection and a new third-generation processing plant are key to keeping supergiant Tengiz producing for years to come.
-
The new Sevan-designed cylindrical FPSO is expected to flow 45,000 BOE/D at peak.
-
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.
-
Diversified Energy announces its largest deal yet to buy private equity-owned Maverick Natural Resources.
