Field/project development
As Africa’s top oil producer, Libya is ramping up momentum—offering 22 exploration areas and welcoming BP back to Tripoli with a major deal.
Electricity produced onshore powers oil production at Johan Sverdrup holding CO₂ emissions at only 5% of the global average.
Shell became the first international company to operate producing fields offshore Brazil and the first to navigate the country’s complex and detailed decommissioning permitting process, which involved extensive environmental assessments, regulatory approvals, and coordinated stakeholder engagement.
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The sales and purchase agreement obliges Taiwan’s national oil company, CPC, to buy 4 mtpa of liquefied natural gas for 27 years while Taipei also acquires equity in the North Field East.
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A newbuild Fast4Ward hull will be used as part of the Block 58 development set for FID prior to year-end.
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The deepwater Gulf of Mexico project in the Paleogene will require a 20K-psi production semisubmersible.
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Mooring operations underway following arrival of the GTA FPSO on-site at the maritime border of Mauritania and Senegal.
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PTSC Mechanical & Construction will execute the turnkey agreement covering a large, fixed platform.
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The project to stabilize and maintain the gas field’s production plateau supports Algeria’s bid to underpin its growing role in supplying European gas markets.
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This paper presents a case study of a North African oil field producing from two Ordovician sands with differing permeabilities where significant benefit was achieved by fracture stimulating one or both intervals in two wells.
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The massive vessel moved from Aker Solutions quayside to begin sea trials ahead of deployment in the Barents Sea prior to year-end.
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The set of new-generation FPSOs will be delivered in 2029 equipped with technologies that can cut greenhouse emissions by 30% given the unit’s all-electric configuration.
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The first wells from the current North Sea development project are expected online in 2026.