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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Fresh commitments cover expansion work on the Al-Shaheen field that is expected to add 100,000 B/D of oil production once completed. -
COP28’s “last in, last out” approach lets developing countries profit from oil and gas now to invest later in a clean energy future.
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The operator was the successful bidder on former shallow-water assets of Cox Oil, Energy XXI, and others.
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The contractor was tapped by Offshore Frontier Solutions to provide electrical systems and associated digital solutions for ExxonMobil’s fifth FPSO in the region.
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The contractor will be responsible for both pipeline and platform installation related to Petronas’ ambitious CCS project offshore Sarawak.
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The 100 million BOE-plus find will be tied back to the Heidelberg spar.
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The project aims at boosting India’s domestic oil production by 11% and gas production by 15%.
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The project’s revised development plan now incorporates a carbon capture facility.
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Woodside Energy's Trion field offshore Mexico features a four-column semisubmersible FPU with a production capacity of 100,000 BOPD.
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The producer’s Lime Rock and Venice discoveries were brought on stream in late December.
