Field/project development
The companies will work together to increase future production and value creation at their respective assets in the Norwegian Continental Shelf.
After a decade and a half of declining production, Uzbekistan, ranked 15th worldwide in gas output, has been seeking foreign partners to revive and reverse the fortunes of its oil and gas industry.
While often associated with smaller discoveries, subsea tiebacks are playing a growing role in contributing to the broader energy mix.
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Formerly titled E&P Notes, this monthly snapshot of global E&P activity highlights ongoing developments worldwide. -
Hydraulic fracturing holds great potential in the region, but there are several key questions worth asking as efforts move forward.
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Saipem can begin early subsea engineering on ExxonMobil’s Longtail project in Guyana under a Limited Notice to Proceed, while the operator awaits final investment decision and government sign-off.
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Three wind projects planned to produce around 300 MW have entered the execution phase under a partnership with OMV Petrom and RNV Infrastructure.
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The Orange Basin and Gulf of Guinea will see most of the high-impact drilling activity planned this year in Africa.
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Agreements create long-term frameworks to advance offshore Suriname developments, aiming to streamline project delivery, reduce costs, and accelerate field development through early integration across the project life cycle.
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ExxonMobil will retain its equity stakes in ongoing Bass Strait projects even as it hands off its operatorship responsibilities to Woodside Energy.
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The North Sea project, which is sending production to the nearby Ivar Aasen platform, came online 9 months ahead of schedule.
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In this study, forward simulation is executed by a commercial reservoir simulator while external code is developed for backward calculations.
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Updates about global exploration and production activities and developments.
