Field/project development
Saipem has launched offshore operations in Suriname, while Repsol is expanding exploration efforts in Venezuela and partnering with MOL Group and TPAO in the Mediterranean. Petronas, Shell, and Murphy Oil reported new discoveries in Suriname, Namibia, and Côte d’Ivoire, respectively, as Occidental acquired a stake offshore Trinidad and Tobago and BP began gas producti…
The next wave of unconventional growth will likely come from basins in Argentina, the Middle East, Australia, and elsewhere, fueled by expertise gained from shale plays in North America.
The $5.1 billion ultradeepwater project is Angola’s first integrated cross-block development and sits at the top of Azule’s Southern African portfolio.
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US Gulf project will use a similar floating solution to the operator’s Vito project due onstream next year.
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Chevron is having to drill a fifth production well at Israel’s Leviathan natural gas and gas-condensate field to keep production ahead of rising demand, driven by exports to Egypt’s growing LNG hub.
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The Zama field was once considered the ideal result of Mexico's energy reforms that sought to bolster the country's oil and gas output by inviting private companies to participate in the energy sector.
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The Gorgon gas project will consist of a new floating field-control station and subsea compression infrastructure.
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The contractor will supply over 300 km of flexible pipe between four field developments offshore Brazil.
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The North Sea project is set to include 23 subsea, oil-producing wells tied into four subsea templates to tap an estimated 200 million bbl of oil.
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The discovery in the US Gulf of Mexico was tied back through a single well completion to existing infrastructure.
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The new field, which is tied back to the Na Kika platform, is expected to add over 20,000 B/D of new production at peak.
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The marine contractor will utilize its North Ocean 102 pipelay/lift vessel for the work at the Shenzi field.
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Energy trader Vitol will take 3 mtpa over a 10-year period.