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.
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Fervo Energy proved fracturing can harvest geothermal energy and is now rapidly learning to build a utility-scale power plant.
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Since the late 1930s, the offshore industry has advanced from the first platform in 14 ft of water to the ultradeepwater 20K era. Driven by seismic, drilling, and development breakthroughs, the industry has pushed into deeper waters, high-pressure reservoirs, and new frontiers like Guyana, continually expanding the limits of offshore exploration.
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By the end of 2025, a floating wind turbine will supply power to the operator’s Culzean platform in the Central North Sea.
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Investment in the Kingfisher and Tilenga upstream projects together with the East African Crude Oil Pipeline and a new refinery represents a $20-billion economic lift to the country.
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The operator will move forward with its multibillion-dollar Northern Hub project while planning for additional exploration drilling in the region.
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At peak, annual production from the two fields offshore Italy is expected to reach 1.5 Bcm.
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Partners in Arrow Energy, Shell, and PetroChina expect to drill 2,500 new gas wells over 27 years to feed the Queensland Curtis LNG plant.
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NextDecade taps Bechtel for $4.3-billion turnkey EPC for Train 4 of the Texas plant, but a federal appeals court hits a partial reset button.
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New deal will help fund Cheniere’s Sabine Pass Expansion Project and add 7 mtpa of LNG capacity to the Louisiana plant.
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India’s state oil company is accepting proposals from potential technical service partners until 15 September for EOR projects in the Arabian Sea.