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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The Exxon-lead consortium, which includes Hess and the China National Offshore Oil Corporation as partners, will present a field development plan to the Guyana government in October for the Whiptail field.
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Advanced aerial imagery—be it collected from drone, satellite, or fixed-wing aircraft—is one of the best options available for securing the critical information needed to run things smoother in the oil field.
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Work is to be executed offshore Congo, the US Gulf of Mexico, Romania, and Germany.
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New Fortress Energy has installed the first of three jackup-based LNG units at the Altamira site.
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The final investment decision for the 2016 discovery is expected to come in early 2024.
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This paper describes an effort to increase value creation in Troll Phase 3 by reducing the pressure drop along the value chain from the reservoir through the wells, subsea systems, pipeline, and tieback.
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The construction of the Calcasieu Pass 2 liquefied natural gas facilities in Cameron Parish is scheduled to start this year.
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The Pickerel-1 well encountered 90 ft of high-quality oil-bearing Miocene reservoir and will be tied back to the Tubular Bells production facilities.
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The Irpa gas field, Verdande oil field, and Andvare production-well tiebacks will extend the lives of the mature Aasta Hansteen and Norne fields into the late 2030s.
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The $18.4 billion in project financing pledged to Rio Grande LNG represents the largest greenfield energy project financing commitment in US history.