Field/project development
ExxonMobil and QatarEnergy’s MoU with Cairo to monetize Cyprus’ offshore Glaucus and Pegasus natural gas supports Egypt’s strategy to become the Eastern Mediterranean’s leading gas processing and LNG export hub.
Thanks to stepout-well and tieback technologies, Shell’s Mars platform is the first single offshore platform in the US Gulf to produce 1 billion bbl of crude over its lifetime with production expected to continue into the 2040s.
BP said it expects to keep the Azeri-Chirag-Gunashli (ACG) project in production into the 2040s by tapping into separate nonassociated gas reservoirs.
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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. -
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.
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The company says the field has achieved a 25% production capacity increase through the user of advanced digital technology.
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The KRI has become a significant player in the oil and gas industry. The authors use production data from key fields to explore the factors influencing both individual fields and overall production. An overview of the challenges and milestones in the region’s oil and gas sector from 2014 to 2023 enhances understanding of its evolution, current status, and future oppor…
