Field/project development
As Africa’s top oil producer, Libya is ramping up momentum—offering 22 exploration areas and welcoming BP back to Tripoli with a major deal.
Electricity produced onshore powers oil production at Johan Sverdrup holding CO₂ emissions at only 5% of the global average.
Shell became the first international company to operate producing fields offshore Brazil and the first to navigate the country’s complex and detailed decommissioning permitting process, which involved extensive environmental assessments, regulatory approvals, and coordinated stakeholder engagement.
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Floatover topsides installation is the latest milestone in Woodside's $12.5 billion gas project. -
Operator Cenovus expects the concrete gravity structure to be moved in June, first oil to be produced in Q2 2026.
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The investment underscores ExxonMobil’s pivot to Nigeria’s offshore after it finalized the divestiture of its onshore assets in the country.
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Operator targets first oil 30 months after field sanction of $1.5 billion heavy-oil project that will use a refurbished wellhead platform and FPSO.
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FLNG vessels will handle gas from the Vaca Muerta formation when they go online in 2027 and 2028 offshore Argentina.
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Contractor will moor the production semisub in the Keathley Canyon area of the US Gulf of Mexico.
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Updates about global exploration and production activities and developments.
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The rapid development of oil and gas intelligent operations depends on artificial intelligence, automation, and data analytics to achieve optimal conditions in oil and gas operations.
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The authors of this paper write that the use of high-angle wells through anisotropic shale formations represents a promising approach to improving oil recovery while reducing the overall number of wells required.
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This paper highlights the continuous improvement of multilateral technology used in the Middle East by demonstrating how the application of a multilateral well strategy is a proven and reliable method to reduce time-intensive operations.
