Field/project development
The new vessel P-78 will be deployed on the Buzios field in the Santos Basin offshore Brazil.
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.
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The construction of the Calcasieu Pass 2 liquefied natural gas facilities in Cameron Parish is scheduled to start this year. -
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.
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McDermott’s latest EPCI contract on Qatar’s North Field expansion focuses on subsea cabling and offshore/onshore pipelines to be fabricated locally.
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By initially ring-fencing Absheron’s gas for the domestic market, Azerbaijan will be able to export more of its overall gas production to Europe from across other projects.
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The contract awarded by MODEC is for the supply of gas technology equipment for installation on the project’s FPSO.
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The authors of this paper describe a solution using machine-learning techniques to predict sandstone distribution and, to some extent, automate the process of optimizing well placement.
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The drilling of the Berling field will begin in the third quarter of 2026, with gas and condensate production expected in 2028.
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The offering includes automatic evaluation of project economics and enhances collaboration to cut the time required for field development planning by up to 50%, according to the companies.
