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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Operator also moves forward with electrification of the Njord field.
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Boosting gas production from Israel’s Tamar offshore gas field, combined with gas from the neighboring Leviathan field, will further the ambitions of both Israel and Egypt in the Eastern Mediterranean.
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Development of these offshore fields carries a combined price tag net to Aker BP of $19 billion.
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This year has seen the highest amount of capacity sanctioned since 2010.
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The deal awards the first concession in the Middle East for unconventional oil resources.
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A pair of innovative field development strategies are helping tame the wild, wild Permian Basin.
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I would like to highlight the following works as promising technological developments for production and facilities: innovative measurement techniques, improvements to drilling safety, new developments in piping inspection, and a very interesting study of triangular vs. circular cross-sectional pipes.
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The standalone FPSO destined for Senegal’s first offshore oil development is on its way to a Singapore yard for topsides integration and commissioning.
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Cassia C is BP Trinidad and Tobago's first offshore compression platform.
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The subsea partners secured a contract for the Cypre gas project offshore Trinidad and Tobago.