Field/project development
Vår Energi ASA and partners have officially sanctioned the Previously Produced Fields Project in the Greater Ekofisk Area. The redevelopment is expected to add high-value barrels starting in 2028, extending the production life of one of Norway’s key offshore regions.
The company engineered, designed, and manufactured multiple internal floating roof systems and tank-top equipment packages for TotalEnergies’ new storage terminal in Equatorial Guinea.
Fugro’s entry into the UK’s small modular reactor market follows its breakthrough in the US, where it secured a contract in February to perform a geoscience site investigation for the recommissioned Palisades Nuclear Power Plant in Michigan.
-
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. -
The $18.4 billion in project financing pledged to Rio Grande LNG represents the largest greenfield energy project financing commitment in US history.
-
McDermott’s latest EPCI contract on Qatar’s North Field expansion focuses on subsea cabling and offshore/onshore pipelines to be fabricated locally.
-
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.
-
The contract awarded by MODEC is for the supply of gas technology equipment for installation on the project’s FPSO.
-
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.
-
The drilling of the Berling field will begin in the third quarter of 2026, with gas and condensate production expected in 2028.
-
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.
-
The transaction is part of a broader strategy by Eni to reduce its oil portfolio in favor of natural gas.
-
The deal is expected to support the liquefied natural gas exporter’s Sabine Pass liquefaction expansion project.
