Field/project development
Five agreements target more than 11 Tcf of offshore gas and include flare-reduction technology.
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.
-
The producer’s Lime Rock and Venice discoveries were brought on stream in late December. -
The facility is destined for Shell’s deepwater Gulf of Mexico development.
-
Located in the National Petroleum Reserve in Alaska, the Willow project is estimated to produce 180,000 BOPD at its peak.
-
This paper describes a revamped methodology for field-development strategy formulation, particularly for marginal hydrocarbon resources, by shifting the mindset toward designing with an aim to value in order to improve project viability.
-
FPSO Léopold Sédar Senghor will be deployed at Woodside’s Sangomar field.
-
The C-NLOPB has green-lit the supermajor’s plans to develop new sands within the field’s Jeanne d’Arc formation.
-
Production from the Sparta field is expected to start in 2028.
-
The Norwegian Sea discovery is the largest, undeveloped natural gas find on Norway’s Continental Shelf.
-
The operator also has increased its stake in the Kaikias field in the Mars basin.
-
The facility is destined for Equinor's Brazilian pre-salt development.
