Field/project development
After a record year for LNG project approvals in 2025, multiyear repairs to war-damaged liquefaction facilities in Qatar and the UAE threaten to slow the growth of global LNG capacity.
The declaration builds on a memorandum of understanding the partners signed with Egypt in May to process Block 10 gas at the country’s LNG export and domestic gas facilities.
Alongside the new subsea awards, Equinor strengthened its position in the 400-million-bbl Bay du Nord development by acquiring BP’s interest in the project.
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Operator Cenovus expects the concrete gravity structure to be moved in June, first oil to be produced in Q2 2026. -
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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This paper describes the operator’s digital-twin end-to-end production system deployed for model-based surveillance and optimization.
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This paper highlights nontraditional methods to cure oil-based-mud losses in horizontal wells drilled in unconventional plays.
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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 presents a continuous passive magnetic ranging technique that can provide real-time distance and direction to the offset well while drilling without interrupting drilling operations.
