Field/project development
While discussions on the commercial terms for gas sales continue, the release of the jackup rig intended to drill production wells calls into question Shell’s plans for first gas in 2027.
As Egypt’s largest oil and gas investor, Eni is ramping up its 2026–2027 drilling campaign with new investments cross the Mediterranean offshore, Nile Delta, Western Desert, and offshore Sinai to strengthen the country’s role as a regional gas and LNG export hub.
This paper presents a case study from a mature field redevelopment project where pulsed neutron logging was integrated with advanced reservoir modeling to improve the understanding of fluid-contact dynamics and optimize new horizontal well placement.
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Discovered in 2010, the Búzios field offshore Brazil achieved a new milestone with the installation of its sixth production facility. -
In a deal described as possibly "one of the most important transactions BP has done in 20 years" by CEO Murray Auchincloss, the company has agreed contractual terms with the Iraqi government to invest in drilling and infrastructure to rehabilitate and boost production at the Kirkuk oil field.
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Fresh permit will allow the project to move forward towards FID this fall, first production expected in early 2029.
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The Tiber FPU is expected to follow the Kaskida hub currently being built in Singapore.
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Closed-loop geothermal systems have entered the new-energy arena to generate electricity using the underground as a heat exchanger.
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Upgraded sour-gas injection and a new third-generation processing plant are key to keeping supergiant Tengiz producing for years to come.
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The new Sevan-designed cylindrical FPSO is expected to flow 45,000 BOE/D at peak.
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A Shell partnership with YPF marks a significant milestone for the Argentina LNG export facility, raising new questions about the nation’s potential to unlock the economic power of its vast shale reserves.
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Diversified Energy announces its largest deal yet to buy private equity-owned Maverick Natural Resources.
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International majors showing new interest in Iraq as China scoops blocks in Baghdad’s most recent bid rounds.
