Field/project development
The loan to Arena Energy will generate an estimated 38,600 B/D in new production from 22 platforms in the Gulf.
TotalEnergies signed off for 30% operated stakes in the Lang Lebah and B14 gas fields offshore Sarawak on the sidelines of ADIPEC in Abu Dhabi, while also highlighting methane-reduction partnerships in Angola, India, and Southeast Asia.
New rules requiring Mozambique’s LNG industry to supply 25% of production to the domestic market could stabilize gas deliveries to South Africa’s Secunda industrial center as the Pande and Temane gas fields near depletion.
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The contracts kick off another round of development in deep and ultradeep water off India’s east coast in the Bay of Bengal.
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Dutch leaders have voted to halt all future production from the large gas field due to seismic activity linked to extraction operations.
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The $6-billion Azeri Central East (ACE) platform is the first BP-operated offshore production facility controlled from onshore.
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Kampala is drawing now on international experience to sidestep the “oil curse” before first crude flows from its Lake Albert developments.
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The contractor will install the flowline and related subsea equipment later this year for the Talos Energy-led development.
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Operator TotalEnergies wants to rework the EPC contract packages after initial bids challenged project economics.
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Electric conversion of these offshore platforms is expected to cut about 1.2 million tonnes of CO₂ emissions per year.
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Samsung E&A takes home $6 billion of the total amount as EPC contractor.
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Contractor will design FPSO hull and related topsides facilities for the project located in the Santos Basin offshore Brazil
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A 44-well development tests what ConocoPhillips has learned about maximizing the value of the wells by figuring out how they drain the reservoir.