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 work covers integrated well construction services for the Búzios field off Brazil.
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The EPCI contract scope includes 20K-psi-rated subsea tree systems.
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BP will offer up development concessions while ADNOC will provide cash for growth opportunities.
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ExxonMobil’s Liza Phase 1 and Phase 2 project and ADNOC’s CCUS Evolution Journey were the winners at the conference taking place this week in Dhahran.
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After becoming the first oil and gas major to source all its onshore grid electricity needs from nuclear and solar energy, ADNOC now focuses on decarbonizing production offshore.
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The award to Norway’s Longitude Engineering covers deepsea design and engineering services for Phase 10 of Egypt’s West Delta Deep Marine Concession.
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Two supermajors exit California, and the US put the brakes on permits to export LNG.
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This paper presents a case study on injectivity tests to prove the concept of carbon capture, use, and sequestration capability, describing the design of surface and downhole testing systems, lessons learned, and recommendations.
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Fresh commitments cover expansion work on the Al-Shaheen field that is expected to add 100,000 B/D of oil production once completed.
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COP28’s “last in, last out” approach lets developing countries profit from oil and gas now to invest later in a clean energy future.