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 contract awarded by MODEC is for the supply of gas technology equipment for installation on the project’s FPSO.
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The authors of this paper describe a solution using machine-learning techniques to predict sandstone distribution and, to some extent, automate the process of optimizing well placement.
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The drilling of the Berling field will begin in the third quarter of 2026, with gas and condensate production expected in 2028.
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The offering includes automatic evaluation of project economics and enhances collaboration to cut the time required for field development planning by up to 50%, according to the companies.
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The transaction is part of a broader strategy by Eni to reduce its oil portfolio in favor of natural gas.
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The deal is expected to support the liquefied natural gas exporter’s Sabine Pass liquefaction expansion project.
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The contractor will see the delivery of its first subsea production systems to Azule Energy.
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A flurry of activity has resulted in several long-term contract extensions.
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Qatar’s newest partnership in the North Field East expansion project boosts China’s expected new deliveries of LNG by another 4 mpta.
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The 500-million bbl find in the Mexican Gulf is expected online in 2028.