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 illustrates a case study from a greenfield oil development in Sarawak that is planned for a fit-for-purpose development scope to create value and develop oil resources in a phased manner within 4 years of project framing.
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The authors present a countrywide benchmarking of ultimate recovery factor for oil reservoirs in Kuwait. -
Woodside and BHP make final investment decision on $12 billion offshore development and additional LNG train in Australia. The approval on Monday came at the same time the operators signed an agreement to merge BHP’s petroleum unit into Woodside, originally announced in August.
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SBM will supply the FPSO and TechnipFMC will supply more than 50 subsea trees and a dozen manifolds for the project offshore Guyana.
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Companies join forces in carbon capture project near LNG facility.
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The new production vessel will be installed at the state oil company’s Parque das Baleias complex.
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Africa’s first floating LNG facility will be towed from South Korea to its new home on the Coral South project.
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Norwegian oil firm chooses Aker, Sevan, TechnipFMC and others to continue studying $8-billion-plus Barents Sea development.
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Oil production from West Africa has fallen from last year’s depressed levels and will remain down without increased investment.
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Shell’s sibling solutions for its Vito and Whale deepwater US Gulf developments are proving the “design one, build two” model can work.
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Over the past 30 years Caspian nations such as Azerbaijan and Kazakhstan have built thriving economies on oil and gas wealth led by global energy companies and a handful of megaprojects. As times change, that model may need to be reassessed.
