Field/project development
With $9.6 billion in assets in the market, the focus is shifting from who is exiting Southeast Asia to who is positioning for entry through acquisition, according to Rystad Energy.
Shell has reached FID on LNG Canada Phase 2, a major expansion that will double the Kitimat facility’s LNG export capacity to 28 mtpa and strengthen long-term supply to growing Asian markets.
This paper presents an approach for safe, efficient, and cost-effective legacy well reabandonment.
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This paper introduces a system that leverages sophisticated algorithms and user-friendly interfaces to tackle the challenge of developing complex, compartmentalized reservoirs effectively. -
This paper assesses the technical feasibility of geological carbon storage in the operator’s Brazilian brownfields, focusing on mature oil fields and associated saline aquifers.
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This paper describes an auto-adaptive workflow that leverages a complex interplay between machine learning, physics of fluid flow, and a gradient-free algorithm to enhance the solution of well-placement problems.
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As cutting-edge technologies unlock geothermal potential, Japan is channeling investments into powerhouse projects across the US, Indonesia, and New Zealand and priming its own reserves for a clean energy boom at home.
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Updates about global exploration and production activities and developments.
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Vår Energi and partners have officially sanctioned the Previously Produced Fields Project in the Greater Ekofisk Area. The redevelopment is expected to add high-value barrels starting in 2028, extending the production life of one of Norway’s key offshore regions.
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The company engineered, designed, and manufactured multiple internal floating roof systems and tank-top equipment packages for TotalEnergies’ new storage terminal in Equatorial Guinea.
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Fugro’s entry into the UK’s small modular reactor market follows its breakthrough in the US, where it secured a contract in February to perform a geoscience site investigation for the recommissioned Palisades Nuclear Power Plant in Michigan.
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The new development is estimated to hold 46 million bbl of recoverable oil and is planned to start up in late 2028.
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The project in the US Gulf is expected to add about 15,000 BOEPD to the deepwater Atlantis project at peak production.
