Field/project development
ExxonMobil and its Area 4 partners have awarded $1.1 billion in pre-investment contracts for long-lead upstream equipment supporting Mozambique's Rovuma LNG project. The awards, led by OneSubsea, mark a key step toward FID as development advances on ExxonMobil's largest global investment.
GranTierra will refocus its investment strategy to strengthen its portfolio in Canada and Azerbaijan while Maurel&Prom, majority owned by Pertamina’s international upstream arm, grows its South American footprint in Colombia and Ecuador.
The sale of Woodside’s Calypso stake to BP completes the company’s withdrawal from Trinidad and Tobago after decades of operations in the country.
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Australia’s H2Perth blue and green hybrid hydrogen project is expected to benefit from carbon credits from the offshore Bonaparte carbon storage facility where Inpex and TotalEnergies are drilling appraisal wells together with Woodside.
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This paper describes an alternative lower-completion concept for developing Lower Wilcox reservoirs referred to as high-angle multifractured well design.
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This study explores the feasibility of implementing in-situ carbon dioxide recycling for sequestration as a fit-for-purpose developmental strategy for a Malaysian gas field characterized by an initial carbon-dioxide content of approximately 60%.
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Updates about global exploration and production activities and developments.
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This paper discusses cases from the North Sea and offshore California in which high-fidelity pressure and dynamics measurements, combined with high-speed telemetry, helped overcome complex geotechnical challenges.
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The technology to desalinate and reuse produced water for cooling AI data centers in the Permian Basin exists, but addressing cost challenges remains critical to widespread adoption.
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The $5-billion Tiber-Guadalupe project in the Gulf of America is BP's second major project in the region to be sanctioned in 2 years.
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Smackover Lithium, an Equinor joint venture, will drill new wells on the Franklin project to get a better understanding of its brine makeup and lithium potential.
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Angola expects an 18% rise in natural gas production by 2030 as global producers invest in offshore exploration and new field development.
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The subsea field is part of the larger Snøhvit development in the Barents Sea.