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.
-
Project expects a total of 19 additional modules to arrive on site during 2025.
-
This paper discusses the effect of injected-polymer viscosity on various aspects of a project, from recovery to surface facilities, including both theoretical arguments and practical field experience—which do not always align.
-
This study leverages oil-fingerprinting technology and geochemical data to evaluate the fluid connectivity between a main field and its stepout wells.
-
This work proposes a method to interpret far-field strain-change and pressure data to quantify fracture connectivity and properties at the cluster level.
-
Updates about global exploration and production activities and developments.
-
Once labeled “undrillable,” Brazil’s heavy-oil Atlanta field in the Santos Basin faced technical, financial, and logistical challenges. But through a phased approach, clever reuse of assets, and disciplined project execution, Brava Energia transformed a risky deepwater asset into a producing field with 172 million BOE in 2P reserves.
-
The emergency permitting rules aim to accelerate geothermal energy development. Ormat Technologies' three Nevada projects will be the first to benefit from the streamlined process, with environmental reviews cut from years to weeks.
-
Glenfarne has launched a strategic process to partner with global firms that can support execution and offer complementary expertise for the Alaska LNG project.
-
FPSO is the fourth unit to go online in the deepwater pre-salt Mero field in 3 years.
-
The Göktepe-3 discovery boosts Turkey’s gas reserve estimates by 10%, supporting Ankara’s ambitions to become a regional gas export hub.