Field/project development
The Absheron gas field expansion will supply additional natural gas to Azerbaijan’s domestic market and support its export commitments to Turkey, allowing Baku to stay focused on meeting its gas export obligations to Europe.
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.
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The paper showcases the digital journey of a brownfield where digital solutions are enhancing recoverable volume, production, and process efficiency while minimizing losses and maximizing the return of investment. -
The rapid development of oil and gas intelligent operations depends on artificial intelligence, automation, and data analytics to achieve optimal conditions in oil and gas operations.
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The authors of this paper write that the use of high-angle wells through anisotropic shale formations represents a promising approach to improving oil recovery while reducing the overall number of wells required.
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Effective exploitation of deepwater assets, which often present extraordinary challenges, requires continuous flexibility, reflected in the approaches developed in these papers.
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Updates about global exploration and production activities and developments.
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First LNG at Tellurian’ asset known as Driftwood LNG before Woodside’s acquisition last year is expected in 2029.
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Using emergency procedures, the permitting timeline is expected to be significantly reduced, from years to weeks in some cases.
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The UK North Sea Transition Authority has awarded the required permits for the East Irish Sea project, and the project has reached financial close. The carbon capture and storage project is expected to receive its first carbon dioxide in 2028.
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Hammerhead, the seventh planned project offshore Guyana, is expected to reach FID later this year and go on-stream in 2029.
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ExxonMobil and Guyana expect to approach 1 million B/D of oil as the ONE Guyana vessel reaches the Stabroek block.
