Field/project development
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.
ExxonMobil’s Letter of Intent to begin preliminary engineering and procurement work for Mozambique’s Rovuma LNG project bridges the development to a final EPC contract, which Area 4 partners are expected to award following an FID anticipated by year-end 2026.
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Thanks to stepout-well and tieback technologies, Shell’s Mars platform is the first single offshore platform in the US Gulf to produce 1 billion bbl of crude over its lifetime with production expected to continue into the 2040s. -
BP said it expects to keep the Azeri-Chirag-Gunashli (ACG) project in production into the 2040s by tapping into separate nonassociated gas reservoirs.
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INEOS Energy and Shell have partnered to invest in Gulf of Mexico exploration, while Eni reported strong productivity from its Geliga 1 discovery in Indonesia. Santos is advancing its Agogo project in Papua New Guinea, and ConocoPhillips received approval to redevelop several previously producing oil fields in Norway’s Greater Ekofisk Area.
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This paper details a new enhanced oil recovery method piloted successfully by several operators in the Bakken and recently implemented in the Midland play of the Permian Basin.
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This paper describes the use of encapsulated polymer technology to address the issues of shear degradation and injectivity integrity faced in the application of polymer flooding in an offshore development context.
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The companies will work together to increase future production and value creation at their respective assets in the Norwegian Continental Shelf.
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After a decade and a half of declining production, Uzbekistan, ranked 15th worldwide in gas output, has been seeking foreign partners to revive and reverse the fortunes of its oil and gas industry.
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While often associated with smaller discoveries, subsea tiebacks are playing a growing role in contributing to the broader energy mix.
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AI‑driven data center growth is straining US power grids and accelerating interest in enhanced geothermal systems as a scalable, low‑carbon solution.
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Hydraulic fracturing holds great potential in the region, but there are several key questions worth asking as efforts move forward.
