Field/project development
The Loran Phase 2 license award builds on BP’s growing presence in Venezuela as it seeks to develop offshore projects, particularly shared fields near Venezuela’s maritime border with Trinidad and Tobago.
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.
Gran Tierra 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.
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The $900-million purchase will give Woodside a US LNG footprint and expand the operator’s LNG presence. -
The field is expected to begin production in 2027 using a normally unattended platform and eight development wells.
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First three wells of deepwater Gulf of Mexico project expected to jointly produce 22,000 BOE/D to the nearby host facility.
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This paper details how the reservoir modeling workflow can be accelerated, and uncertainty reduced, even for challenging greenfield prospects by constructing multiple small fit-for-purpose integrated adaptive models.
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As Azerbaijan prepares to host COP29, JPT looks back at how the country prospered for millennia on its largess of oil and gas and its unique geography along the ancient Silk Road that today is traversed by pipelines delivering gas and oil to Europe from the depths of the Caspian Sea.
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Contractor will conduct front-end engineering of a first-of-its-kind all-electric subsea production system.
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Startup work at Shell’s North Sea redevelopment project is on track to commence later this year.
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Gas production from the field will be supplied to both the local market and the Nigeria LNG plant.
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The EPCI contract will see a new water-injection pipeline added to the complex.
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The shallow-water find will be developed using two new platforms, export pipeline with a first-oil target in late 2025.
