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.
-
The first wells from the current North Sea development project are expected online in 2026.
-
Chiyoda, CB&I discussing how to complete the expansion project, which is expected online this year.
-
TotalEnergies announced on 21 May the final investment decision for the deepwater Kaminho project offshore Angola, aiming for first oil by 2028.
-
The operator remains on track to green light the nearby Kaskida find before year-end.
-
The inaugural SPE Workshop on CCUS Management in China was held in April in Qingdao. The workshop highlighted recent advances and technical challenges in CCUS management and attracted 104 attendees representing 19 organizations from eight countries.
-
The agreement puts an early contractual framework in place for closer collaboration sooner on the project pair.
-
This paper presents the design and development of a prototype intelligent water-injection and smart allocation tool aimed at achieving autonomous waterflood operations.
-
This paper described the use of digital twin technology to identify design modifications required at an onshore site and visualize proposed offshore assets for a Trinidad and Tobago development.
-
Intelligent technology plays a role in applications ranging from design to completions to data management and most points in between. However, this feature topic is devoted to SPE papers that discuss system-oriented innovations to increase production, reduce costs, and decrease risk.
-
This paper describes the engineering design and operational execution practices that supported setting of a new extended-reach world record in a mature carbonate field offshore Abu Dhabi.