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 contractor will install the flowline and related subsea equipment later this year for the Talos Energy-led development. -
Operator TotalEnergies wants to rework the EPC contract packages after initial bids challenged project economics.
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Electric conversion of these offshore platforms is expected to cut about 1.2 million tonnes of CO₂ emissions per year.
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Samsung E&A takes home $6 billion of the total amount as EPC contractor.
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Contractor will design FPSO hull and related topsides facilities for the project located in the Santos Basin offshore Brazil
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A 44-well development tests what ConocoPhillips has learned about maximizing the value of the wells by figuring out how they drain the reservoir.
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The Mexican state oil company turns to the bit in a bid to add meaningful reserves from the deep Mexican Gulf.
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This paper explains how an operator’s projects in the Vaca Muerta have become more-efficient and cost-effective by increasing production and reducing well-delivery-cycle time while fostering the long-term sustainability of the project.
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The authors challenge the traditional planning and execution of interventions, both from an operational and commercial standpoint, and examine where room exists for significant improvement in the industry
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This paper describes the potential, challenges, and opportunities of using a modified steam-assisted gravity drainage configuration in the Mukhaizna heavy oil field in suboptimal operating conditions.
