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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After becoming the first oil and gas major to source all its onshore grid electricity needs from nuclear and solar energy, ADNOC now focuses on decarbonizing production offshore. -
The award to Norway’s Longitude Engineering covers deepsea design and engineering services for Phase 10 of Egypt’s West Delta Deep Marine Concession.
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Two supermajors exit California, and the US put the brakes on permits to export LNG.
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This paper presents a case study on injectivity tests to prove the concept of carbon capture, use, and sequestration capability, describing the design of surface and downhole testing systems, lessons learned, and recommendations.
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Fresh commitments cover expansion work on the Al-Shaheen field that is expected to add 100,000 B/D of oil production once completed.
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COP28’s “last in, last out” approach lets developing countries profit from oil and gas now to invest later in a clean energy future.
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The operator was the successful bidder on former shallow-water assets of Cox Oil, Energy XXI, and others.
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The contractor was tapped by Offshore Frontier Solutions to provide electrical systems and associated digital solutions for ExxonMobil’s fifth FPSO in the region.
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The contractor will be responsible for both pipeline and platform installation related to Petronas’ ambitious CCS project offshore Sarawak.
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The 100 million BOE-plus find will be tied back to the Heidelberg spar.
