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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Lebanon hopes to join the club of EastMed gas producers as TotalEnergies and its partners spud an appraisal well near Beirut’s maritime border with Israel where gas is already being produced. -
Woodside confirms key contracts for deepwater Mexican Gulf development.
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Norwegian energy company Equinor has acquired a 25% stake in the Bayou Bend CCS project from Houston-based Carbonvert.
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The contractor will install flexible pipe and subsea structures on the field in Block 17 offshore Angola.
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The Exxon-lead consortium, which includes Hess and the China National Offshore Oil Corporation as partners, will present a field development plan to the Guyana government in October for the Whiptail field.
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Advanced aerial imagery—be it collected from drone, satellite, or fixed-wing aircraft—is one of the best options available for securing the critical information needed to run things smoother in the oil field.
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Work is to be executed offshore Congo, the US Gulf of Mexico, Romania, and Germany.
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New Fortress Energy has installed the first of three jackup-based LNG units at the Altamira site.
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The final investment decision for the 2016 discovery is expected to come in early 2024.
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This paper describes an effort to increase value creation in Troll Phase 3 by reducing the pressure drop along the value chain from the reservoir through the wells, subsea systems, pipeline, and tieback.
