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 transaction is part of a broader strategy by Eni to reduce its oil portfolio in favor of natural gas.
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The deal is expected to support the liquefied natural gas exporter’s Sabine Pass liquefaction expansion project.
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The contractor will see the delivery of its first subsea production systems to Azule Energy.
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A flurry of activity has resulted in several long-term contract extensions.
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Qatar’s newest partnership in the North Field East expansion project boosts China’s expected new deliveries of LNG by another 4 mpta.
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The 500-million bbl find in the Mexican Gulf is expected online in 2028.
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Cash from the Japanese transport specialists will be used to bring Deflin FLNG vessels to FID.
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This paper presents an integrated system for fracturing optimization using real-time and historical data along with organizational knowledge and the challenges and key considerations of implementing such a system.
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The paper describes the development of an alkaline/surfactant/polymer formulation for the Mangala field in India, which involved more than 30 corefloods.
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Grupo Carso is securing a significant interest in the field ahead of final investment decision.