Field/project development
The Absheron gas field expansion will supply additional natural gas to Azerbaijan’s domestic market and support its export commitments to Turkey, allowing Baku to stay focused on meeting its gas export obligations to Europe.
With $9.6 billion in assets in the market, the focus is shifting from who is exiting Southeast Asia to who is positioning for entry through acquisition, according to Rystad Energy.
Shell has reached FID on LNG Canada Phase 2, a major expansion that will double the Kitimat facility’s LNG export capacity to 28 mtpa and strengthen long-term supply to growing Asian markets.
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The deal marks the biggest injection into Libya's flagging oil and gas industry in 2 decades, but not everyone in the ruling government is on board. -
Projects in the running include one each from Nigeria, Saudi Arabia, and Guyana.
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The $80-million preconstruction services agreement covers onshore facilities of massive, multibillion-dollar sour-gas development.
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The French operator will tie satellite field back to existing FPSO, with first oil expected in around 2 years.
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At a time when there are many models vying to be the one used to evaluate and plan carbon storage sites, the US Department of Energy wants to test one developed by SPE members.
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Proposed energy projects needing US federal permits will come under increased scrutiny related to the scope and magnitude of potential emissions.
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The complete paper describes a combination of best practices and innovative techniques that help to provide rig-based and rigless opportunities by estimating potential and risk in a naturally fractured reservoir.
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The Marine XII area development could see 3 mtpa of LNG production by 2025.
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The results of well testing at Zeus-1 are being combined with results of testing at two other discoveries to create a plan for the fast-track development of the offshore block.
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NextDecade pushes the final investment decision on project to the first quarter of 2023.
