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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Technical advancements and innovative solutions have played a key role in the successful journey of sustainability of deepwater developments. These concepts will remain a catalyst for these assets for the next decades, provided the availability of appropriate resources and executive vision. -
This paper describes a successful U-turn trajectory test in South Texas that has created new economic project opportunities for the company and increased optionality within challenged lease spaces across the field.
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The last couple of years, I have highlighted efforts around remote operations of fields, smart wells, and the acquisition and integration of real-time data. This year, I have focused on recent drilling-related papers that highlight how safety and performance can be improved with more-intelligent operations.
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The operator's latest deepwater platform is unlike any the company has built before—diminutive by design.
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The decision comes after an environmental review showed that the floating production, storage, and offloading vessel-based development was unlikely to cause negative environmental effects.
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The authors develop a methodology that calculates the mechanical specific energy using real-time drillstring acceleration signals directly.
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As the number of discoveries goes down and headwinds increase, the days of the US Gulf of Mexico megaproject could be numbered.
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Reservoir's permeability prompted a lower peak production estimate at deepwater field.
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Oilfield services giant is the latest to receive a contract related to TotalEnergies’ $10-billion Ugandan development.
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Deal between P’nyang partners and independent state a step forward for the proposed development of the P’nyang LNG project.
