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.
-
The Biden administration has appealed a district court decision to restart oil and gas leasing programs in the US. -
The contracts will cover concept and other project engineering services for at least the next 5 years.
-
The contractor was tapped by Chevron Australia and Aker Solutions to provide power from shore to the Jansz-Io field offshore Australia.
-
Service company was previously awarded a similar scope of work related to Shell's Vito project in the US Gulf.
-
The facility is the second delivered under Aker BP’s platform alliance designed to use a more integrated project delivery model.
-
Brazil has plans to create a competitive gas market. Equinor is operating two big projects that could offer a model for how a company not named Petrobras could market gas produced offshore.
-
US Gulf project will use a similar floating solution to the operator’s Vito project due onstream next year.
-
Chevron is having to drill a fifth production well at Israel’s Leviathan natural gas and gas-condensate field to keep production ahead of rising demand, driven by exports to Egypt’s growing LNG hub.
-
The Zama field was once considered the ideal result of Mexico's energy reforms that sought to bolster the country's oil and gas output by inviting private companies to participate in the energy sector.
-
The Gorgon gas project will consist of a new floating field-control station and subsea compression infrastructure.
