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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Anchored by the Khaleesi-Mormont and Samurai fields, the King’s Quay FPS will receive and process up to 80,000 B/D of crude oil. -
Worley gets the nod for commissioning and hook-up then hand-off to BP.
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Stork, part of Fluor’s Diversified Services segment, was awarded a contract extension by Centrica Storage Ltd to continue providing fabric maintenance and associated services for the company’s UK onshore and offshore oil and gas assets.
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Lundin reports that the hookup and commissioning of installed facilities at the large North Sea field is progressing as planned. Phase 1 startup is still scheduled for November.
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Phase 1 production from the deepwater US Gulf of Mexico field is expected to reach 30,000 BOPD. The field contains an estimated 5 billion bbl of oil in place.
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Saudi Aramco awarded a contract* to McDermott International for engineering, procurement, construction, and installation (EPCI) services in the Marjan and Zuluf fields, offshore Saudi Arabia.
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The Independent Project Analysis recently reached out to its clients to understand why digitalization tools are so burdensome for projects organizations to implement.
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Up to 55,000 BOE/D of output is expected from the ExxonMobil-operated Bajo del Choique-La Invernada block in the Argentine shale play, with a possible second phase producing up to 75,000 BOE/D.
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