Field/project development
Five agreements target more than 11 Tcf of offshore gas and include flare-reduction technology.
ExxonMobil and QatarEnergy’s MoU with Cairo to monetize Cyprus’ offshore Glaucus and Pegasus natural gas supports Egypt’s strategy to become the Eastern Mediterranean’s leading gas processing and LNG export hub.
Thanks to stepout-well and tieback technologies, Shell’s Mars platform is the first single offshore platform in the US Gulf to produce 1 billion bbl of crude over its lifetime with production expected to continue into the 2040s.
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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.
