Field/project development
The project partners and the Newfoundland and Labrador government reach agreement over life-of-field benefits, royalties, and an equity option, moving development toward sanction in 2027.
Operator started planning the development before it made its latest North Sea discovery.
The Middle East’s largest unconventional gas development officially begins production as Saudi Aramco targets 6 million BOE/D of gas and liquids capacity by 2030.
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The French producer has taken final investment decision on the deepwater Begonia field, plus natural gas and solar developments. -
ExxonMobil awarded the consortium the project management, engineering, and installation of the estimated 190-km pipeline.
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ExxonMobil LNG Asia Pacific will purchase 1.0 mtpa from Rio Grande LNG plant over a 20-year period.
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Schlumberger, Subsea 7 alliance will supply and install a subsea boosting system in GOM field.
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First production from the UK North Sea gas field is expected in the second half of 2025.
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Nations coming together with common interests and approaches to energy is a hallmark of the modern times. Nations in South America and the Caribbean are also joining the trend via strategic energy alliances as disclosed by the presidents of Guyana and Suriname at a recent conference in Suriname, Paramaribo.
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The supplemental environmental impact statement offers multiple ways forward for the stalled project.
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QatarEnergy has selected Shell as its fifth and final international partner on the expansion project.
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Something often talked about but rarely occurs is the reuse of an existing, but idled, production platform on a new field. LLOG wants to change that with ambitions to rejuvenate the former Independence Hub floating production system for use on its Leon/Castile project in the deepwater Gulf of Mexico.
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The Mammoth project follows the company’s proven Orca model but will scale up the CO2 capture capacity to 36,000 tons per year.
