Field/project development
Vår Energi ASA and partners have officially sanctioned the Previously Produced Fields Project in the Greater Ekofisk Area. The redevelopment is expected to add high-value barrels starting in 2028, extending the production life of one of Norway’s key offshore regions.
The company engineered, designed, and manufactured multiple internal floating roof systems and tank-top equipment packages for TotalEnergies’ new storage terminal in Equatorial Guinea.
Fugro’s entry into the UK’s small modular reactor market follows its breakthrough in the US, where it secured a contract in February to perform a geoscience site investigation for the recommissioned Palisades Nuclear Power Plant in Michigan.
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The discovery in the US Gulf of Mexico was tied back through a single well completion to existing infrastructure. -
The new field, which is tied back to the Na Kika platform, is expected to add over 20,000 B/D of new production at peak.
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The marine contractor will utilize its North Ocean 102 pipelay/lift vessel for the work at the Shenzi field.
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Energy trader Vitol will take 3 mtpa over a 10-year period.
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The operator is planning for an FPU in the Gulf of Mexico field that is capable of producing 100,000 B/D of oil.
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Total’s $5.1-billion Lake Albert development with CNOOC brings Uganda into the club of oil-producing nations while it positions the French major as the dominant player in African oil and gas.
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Pioneer Natural Resources is moving to complete its second major acquisition of another shale producer in less than 6 months.
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Partnership will move forward with the multibillion dollar Australian gas and condensate development.
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Once heralded as a major achievement of Mexico's energy reforms designed to entice foreign investment, control of the Zama field has been in dispute for 2 years and is now likely to be decided by industry regulators.
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The major rule change adopted this month also gives oil and gas producers a deadline to capture 98% of their produced gas by 2026.
