Field/project development
Plans call for license partner Aker BP to serve as operator during the development phase, with operatorship reverting to DNO after first oil in 2028.
In lifting force majeure, TotalEnergies says it will restart construction on its Mozambique LNG project as soon as the government agrees to a revised budget and schedule that targets shipping first product in 2029.
The supermajor says it aims to start appraisal activities in 2027 and is evaluating development possibilities for the deepwater find offshore Brazil, which is the company’s largest discovery in 25 years.
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A new paper from ADI Analytics examines the circumstances in which natural gas could become an attractive method for fueling oilfield equipment. -
Equinor submitted the development plan for Phase 2 of the Johan Sverdrup project on 27 August with an increased resource estimate and a cut of NOK 6 billion in investment costs.
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The US Army of Corps of Engineers pulled the permit application after the company requested an extension on a review deadline for the project, which could accommodate up to 6 million tons of LNG production annually.
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The company will manage the position-keeping for the deepwater project offshore Nigeria, which is scheduled to start production later this year.
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The rise of cube developments in the Permian Basin has introduced a new way of thinking for some of the region’s biggest players.
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Sanctioned in 2014, the project is the largest deepwater offshore development in Angola. It will produce an estimated 230,000 BOPD from six different fields at peak.
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The contract covers the installation of umbilicals, flying leads, and manifolds for the project, which aims to expand and upgrade subsea facilities for the gas field located offshore western Australia.
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Mozambique Rovuma Venture submitted the development plan for the first phase of the project, which will produce, liquefy, and market natural gas from the Mamba fields located in the Area 4 block offshore Mozambique. An FID is scheduled next year, with production expected to begin in 2024.
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The offshore export terminal, capable of accommodating very large crude carriers, could provide access to international markets in Asia and Europe—and higher prices—for Permian, Cushing, and Eagle Ford crude oil.
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Scheduled for startup in 2022, the FPSO is expected to produce up to 220,000 BOPD on the development offshore Guyana. Liza is one of eight discoveries ExxonMobil has made in area.
