Field/project development
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.
The new development is estimated to hold 46 million bbl of recoverable oil and is planned to start up in late 2028.
The project in the US Gulf is expected to add about 15,000 BOEPD to the deepwater Atlantis project at peak production.
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This work proposes a method to interpret far-field strain-change and pressure data to quantify fracture connectivity and properties at the cluster level. -
Updates about global exploration and production activities and developments.
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Once labeled “undrillable,” Brazil’s heavy-oil Atlanta field in the Santos Basin faced technical, financial, and logistical challenges. But through a phased approach, clever reuse of assets, and disciplined project execution, Brava Energia transformed a risky deepwater asset into a producing field with 172 million BOE in 2P reserves.
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The emergency permitting rules aim to accelerate geothermal energy development. Ormat Technologies' three Nevada projects will be the first to benefit from the streamlined process, with environmental reviews cut from years to weeks.
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Glenfarne has launched a strategic process to partner with global firms that can support execution and offer complementary expertise for the Alaska LNG project.
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FPSO is the fourth unit to go online in the deepwater pre-salt Mero field in 3 years.
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The Göktepe-3 discovery boosts Turkey’s gas reserve estimates by 10%, supporting Ankara’s ambitions to become a regional gas export hub.
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Equinor said it plans to restart construction on the project, which currently is 30% complete.
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Floatover topsides installation is the latest milestone in Woodside's $12.5 billion gas project.
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Operator Cenovus expects the concrete gravity structure to be moved in June, first oil to be produced in Q2 2026.
