Field/project development
TotalEnergies has signaled its intent to reenter Venezuela after a 5-year absence, while Halliburton has teamed up with Brazil’s independent natural gas operator Evena and Venezuelan engineering firm WESCA to also assess business opportunities.
With funding opportunities improving, developers and researchers are focused on shortening project learning cycles and reducing uncertainty to attract more capital and speed deployment.
The US Department of Energy has awarded more than $99 million to 21 projects that will advance geothermal development through field-scale testing of next-generation technologies and exploration drilling programs across the US.
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Woodside’s $12-billion gas project offshore Western Australia is expected to produce up to 8 mtpa once it’s complete. -
Engineering, procurement, construction, and installation awards made at the end of 2025 are expanding Saipem’s role in Turkey’s two largest offshore gas fields, plus Saudi Arabia’s Berri, Abu Safah, and Marjan oil fields and Qatar’s North Field gas giant in the Persian Gulf.
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The platform brings the field’s installed production capacity to 1.5 million BOPD.
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This paper describes a data-driven well-management strategy that optimizes condensate recovery while preserving well productivity.
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This paper addresses the difficulty in adjusting late-stage production in waterflooded reservoirs and proposes an integrated well-network-design mode for carbon-dioxide enhanced oil recovery and storage.
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This paper introduces a system that leverages sophisticated algorithms and user-friendly interfaces to tackle the challenge of developing complex, compartmentalized reservoirs effectively.
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This paper assesses the technical feasibility of geological carbon storage in the operator’s Brazilian brownfields, focusing on mature oil fields and associated saline aquifers.
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Updates about global exploration and production activities and developments.
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This paper describes an auto-adaptive workflow that leverages a complex interplay between machine learning, physics of fluid flow, and a gradient-free algorithm to enhance the solution of well-placement problems.
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As cutting-edge technologies unlock geothermal potential, Japan is channeling investments into powerhouse projects across the US, Indonesia, and New Zealand and priming its own reserves for a clean energy boom at home.
