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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This paper reviews lean construction management processes adopted in the Apani Field development, from facility design to construction management and drilling-location preparation. -
This paper presents an efficient mathematical optimization method for well placement that maximizes contact with the productive zones for the best locations in the reservoir.
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The initial phase of the carbon capture and storage project has a capacity of 1.5 million tonnes per year, with a second phase—due online in 2028—expected to bring the storage capacity to 5 million tonnes per year.
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The operator estimates discovering more than 96 million BOE of recoverable volumes with its latest Norwegian North Sea exploration activity.
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NewMed has targeted the fourth quarter of 2025 to declare a final investment decision (FID) on Phase 1B of the Chevron-operated Leviathan gas project expansion after striking Israel’s largest ever gas export deal.
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TotalEnergies, Global Infrastructure Partners, and NextDecade divvy up Train 4 stakes ahead of an expected FID in September.
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The Japanese company ratcheted up the competitive nature of contracting for a floating production, storage, and offloading vessel and an onshore liquefied natural gas plant for the Abadi project by announcing dual front-end engineering design (FEED) contracts.
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Deepwater Yellowtail project, onstream 4 months ahead of schedule, is expected to produce an average of 250,000 BOPD.
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Azule’s new FPSO is the first in the world to feature a pilot carbon capture and storage unit that sequesters CO₂ from onboard gas-turbine exhaust.
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The number of high-impact wells drilled across the globe this year are expected to be on trend with the most recent 5-year average.
