Field/project development
Saipem has launched offshore operations in Suriname, while Repsol is expanding exploration efforts in Venezuela and partnering with MOL Group and TPAO in the Mediterranean. Petronas, Shell, and Murphy Oil reported new discoveries in Suriname, Namibia, and Côte d’Ivoire, respectively, as Occidental acquired a stake offshore Trinidad and Tobago and BP began gas producti…
The next wave of unconventional growth will likely come from basins in Argentina, the Middle East, Australia, and elsewhere, fueled by expertise gained from shale plays in North America.
The $5.1 billion ultradeepwater project is Angola’s first integrated cross-block development and sits at the top of Azule’s Southern African portfolio.
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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. -
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.
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The investment underscores ExxonMobil’s pivot to Nigeria’s offshore after it finalized the divestiture of its onshore assets in the country.
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Operator targets first oil 30 months after field sanction of $1.5 billion heavy-oil project that will use a refurbished wellhead platform and FPSO.
