Field/project development
The sale of Woodside’s Calypso stake to BP completes the company’s withdrawal from Trinidad and Tobago after decades of operations in the country.
ExxonMobil’s Letter of Intent to begin preliminary engineering and procurement work for Mozambique’s Rovuma LNG project bridges the development to a final EPC contract, which Area 4 partners are expected to award following an FID anticipated by year-end 2026.
Beetaloo Energy and Halliburton have signed an MOU to advance Beetaloo Digital, a proposed gas-powered AI data center hub in Australia’s Northern Territory that could create a new long-term market for Beetaloo Basin gas.
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By boosting gas supplies to Egypt’s home market, Cairo can return its focus to developing an LNG export hub.
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The Norwegian operator engaged BW Offshore and Altera Infrastructure to take a run at a development scheme for the project.
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Of the 53 licenses awarded, 33 are in the North Sea, 19 in the Norwegian Sea, and one in the Barents Sea.
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Ruwais is slated to be the first net-zero LNG facility in the Middle East and North Africa.
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The new wells at Zohr are key to a plan to return Egypt’s gas production back to “pre-crisis” levels by June 2025.
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At peak, 100,000 BOE/D is expected to flow to the Whale production semisumbersible, which largely replicates the Vito semi.
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The Libyan National Oil Company plans to tender 22 onshore/offshore exploration blocks in 2025 as it works to rebuild credibility with foreign oil producers.
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As Southeast Asia’s third-largest gas producer, PTTEP is investing in its energy security by prioritizing gas production and building up a global LNG supply chain.
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The first two wells at Brava Energia’s Atlanta field are producing, with four more to be connected this year.
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In this study, artificial-intelligence techniques are used to estimate and predict well status in offshore areas using a combination of surface and subsurface parameters.