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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The operator was the successful bidder on former shallow-water assets of Cox Oil, Energy XXI, and others. -
The contractor was tapped by Offshore Frontier Solutions to provide electrical systems and associated digital solutions for ExxonMobil’s fifth FPSO in the region.
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The contractor will be responsible for both pipeline and platform installation related to Petronas’ ambitious CCS project offshore Sarawak.
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The 100 million BOE-plus find will be tied back to the Heidelberg spar.
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The project aims at boosting India’s domestic oil production by 11% and gas production by 15%.
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The project’s revised development plan now incorporates a carbon capture facility.
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Woodside Energy's Trion field offshore Mexico features a four-column semisubmersible FPU with a production capacity of 100,000 BOPD.
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The producer’s Lime Rock and Venice discoveries were brought on stream in late December.
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The facility is destined for Shell’s deepwater Gulf of Mexico development.
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Located in the National Petroleum Reserve in Alaska, the Willow project is estimated to produce 180,000 BOPD at its peak.
