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 French operator will tie satellite field back to existing FPSO, with first oil expected in around 2 years.
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At a time when there are many models vying to be the one used to evaluate and plan carbon storage sites, the US Department of Energy wants to test one developed by SPE members.
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Proposed energy projects needing US federal permits will come under increased scrutiny related to the scope and magnitude of potential emissions.
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The complete paper describes a combination of best practices and innovative techniques that help to provide rig-based and rigless opportunities by estimating potential and risk in a naturally fractured reservoir.
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The Marine XII area development could see 3 mtpa of LNG production by 2025.
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The results of well testing at Zeus-1 are being combined with results of testing at two other discoveries to create a plan for the fast-track development of the offshore block.
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NextDecade pushes the final investment decision on project to the first quarter of 2023.
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Aker BP submitted the NOAKA development plan along with 10 other investments on the Norwegian shelf that collectively represent one of the largest private industrial developments in Europe.
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Operator also moves forward with electrification of the Njord field.
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Boosting gas production from Israel’s Tamar offshore gas field, combined with gas from the neighboring Leviathan field, will further the ambitions of both Israel and Egypt in the Eastern Mediterranean.