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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The rise in China’s gas production, now exceeding that of Qatar and of Australia, is also limiting growth in its LNG demand. -
Equinor said it found between 14 million and 24 million BOE with its most recent exploration well in the Polynya Tubåen prospect.
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BP sanctioned development of the Kaskida in 2024, with first oil from the high-pressure project expected in 2029.
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The project partners and the Newfoundland and Labrador government reach agreement over life-of-field benefits, royalties, and an equity option, moving development toward sanction in 2027.
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Operator started planning the development before it made its latest North Sea discovery.
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The Middle East’s largest unconventional gas development officially begins production as Saudi Aramco targets 6 million BOE/D of gas and liquids capacity by 2030.
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The integrated field management services contract signals an evolution of KBR’s role at Majnoon from one of stabilizing production to a more complex and sophisticated role that takes responsibility for integrating full upstream operations.
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This paper reviews the simultaneous supercritical CO2/brine aquifer injection and water-alternating-gas methods for geologic carbon sequestration and proposes a novel integration with saltwater-disposal wells.
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Updates about global exploration and production activities and developments.
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The objective of this study is to numerically investigate system behavior when storing H2/natural gas (CH4) mixtures in aquifer-related underground gas storage, and the effect of gas composition and salinity on energy-recovery efficiency.
