Management
In lifting force majeure, TotalEnergies says it will restart construction on its Mozambique LNG project as soon as the government agrees to a revised budget and schedule which targets shipping first product in 2029.
Launched by the SPE Integrated Reservoir Management Technical Section, this initiative provides young professionals with opportunities to apply next-generation skills, build confidence, and develop leadership capabilities, preparing them to guide the industry forward.
Supermajor aims to start appraisal activities in 2027 and is evaluating development possibilities for the deepwater find offshore Brazil, which is the company’s largest discovery in 25 years.
-
The Begonia and CLOV Phase 3 subsea tiebacks are each sending production to nearby FPSOs. -
The China National Offshore Oil Corporation said it plans to use water injection, steam huff ’n’ puff, and steamflooding to produce the heavy oil field, with peak production expected in 2026.
-
The company said it is considering connecting the Vidsyn commercial discovery to the nearby Fenja subsea facility.
-
Chevron now holds a 30% stake in a prolific offshore Guyana development, where oil production is expected to ramp up over the next few years.
-
The new vessel, P-78, will be deployed on the Buzios field in the Santos Basin offshore Brazil.
-
The update increases the guidance’s focus on creating a just energy transition.
-
The traditionally Oklahoma-centric producer adds new acreage in west Texas and New Mexico through a pair of purchases.
-
Welligence projects explorers are targeting 50 billion BOE in the near term, with about 20% of that being gas.
-
As Africa’s top oil producer, Libya is ramping up momentum—offering 22 exploration areas and welcoming BP back to Tripoli with a major deal.
-
Tight oil and gas producers in the US are pulling back faster than expected as oil prices stagnate and produced water management constraints grow.
