Management
The discovery in the Kutei Basin offshore Indonesia is being considered for fast-track development.
The new development is estimated to hold 46 million recoverable bbl of oil and is planned to start up in late 2028.
Project in US Gulf will add about 15,000 BOEPD to the deepwater Atlantis project at peak production.
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The contracts build on Cairo’s decades-long strategic energy alliance with Moscow, which will soon include nuclear energy.
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Operator targets first oil 30 months after field sanction of $1.5 billion heavy-oil project that will use a refurbished wellhead platform and FPSO.
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Leaders at OTC 2025 warned that tariffs and supply chain strains threaten offshore project economics despite record global output.
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FLNG vessels will handle gas from the Vaca Muerta formation when they go online in 2027 and 2028 offshore Argentina.
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Global majors remain committed to boosting investment in Egypt’s offshore gas production as they eye Cairo’s underutilized LNG capacity.
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Contractor will moor the production semisub in the Keathley Canyon area of the US Gulf of Mexico.
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EVP Giulia Chierchia and Chairman Helge Lund are stepping down amidst difficult Q1.
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The Offshore Technology Conference has announced the 2025 Spotlight on New Technology Award winners—nine game-changing innovations shaping the future of offshore energy. Join the celebration at 1600 CDT on Monday, 5 May, at the NRG Center, Houston.
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Updates about global exploration and production activities and developments.
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This article is the second in a Q&A series from the SPE Research and Development Technical Section focusing on emerging energy technologies. In this piece, Madhava Syamlal, CEO and founder of QubitSolve, discusses the present and future of quantum computing.