Management
Updates about global exploration and production activities and developments.
This month’s papers highlight new combinations of technologies, along with workflows automated in innovative ways, deployed to ensure precise measurement, accurate forecasting, and environmentally conscious operations.
Ongoing seismicity concerns and orphan well risks are pushing operators and regulators to explore alternatives for managing produced water.
-
Aramco expects to complete Phase 1 construction of the 9-mtpa facility in 2027.
-
Ruwais is slated to be the first net-zero LNG facility in the Middle East and North Africa.
-
GEODE is a consortium led by Project InnerSpace and the Society of Petroleum Engineers and funded by the US Department of Energy’s Geothermal Technologies Office.
-
The new wells at Zohr are key to a plan to return Egypt’s gas production back to “pre-crisis” levels by June 2025.
-
At peak, 100,000 BOE/D is expected to flow to the Whale production semisumbersible, which largely replicates the Vito semi.
-
Operators remain cautiously optimistic in 2025, despite regulatory uncertainties.
-
The Libyan National Oil Company plans to tender 22 onshore/offshore exploration blocks in 2025 as it works to rebuild credibility with foreign oil producers.
-
The acquisition, expected to close in early 2025, will bring Optime Subsea’s umbilical-less technology into Halliburton’s Testing and Subsea division.
-
Operator TotalEnergies and rig owner Vantage Drilling form joint venture to purchase the Tungsten Explorer.
-
As Southeast Asia’s third-largest gas producer, PTTEP is investing in its energy security by prioritizing gas production and building up a global LNG supply chain.