Asset Management
After acquiring the block more than a decade ago, Petrobras has finally found oil in the deepwater area of the Equatorial Margin with the Morpho-1 exploration well.
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.
-
The contracts build on Cairo’s decades-long strategic energy alliance with Moscow, which will soon include nuclear energy.
-
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.
-
Leaders at OTC 2025 warned that tariffs and supply chain strains threaten offshore project economics despite record global output.
-
FLNG vessels will handle gas from the Vaca Muerta formation when they go online in 2027 and 2028 offshore Argentina.
-
Global majors remain committed to boosting investment in Egypt’s offshore gas production as they eye Cairo’s underutilized LNG capacity.
-
Contractor will moor the production semisub in the Keathley Canyon area of the US Gulf of Mexico.
-
EVP Giulia Chierchia and Chairman Helge Lund are stepping down amidst difficult Q1.
-
This paper describes the operator’s digital-twin end-to-end production system deployed for model-based surveillance and optimization.
-
The rapid development of oil and gas intelligent operations depends on artificial intelligence, automation, and data analytics to achieve optimal conditions in oil and gas operations.
-
This paper highlights nontraditional methods to cure oil-based-mud losses in horizontal wells drilled in unconventional plays.