Asset Management
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.
Sixteen companies submitted 69 bids worth $99.5 million in the Big Beautiful Gulf 3 sale.
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The Coral Norte FLNG is to be the mirror image of the Coral Sul unit, which shipped its first cargo in 2022 after it was put into service in Area 4 offshore Mozambique. -
Barzan plant explosion that killed 13 and injured 66 occurred 2 days after production was restarted following a scheduled shutdown in December for routine maintenance.
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Industry experts at URTeC assessed more than a decade of unconventional growth while discussing where productivity gains will come from next.
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In the fourth development phase, a planned tieback would connect resources from two North Sea discoveries to existing infrastructure at the Johan Sverdrup field, pending project sanction.
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This article from the SPE Robotics and Autonomous Systems Technical Section (RASTS) explores the insights shared at the recent Offshore Technology Conference (OTC) in Houston about autonomous systems and their role in the industry's future.
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The Pinnington project in North Texas is the company’s largest solar project in the state and brings Repsol’s renewable energy generation capacity in the US to greater than 2 GW.
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The technology has passed its first phase of qualification, with 84 nodes placed on the seafloor at a depth of 2,000 m to acquire 4D seismic data in the pre-salt Santos Basin.
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Assets consolidated into the Searah JV include Eni-operated deepwater gas-condensate developments in the Kutei Basin, offshore East Kalimantan, Indonesia.
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Five agreements target more than 11 Tcf of offshore gas and include flare-reduction technology.
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Disputes over tanker fees and the ongoing military operation in Lebanon represent potential fault lines for the tentative peace deal.
