Onshore/Offshore Facilities
ExxonMobil and its Area 4 partners have awarded $1.1 billion in pre-investment contracts for long-lead upstream equipment supporting Mozambique's Rovuma LNG project. The awards, led by OneSubsea, mark a key step toward FID as development advances on ExxonMobil's largest global investment.
SPE Offshore Europe 2027 has unveiled its conference theme, “(Em)Powering Europe: Securing Our Energy Future,” and opened the call for technical paper proposals for the Aberdeen event.
Flow measurement touches almost every phase of oil and gas operations. Yet the industry still struggles to distinguish between what is directly measured, what is inferred, and what is estimated through models, correlations, or assumptions. That distinction matters. A measurement does not need to be perfect to be useful, but it must be fit for purpose.
-
Hammerhead, the seventh planned project offshore Guyana, is expected to reach FID later this year and go on-stream in 2029. -
ExxonMobil and Guyana expect to approach 1 million B/D of oil as the ONE Guyana vessel reaches the Stabroek block.
-
The offshore Mauritania and Senegal project’s initial phase will deliver around 2.4 mtpa of LNG once fully commissioned.
-
The French major will supply the Caribbean country with LNG supplies while agreeing to take supplies from future Texas project.
-
Stonepeak will pay $5.7 billion for 40% interest in the project due for FID later this year.
-
Terra Drone will support Aramco's operations and Saudi Arabia's technological and economic progress.
-
Offshore activity is expected to begin in 2027 with first oil from the 20K-psi project slated for 2028.
-
The strategic buyout of Portugal’s Galp is ADNOC’s first investment in Mozambique as it continues to grow its lower-carbon LNG portfolio.
-
Brazil’s ANP extends BW Energy’s contract for the deepwater field from 2031 to 2042, and BW plans to further develop the field.
-
Plugging operations are scheduled to begin early 2026.
