Production
The supermajor said the fields are not expected to contribute meaningfully to its production profile by 2030.
This case study describes how edge computing and industrial internet of things platforms were deployed to automate and optimize production operations across four distinct basins.
Output is rising fast in the South American shale play and putting Argentina on a course to soon reach 1 million B/D.
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Equinor will reduce investments in renewables over the next 2 years by 50% to $5 billion and will increase its focus on oil and gas production, expecting more than 10% growth from 2024 to 2027. -
Upgraded sour-gas injection and a new third-generation processing plant are key to keeping supergiant Tengiz producing for years to come.
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By boosting gas supplies to Egypt’s home market, Cairo can return its focus to developing an LNG export hub.
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Of the 53 licenses awarded, 33 are in the North Sea, 19 in the Norwegian Sea, and one in the Barents Sea.
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The new wells at Zohr are key to a plan to return Egypt’s gas production back to “pre-crisis” levels by June 2025.
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At peak, 100,000 BOE/D is expected to flow to the Whale production semisumbersible, which largely replicates the Vito semi.
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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.
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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.
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After overcoming the challenges of a new offshore frontier, BP has begun first gas flow at its ultradeep project offshore Mauritania and Senegal.
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From the papers reviewed, a spectrum of case studies addresses how practitioners are taking on the challenge of extending economic life and revitalization of mature fields through better understanding of the subsurface and adapting existing techniques and technologies in innovative ways.
