E&P Highlights

E&P Highlights: Dec. 30, 2022

Here’s a roundup of the latest E&P headlines, including a field start up and a well drilled to a basin with record depth from the past week in the upstream oil and gas industry.

Mozambique President Inaugurates Coral Sul LNG Installation

Mozambique's first LNG cargo left from the Coral Sul floating LNG installation on Nov. 14.

Eni Coral Sul FLNG

Mozambique's First LNG Cargo Departs for Europe

Operated by the Eni-led Area 4 Partners joint venture, Mozambique's Coral Sul Floating LNG facility has the capacity to produce up to 3.4 million tonnes of LNG a year.

Eni Coral Sul FLNG

LNG an East Africa Possibility If Challenges Are Overcome

Legal, security and infrastructure hurdles stall oil and gas progress offshore East Africa.

Indian oil blocks

India Offers 42 Hydrocarbon Blocks in Latest Auction

India's 26 offered blocks include 15 ultra deepwater, eight shallow water and three onland blocks covering a total of 223,000 sq km.

QatarEnergy Signs Deal with TotalEnergies for North Field South Expansion

TotalEnergies CEO Patrick Pouyanne met with QatarEnergy CEO Saad al-Kaabi to sign a deal for the North Field South.

CNOOC north block field development

CNOOC Announced Development Project in North Block 10-1 of Kenli 6-1 Oilfield

CNOOC's 10-1 north block development project in the Bohai Sea begins production.

Deepsea Yantai, Odfjell Drilling

New Discovery Boosts Tieback Potential Near Gjøa in Norwegian North Sea

Neptune and its partners will consider developing the 35/6-3 S Ofelia well as a tieback to the Gjøa platform, located in the Norwegian North Sea, after a recent discovery.

Guyana Races Against the Clock to Bank its Oil Bonanza

An Exxon Mobil-led consortium plans to pump 1.2 MMbbl/d of oil from its holdings in Guyana in 2027, which would give the country more output than its neighbor Venezuela and the highest output per capita in the world.

Equinor, Partners to Develop $940 Million Norway Gas and Condensate Project

Equinor and partners will develop a cluster of projects in an area with six gas and condensate discoveries in the Norwegian Sea for $940 million as support for oil and gas sees a resurgence in Europe.