Field Development
Field Development
Total and Mozambique Sign Security Pact for $20 Billion Natural Gas Project
French oil major Total has signed a security pact with the Mozambique government to protect a $20 billion natural gas (LNG) project being developed in the southern African country, the company said on Aug. 24.
Field Development , International
Chevron Reportedly Pursuing Deal to Develop Large Oil Field in Iraq
Chevron and the Iraqi government are discussing the potential execution of exploration work in Iraq's southern Nassiriya oil field, which is estimated to hold about 4.4 billion barrels of crude.
Field Development , Deepwater
Total Launches Phase 3 of Giant Mero Oil Project Offshore Brazil
French energy group Total and its partners have launched the third phase of development for the Mero deep offshore oil project off the coast of Brazil.
Field Development , Drilling
E&P Regional Report: Has the Pandemic Battered Europe’s Upstream Sector?
As oil and gas operators scale back production and spending, exploration and appraisal drilling activity in the region has taken a massive hit.
Field Development
ConocoPhillips Gets US Green Light for Alaska Oil Project
The project could help offset oil production declines in the state, according to the Bureau of Land Management.
Field Development
Azerbaijan Expects to Start Oil, Gas Production at Karabakh Field by Year-end 2022
The Azeri state energy company SOCAR has been developing the Karabakh Field in a joint venture with Norway’s Equinor since May 2018.
Public Capital , Earnings , Unconventional , Field Development , Shale Plays
Exxon Mobil, Chevron Adjust in Permian Basin amid Market Volatility
The supermajors are focused on specific developments and improving efficiency in the Permian Basin as market conditions recover.
Earnings , Reservoir Evaluation , Field Development
Hess Reports Discovery of High-quality Reservoirs Offshore Guyana
The Yellowtail wells and upcoming Redtail well will form the basis of another FPSO development, executives say.
Field Development
CNOOC Commences Production at Luda Development in Bohai Sea
CNOOC Ltd. has commenced production at Luda 21-2/16-3 regional development project, the company said on July 20.
Public Capital , Investment , Field Development , Liquefied Natural Gas (LNG)
Total Lands $14.9 Billion Debt Financing for Mozambique LNG Project
Total's massive LNG project in Mozambique includes the development of the Golfinho and Atum natural gas fields in the Offshore Area 1 concession, and the construction of a two-train liquefaction plant.