INA has completed the Ana-4 DIR well offshore Croatia, the first of five wells in a $74 million program. Initial tests recorded gas flow of approximately 160,000 m3 per day.
ADNOC has taken a $6.2 billion FID for the Umm Shaif Gas Cap, targeting more than 600 million scfd of gas and associated liquids with production expected by 2030.
OMV Petrom and ROMGAZ have completed installation of the 16,500 t Neptun Alpha platform for the Neptun Deep gas project in Romania’s Black Sea, with production planned for 2027.
JAPEX confirmed natural gas in part of a reservoir offshore Hokkaido, but the volume does not meet the criteria for immediate commercialization.
Beach Energy will redirect more than $500 million in planned Otway spending after revising development plans and restructuring its VIC/L35 portfolio.
Allseas and Boskalis marked the start of Taiwan’s YT2 offshore gas pipeline. Offshore execution is scheduled to commence in 2027 for the 232-kilometre, 36-inch line.
ADNOC reaffirms its $150 billion investment plan to enhance production capacity and expand internationally. The company aims to become a top natural gas and petrochemical supplier.
