The Whale development, owned by Shell Offshore Inc. and Chevron U.S.A. Inc., is expected to reach peak production of approximately 100 000 boe/d and currently has an estimated, recoverable resource volume of 490 million boe.
Malaysia is expected to contribute 3.1 billion ft3 of global natural gas production in 2025 from key offshore planned and announced projects that are expected to start operations between 2021 and 2025.
The Egyptian Vulture prospect marks the first of an anticipated seven well exploration programme which will involve Longboat Energy over the next 18 months on the Norwegian Continental Shelf.
Equinor will acquire a 40% participating interest in licences PL090 JS, PL248 I and PL925, while Wellesley will acquire a 10% participating interest in licence PL942.
Following completion and tie-in, the first well from the Van Gogh Phase 2 Infill Development offshore Western Australia has produced at a peak rate of 23 200 bpd.