Project Updates

Credit: Saipem SpA

Project type: Offshore gas field development

Location: Italy 

Ownership: Eni and Energean 

Start of production: August 2024 

The Argo and Cassiopea represent the country’s largest greenfield gas development. The project will be Italy’s largest greenfield gas development and is expected to have a net peak production of 100,300 barrels of oil as an equivalent per day.

Credit: MR.Zanis / Shutterstock

Project type: Offshore oil field 

Location: North Sea 

Ownership: BPEOC and NEO Energy 

Start of production: June 2025 

Murlach field is an offshore oil field development situated in the North Sea, and was originally operated by Shell, from 2001 until its decommissioning in late 2004. The field redevelopment project’s environmental statement was submitted to the UK authorities in April 2022.

Credit: ALE

Project type: Offshore oil field 

Location: Abu Dhabi, UAE 

Operator: CEPAD 

Start of production: November 2017 

The field lies in a concession currently owned by the Abu Dhabi National Oil Company (ADNOC). In October 2023, the final investment decision and award of contracts for the Hail full field development was announced. Full field development is expected to secure safe production for 30 years.