deepwater

US Gulf project will use a similar floating solution to the operator’s Vito project due onstream next year.

Significant Perdido-region find could merit its own host.

The new field, which is tied back to the Na Kika platform, is expected to add over 20,000 B/D of new production at peak.

The marine contractor will utilize its North Ocean 102 pipelay/lift vessel for the work at the Shenzi field.

The operator is planning for an FPU in the Gulf of Mexico field that is capable of producing 100,000 B/D of oil.

Up to 10 FPSOs could be needed to fully develop the discovered resource base in the area.

The operator will use the cash from the sale to reimburse its expenses related to the platform’s construction.

Last summer, a pair of semisubmersible rigs were purchased by a limited liability company tied to SpaceX. Around the same time, the commercial aerospace firm announced future plans to launch rockets from offshore platforms.

Citing impacts from COVID-19, Noble Corp. is entering into a prearranged agreement with its bondholders that will give it a fresh start with a new line of credit.

Four recent deepwater offshore discoveries show exploration is not dead, it is just concentrated offshore.