Equinor
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The contracts awarded by ExxonMobil and Equinor are for work offshore Guyana and Brazil.
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The Norwegian company’s third-quarter safety report shows the number of serious incidents declining.
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The Whale floating production unit, comprising a topside module and a semisubmersible hull, is a near-twin to the previously delivered Vito facility.
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The subsea field tied back to Grane is expected to produce 60,000 B/D at peak.
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The work scope for the project runs through year-end 2027.
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Well is estimated to have encountered as much as 35 million BOE.
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Program will focus on finding more resources around Goliat and Johan Castberg through 2026.
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Production from the field northwest of the Shetland Islands is expected to start in 2026 or 2027.
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The development scheme for BM-C-33 includes an FPSO capable of processing gas and condensate without further onshore processing.
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Wind power keeps rising across the globe, while new solar plant developments light up Louisiana and Texas.