FPSO

Spanish yard will prep the almost 40-year-old FPSO for redeployment opportunities for new owner.

Once labeled “undrillable,” Brazil’s heavy-oil Atlanta field in the Santos Basin faced technical, financial, and logistical challenges. But through a phased approach, clever reuse of assets, and disciplined project execution, Brava Energia transformed a risky deepwater asset into a producing field with 172 million BOE in 2P reserves.

FPSO Nganhurra, laid up in Malaysia, produced Woodside’s Enfield field until the end of 2018.

FPSO is the fourth unit to go online in the deepwater pre-salt Mero field in 3 years.

The companies completed a technical assessment of the technology for use with floating production, storage, and offloading vessels.

Operator targets first oil 30 months after field sanction of $1.5 billion heavy-oil project that will use a refurbished wellhead platform and FPSO.

Hammerhead, the seventh planned project offshore Guyana, is expected to reach FID later this year and go on-stream in 2029.

ExxonMobil and Guyana expect to approach 1 million B/D of oil as the ONE Guyana vessel reaches the Stabroek block.

Brazil’s ANP extends BW Energy’s contract for the deepwater field from 2031 to 2042, and BW plans to further develop the field.

Operator targeting 2029 for first production from the pre-salt gas-condensate discovery off Brazil.