FPSO
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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.
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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.
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Hammerhead, the seventh planned project offshore Guyana, is expected to reach FID later this year and go on-stream in 2029.
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ExxonMobil and Guyana expect to approach 1 million B/D of oil as the ONE Guyana vessel reaches the Stabroek block.
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Brazil’s ANP extends BW Energy’s contract for the deepwater field from 2031 to 2042, and BW plans to further develop the field.
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Operator targeting 2029 for first production from the pre-salt gas-condensate discovery off Brazil.
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The production unit for the Balder field in the North Sea is expected to go on-stream in the second quarter of 2025 following the staged tow-out of the FPSO.
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Mero expects to increase its production capacity to over 700,000 B/D.
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The operator plans to acquire seismic and carry out appraisal drilling at the site later this year; the find could be fast-tracked as a tieback to the Goliat FPSO.
