Gulf of Mexico
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Woodside confirms key contracts for deepwater Mexican Gulf development. -
The lease auction aims to advance the president’s commitment to deploy 30 GW of offshore wind energy by 2030.
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Norwegian energy company Equinor has acquired a 25% stake in the Bayou Bend CCS project from Houston-based Carbonvert.
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With the new contract, the goal is to roll into front-end engineering and design later this year, with vessel construction expected to commence in mid-2024.
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Work is to be executed offshore Congo, the US Gulf of Mexico, Romania, and Germany.
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The US Department of Energy is planning the country’s largest solar power initiative, while hydrogen and carbon dioxide pipelines spread around the world and ADNOC bets on hydrogen.
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The Pickerel-1 well encountered 90 ft of high-quality oil-bearing Miocene reservoir and will be tied back to the Tubular Bells production facilities.
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The lease area has the potential to support enough offshore wind power to run more than 1 million homes.
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The emissions intensity of production is expected to decline further because of the continued shift toward newer and more productive operations in the deep water and other factors.
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The component is part of a full subsea deepwater completion/intervention system being designed by Expro for use on the Chevron tieback.
