North Sea
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The Haewene Brim FPSO will need repairs to a pair of mooring connections before it can restart operations. -
Find could hold as much as 130 million BOE.
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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 energy transition stays front and center as Dogger Bank, the world’s largest offshore wind farm, begins exporting power. Elsewhere, India goes green and CCS in Canada hits a snag.
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The work scope for the project runs through year-end 2027.
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Project consists of two production wells and a subsea tieback to ETAP.
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Well is estimated to have encountered as much as 35 million BOE.
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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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Fourteen companies scooped up the licenses to sequester carbon in depleted oil and gas reservoirs and saline aquifers offshore UK.
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Wind power keeps rising across the globe, while new solar plant developments light up Louisiana and Texas.
