offshore

The FPSO will be capable of processing 90,000 B/D of crude, 75 million ft3/D, 120,000 B/D of water injection, and a storage capacity of 900,000 bbl of crude oil. First oil is planned for 2021.

With oil prices still low, Hess decided to sell a stake in one offshore project to help pay to develop a much larger one.

Equinor plans to cut its global exploration staff by 30% in the next 3 years and plans to drill 30–40 wells globally this year. Ongoing labor strikes have led to the operator shutting in four of its platforms.

The complete paper describes the hurdles that have prevented single-trip installation of upper and lower completions in the complex world of subsea and deepwater applications and examines the processes, technologies, and risk-mitigation steps that took a concept from pilot to successful deployment.

The complete paper describes the development and implementation of a glass-plug solution that closed the technical gaps that had previously inhibited fully intervention-free operation for completion installation.

The Dutch major said it has filed an application for drilling operations in the North Slope as part of an effort to help attract buyers to 18 leases it purchased rights to in 2012.

The contract is for Equinor’s unmanned process platform at the Krafla field in the North Sea, with plans for tie-in to an Aker BP host platform in the North of Alvheim area.

Personnel are returning to platforms in the Gulf of Mexico after Hurricane Sally was downgraded to a tropical depression late Wednesday, but the threat of another major hurricane remains as a tropical storm may form in the Gulf of Mexico today.

Two of Europe’s largest oil and gas producers will lead four offshore wind projects that together have the potential of powering 2 million homes.

This latest find means the offshore driller has averaged at least three new discoveries each year since it began drilling offshore Guyana where it plans to recover up to 8 billion barrels of crude.