tiebacks

Vår Energi ASA and partners have officially sanctioned the Previously Produced Fields Project in the Greater Ekofisk Area. The redevelopment is expected to add high-value barrels starting in 2028, extending the production life of one of Norway’s key offshore regions.

The new development is estimated to hold 46 million bbl of recoverable oil and is planned to start up in late 2028.

The project in the US Gulf is expected to add about 15,000 BOEPD to the deepwater Atlantis project at peak production.

The Gorgon Phase 3 project aims to counter declining reservoir pressure to sustain gas supplies to Western Australia’s domestic market and support LNG exports to Asia.

The contract will cover the design and manufacturing of tree systems, flexible flowlines, a manifold, and controls, as well as installation of the subsea production system.

Plans call for license partner Aker BP to serve as operator during the development phase, with operatorship reverting to DNO after first oil in 2028.

Two new wells add 15,000 BOE/D of peak capacity to the London-based supermajor's North Sea production profile.

The subsea field is part of the larger Snøhvit development in the Barents Sea.

The operator estimates discovering more than 96 million BOE of recoverable volumes with its latest Norwegian North Sea exploration activity.

Azule’s new FPSO is the first in the world to feature a pilot carbon capture and storage unit that sequesters CO₂ from onboard gas-turbine exhaust.