tiebacks

Thanks to stepout-well and tieback technologies, Shell’s Mars platform is the first single offshore platform in the US Gulf to produce 1 billion bbl of crude over its lifetime with production expected to continue into the 2040s.

While often associated with smaller discoveries, subsea tiebacks are playing a growing role in contributing to the broader energy mix.

The North Sea project, which is sending production to the nearby Ivar Aasen platform, came online 9 months ahead of schedule.

Equinor said it found between 14 million and 24 million BOE with its most recent exploration well in the Polynya Tubåen prospect.

The project partners and the Newfoundland and Labrador government reach agreement over life-of-field benefits, royalties, and an equity option, moving development toward sanction in 2027.

Operator started planning the development before it made its latest North Sea discovery.

The Granat prospect on the Norwegian Continental Shelf may be developed with a subsea tieback to existing infrastructure.

The development is expected to add approximately 39 million BOE in recoverable resources to the Solveig field.

Shell CEO Wael Sawan said Nigeria’s improving investment climate is boosting its appeal for long-term oil and gas investment.

Vår Energi 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.