tiebacks
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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.
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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.
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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.
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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.
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Two new wells add 15,000 BOE/D of peak capacity to the London-based supermajor's North Sea production profile.
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The subsea field is part of the larger Snøhvit development in the Barents Sea.
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The operator estimates discovering more than 96 million BOE of recoverable volumes with its latest Norwegian North Sea exploration activity.
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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.
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BP called the Bumerangue discovery in the Santos Basin the company’s largest find in 25 years, and announced it had begun production from its tieback project at Argos ahead of schedule.
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