Field/project development
The new vessel, P-78, will be deployed on the Buzios field in the Santos Basin offshore Brazil.
As Africa’s top oil producer, Libya is ramping up momentum—offering 22 exploration areas and welcoming BP back to Tripoli with a major deal.
Electricity produced onshore powers oil production at Johan Sverdrup holding CO₂ emissions at only 5% of the global average.
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Production from the Dover field is expected to start in late 2024 or early 2025.
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The deal covers the supply of more than 50 km of dynamic and static subsea umbilicals.
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The contracts are for work in the Black Sea and North Sea.
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The award includes two LNG ‘mega’ trains with a combined capacity of 16 mtpa.
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The deal is expected to support the LNG exporter’s Sabine Pass liquefaction expansion project.
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The award is for Equinor's BM-C-33 development in Campos Basin.
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The construction of the CP2 LNG facilities in Cameron Parish is scheduled to start this year.
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Shell and Equinor are progressing the project toward a final investment decision, which is expected later this year.
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Contracts for the Uaru project’s FPSO and subsea installation were awarded to MODEC and Saipem.
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The deal covers the supply of a subsea production system for the Uaru project in the country’s prolific Stabroek Block.