Field/project development

Fugro’s entry into the UK’s small modular reactor market follows its breakthrough in the US, where it secured a contract in February to perform a geoscience site investigation for the recommissioned Palisades Nuclear Power Plant in Michigan.
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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