Field/project development
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.
In lifting force majeure, TotalEnergies says it will restart construction on its Mozambique LNG project as soon as the government agrees to a revised budget and schedule that targets shipping first product in 2029.
The supermajor says it aims to start appraisal activities in 2027 and is evaluating development possibilities for the deepwater find offshore Brazil, which is the company’s largest discovery in 25 years.
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Exploration and production independent CNOOC has produced first oil from its Luda 21-2/16-3 regional development in the Bohai Sea, offshore China. -
The complete paper is an extensive review of the evolution of spar designs, focusing on the progression of work that ultimately led to the application of a transformative concept to the oil industry.
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Operators celebrate first major deepwater project sanctioned since the early-2020 oil crash.
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A pilot project was initiated to classify oil and gas projects in Mexico using the United Nations Framework Classification.
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Aker BP, Equinor, and LOTOS Exploration and Production Norge AS have reached agreement on commercial terms to jointly develop the Krafla and Fulla region and the north of Alvheim area
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Vår Energi is looking to extract another 136 million BOE from the Balder Field. Production is anticipated in 2H 2022.
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The Búzios-5 production system is planned to include the interconnection of 15 wells to a floating production, storage, and offloading vessel in two phases.
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Askeladd Vest is Phase 2 of the Snøhvit gas development, which is expected to see an FID this year.
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Delivery of the umbilicals is expected in Q4 2021. The King’s Quay FPS achieved FID in Q2 2019, and is expected to process up to 80,000 B/D of crude oil with first production in 2022.
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Sleipner’s share in net-zero emissions savings will be more than 150,000 tonnes per year.
