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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.
Production from the Búzios field now tops 1 million B/D with six floating production systems in operation and more on the way.
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Follow-up well could help prove up 100-million bbl find.
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As the headwinds of the pandemic continue reshaping the global economy, our industry, and the deepwater segment in particular, have no time to lose to rock the boat and upend assumptions in the post-COVID-19 world. Imminent substantive changes within the industry are inevitable to reduce uncertainty and risk and to prepare for the new decade of delivery and beyond in …
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Subsea production equipment falls to seafloor after winch wire malfunction.
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The paper reviews an operator’s deepwater field project offshore Mauritania, for which several techniques were considered with respect to decommissioning a subsea pipeline system at water depths of 700 to 960 m.
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Delek Drilling’s deal to sell Abu Dhabi’s state-owned Mubadala Petroleum its stake in Israel’s offshore Tamar gas field kicks off what the Abraham Accords envisioned as the kind of business cooperation that could bring peace to the Middle East and prosperity to the East Med.
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The American National Standards Institute accredited three of the American Petroleum Institute’s inspector certifications for pressure vessels, piping, and aboveground storage tanks.
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The Swedish operator is using a $35-million tree-planting initiative to offset the estimated 98,000 BOED it produces from the Edvard Grieg field about 111 miles offshore Stavanger.
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Saudi Aramco is accelerating the adoption and scaleup of disruptive and multipurpose robotic technologies to deliver safer, cost-effective, and efficient inspection capabilities, emergency response, aerial mapping, project monitoring, security surveillance, and environmental monitoring.
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Better planning, estimating, and monitoring of costs throughout an asset’s life is key to better decision-making.