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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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If approved, Vineyard Wind 1 would be the first commercial-scale offshore wind project in the US. -
Oil major boosts its initial offer for transmission assets.
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Project partnership eyeing an additional 10% recovery from venerable offshore field.
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A new offshore service company has been created combining Baker Hughes’ subsea equipment operation and the drilling hardware made by MHWirth. The joint venture’s goal is to grow and go public.
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The drilling program is the first exploration well to be drilled in production license 785 S.
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The paper outlines specific issues, mitigation steps, and lessons learned during the development phase of a corrosion-resistant alloy pipeline.
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High-strength, sour-service-grade carbon steel has been developed with outer diameter up to 23 in. and wall thickness up to 2.5 in. using a robust manufacturing process.
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The offshore Equatorial Guinea project is a key step toward country’s mega hub status.
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Massive Russian Baltic Sea gas export line faces scrutiny, sanctions from the West.
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Transmission firms say that future-proofing the pipeline network will assist the transition to a green economy.
