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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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DNV GL awarded Heerema Marine Contractors Statements of Feasibility for two concepts designed to reduce the noise of offshore structure installation.
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The decision to cancel the nearly 1,200-mile-long project comes less than a year after construction began and is being met with disappointment on both sides of the US-Canadian border. A 60-day halt on new permits for onshore an offshore US federal areas has also been ordered.
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Last summer, a pair of semisubmersible rigs were purchased by a limited liability company tied to SpaceX. Around the same time, the commercial aerospace firm announced future plans to launch rockets from offshore platforms.
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Driftwood gets the green light, as demand rebounds and the stars align at last.
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This year gas is expected to look only a bit better, but after 2019 that is a relief.
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On the normally unmanned Valhall Flank West platform, the survey of a 1-year-old box boom pedestal crane featured auto-testing of the automatic overload protection system. A similar inspection program was performed on two knuckle boom cranes on a FPSO vessel in Skarv.
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The project will create a foundation for further development of a thermoplastic composite pipe jumper technology for risers in permanent HP/HT subsea applications.
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The Norwegian provider of pipeline safety and technical verification services announced its withdrawal after actions taken by US lawmakers this month.
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The US Department of Energy has extended export terms for seven long-term LNG licenses until 2050. The extension affects projects currently under construction or pending the start of construction.
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China independent distributor Jiasheng Gas Co. is set to build a $380-million LNG storage and receiving facility in east China, as the country opens up to more private participation and investments surge in LNG import terminals.