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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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The contract is for Equinor’s unmanned process platform at the Krafla field in the North Sea, with plans for tie-in to an Aker BP host platform in the North of Alvheim area.
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Global market conditions have impacted Magnolia LNG’s ability to reach FID. Kinder Morgan’s pipeline project also depends on an FID for the Magnolia LNG project.
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To provide condition monitoring and combat fouling, the robot clings and moves along the hull walls. It is controlled via a 4G connection to clean and inspect the walls in line with individual vessel schedules developed through a proprietary algorithm and big data.
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Rystad Energy compared the decommissioning costs based on two similar steel platforms, one in each region, using its cost-estimating tool.
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Two of Europe’s largest oil and gas producers will lead four offshore wind projects that together have the potential of powering 2 million homes.
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Enterprise Products Partners publicly acknowledged the deep slump in pipeline demand out of the Permian Basin by canceling a project at a time when most producers have been quietly postponing US projects.
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Garden Banks Pipeline was notified that the Sea Robin delivery point was also made available after Enbridge lifted its force majeure.
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Tellurian CEO Meg Gentle outlined how the US LNG market should address expected tight market conditions through 2025 while managing a transition to a carbon neutral environment.
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The pipeline continues to operate as courts weigh expedited appeals from the Army Corp of Engineers and Energy Transfer.
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The maritime technology company successfully completed a remote deadweight audit for a semisubmersible oil and gas drilling rig. Believed to be the first of its kind, the remote survey was developed in response to travel and social-distancing restrictions imposed during the COVID-19 pandemic.