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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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IOGP JIP33 specifications comprise supplemental specification, quality requirements, information requirements, and a data sheet.
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The North Caspian Project in Kazakhstan covers the Kashagan, Kairan, Aktoty, and Kashagan South West fields.
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US Court decisions put two major pipelines on hold and led to the cancellation of another pipeline project within days of each other.
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The US approved construction and operations for the Jordan Cove project in March; first gas is anticipated in 2024
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Awards are expected to recover to seven vessels next year. Over the past 10 years, only 2016 saw a lower level of activity when not a single FPSO contract was awarded.
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The court said it was mindful of the disruption the shutdown will cause but said the seriousness of deficiencies from the US Army Corps of Engineers outweighs the negative effects of shutting down the pipeline.
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CB&I Storage Solutions joins a list of contractors working on the Trans Mountain Expansion Project.
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A report from the Norwegian Petroleum Directorate details how production powered from shore would cut down on carbon dioxide emissions. All of the planned projects from the onshore power grid are expected by the mid-2020s.
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The deal follows BP’s divestment of its global petrochemicals business in late June.
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The complete paper describes an advanced Rankine cycle process-based system that converts waste heat into usable electrical power to improve the efficiency of gas-compression stations on gas-production platforms and pipelines.