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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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LNG project in Mexico moves closer to FID in 2021.
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A fault was identified at the Leviathan platform’s production system. This comes a month after a malfunction was discovered at the project’s subsea pipeline.
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Wood is Shell’s exclusive partner for Shell’s Smart Choke technology, which suppresses riser-induced slugging.
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Initial production at Freeport LNG Train 3 is expected in the first quarter. The project’s final commissioning stage included feed gas.
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A small core team with the ability to make decisions was responsible for getting a subsea tie-back project up to sanction within a short-time frame.
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The partnership will fund research projects that aim to improve the understanding of the environmental impacts of decommissioning and provide guidance on best options from an environmental perspective.
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The Alaska LNG project moves another step closer to a final order, expected in June.
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Westcoast Energy revised its inspection practices following the 2018 incident. Its model used to predict crack growth did not take into account all uncertainties
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This is the second EPC contract Bechtel signed for Port Arthur LNG. Final investment decision is expected this year.
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The largest oil and gas major in the US is calling for tighter rules around methane monitoring, wellhead venting, and the replacement of equipment components with “high-leak potential.”