Onshore/Offshore Facilities
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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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Developing the facility of the future is a technological and infrastructural challenge, but the people behind the technology play just as critical of a role in actualizing complex, innovative asset designs. How will future facilities affect the way companies operate?
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Risk-based inspection is based on sophisticated risk analysis which significantly decreases overheads and helps to avoid equipment failures or unnecessary shutdowns.
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Kinder Morgan, the majority owner and operator of the Georgia export terminal, said the oft-delayed project should have all 10 trains running by the first half of next year.
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New projects coming on stream will boost US gulf oil output to 1.9 million B/D in 2019 and 2 million B/D in 2020, EIA projects.
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The agreement—in which Total will reportedly pay $600 million for a 37.4% stake in the Indian gas conglomerate—boosts the supermajor’s LNG market access in India and neighboring countries. It is the latest move in Total’s aggressive expansion of its LNG portfolio.
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The deal for ConocoPhillips’s northern Australian portfolio will help the Australian company boost its position in the country’s gas market, as it gains majority ownership in a set of key assets including Darwin LNG and the Barossa project.
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The US Forest Service, which is working with FERC to prepare the review of the export terminal off the Oregon coast, said it only recently received critical information needed to complete amendments to its land and resource management plans. First gas is scheduled for 2025.
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The SPE Annual Technology Conference and Exhibition is fast becoming one of the essential venues for the energy industry’s growing array of startups. All startups awarded a cash prize this year for the viability of their offering call Alberta home.
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After a planned acquisition of Goodnight fell through, private equity firm Tailwater Capital is boosting its total investment in the water midstream company to more than $500 million. Goodnight recently signed five long-term contracts with producers in the Delaware Basin and the Bakken.
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Four companies are now under consideration for the EPC deal, which will include the building of a jetty with two berths for LNG carriers. Located near the Port of Hamburg, Germany's first LNG terminal is scheduled to start up by the end of 2022.