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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SponsoredSince 1997, intelligent completions have transformed reservoir management, but adoption remains limited due to perceived complexity. The industry reached a pivotal moment with the development of next-generation technologies that address longstanding challenges and offer simpler operation solutions. -
Satellite data show nearly 45,000 methane plumes worldwide in the first quarter, triple the number from a year earlier.
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The service company said the cancellation of a 2-GW offshore wind project in the Netherlands means its restructuring plan can no longer be delivered.
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JERA joins Tokyo Gas as a player in the Haynesville as Japan targets the US Gulf Coast as key to building global LNG supply chains.
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The DeepOcean-lead joint industry project aims to advance commercialization of a new patented technology that heats pipeline systems deployed in deepwater where flow assurance can be a challenge.
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BP’s new electric gas compression platform at Shah Deniz, Azerbaijan’s largest natural gas producer, is expected to sustain exports to Europe even as the field enters decline.
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Liquefied natural gas (LNG) exporters in the US plan to more than double the country’s liquefaction capacity by adding an estimated 13.9 Bcf/D between 2025 and 2029.
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SPE Technical Director Hamad Al-Marri shares his outlook of the oil and gas production facilities landscape as it stands on the cusp of a significant transformation. The demand for oil and gas will continue to exist, but the industry will need to adapt to a new reality.
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Citing a lack of profitability, the Norwegian major has chosen to end its electrification efforts in the Halten and Snorre areas.
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The joint venture with Nigeria's Sunlink Energies aims to deliver first production before 2030.
