Onshore/Offshore Facilities
Vår Energi ASA and partners have officially sanctioned the Previously Produced Fields Project in the Greater Ekofisk Area. The redevelopment is expected to add high-value barrels starting in 2028, extending the production life of one of Norway’s key offshore regions.
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As HPHT wells push equipment to the edge of material limits, operators are turning to advanced thermoplastics and sealed electrical assemblies to maintain system integrity. From ESP insulation to BOP control systems, the right component design can prevent failures, lower intervention costs, and extend equipment life in the harshest offshore environments.
The new development is estimated to hold 46 million bbl of recoverable oil and is planned to start up in late 2028.
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Fresh permit will allow the project to move forward towards FID this fall, first production expected in early 2029. -
Closed-loop geothermal systems have entered the new-energy arena to generate electricity using the underground as a heat exchanger.
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The new Sevan-designed cylindrical FPSO is expected to flow 45,000 BOE/D at peak.
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A Shell partnership with YPF marks a significant milestone for the Argentina LNG export facility, raising new questions about the nation’s potential to unlock the economic power of its vast shale reserves.
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Global offshore decommissioning projects hear the starting gun in Australia and the North Sea, but will the race be a marathon or a sprint?
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Located 230 km south of Abu Dhabi, the onshore Shah field produces around 70,000 B/D of crude.
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By boosting gas supplies to Egypt’s home market, Cairo can return its focus to developing an LNG export hub.
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The energy infrastructure firm also purchased a North Dakota gas gathering system for $640 million.
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This study examines the implementation of a predictive maintenance method using artificial intelligence and machine learning for offshore rotating production-critical equipment. Conducted over 2 years at Murphy Oil’s deepwater platforms in the Gulf of Mexico, the project aimed to detect equipment issues early, reduce downtime, and streamline maintenance processes.
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Rystad Energy and Wood Mackenzie highlight key factors shaping the balancing act in the upstream oil market.
