Onshore/Offshore Facilities
In lifting force majeure, TotalEnergies says it will restart construction on its Mozambique LNG project as soon as the government agrees to a revised budget and schedule which targets shipping first product in 2029.
A new Eni/Petronas venture is targeting 500,000 BOE/D in output from combined upstream portfolios across Malaysia and Indonesia.
BPX Energy will retain operatorship of the assets after the sale of its interests to private investment firm Sixth Street is complete.
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Chevron CEO Mike Wirth urges more optimistic and balanced conversations regarding the energy transition. -
The field's massive FPSO is anchored in place and on schedule for first oil prior to year-end.
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Accuracy, complexity, costs, and skills availability may make it difficult to get the most out of digital twins and even potentially misrepresent or miss actual changes in the status of systems or facilities.
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The updated plan seeks to avert termination of the PSA by raising total investment and constructing a floating production unit at Aphrodite plus an export pipeline to Egypt.
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The traditional method of inspecting tanks puts workers in danger. Using robots instead can keep workers out of harm’s way.
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Subsea tieback in the Central North Sea expected to produce 20,000 BOED at peak, boosting output to Alvheim FPSO.
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The two projects at the Jack/St. Malo and Tahiti deepwater facilities are expected to recover millions of additional barrels of oil equivalent.
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Offshore wind power involves generating electricity from wind farms located at sea. Because wind speeds are generally higher offshore than on land, these farms produce more electricity for the same amount of installed capacity. Both wind and solar energy are renewable and do not emit carbon, which helps reduce dependence on fossil fuels such as oil and gas.
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Since the late 1930s, the offshore industry has advanced from the first platform in 14 ft of water to the ultradeepwater 20K era. Driven by seismic, drilling, and development breakthroughs, the industry has pushed into deeper waters, high-pressure reservoirs, and new frontiers like Guyana, continually expanding the limits of offshore exploration.
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This paper describes a workflow that has been established to calculate the value of reservoir surveillance in producing gas fields based on established value-of-information methods.
