Onshore/Offshore Facilities
Research facility plans to add multiphase-flow-testing capabilities for heavy oil and different viscosities.
The decision keeps the effective tax rate on upstream projects at 78%, prompting new warnings that investments will continue to dwindle in the UK Continental Shelf.
Adura will become the UK North Sea’s largest independent producer by combining 12 key oil and gas assets, employing around 1,200 staff. It aims to produce more than 140,000 BOED in 2026.
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Republicans have been raising concerns for weeks about a possible administration clampdown on natural gas exports. Now that it’s official, expect the congressional pushback to intensify. -
The contractor was tapped by Offshore Frontier Solutions to provide electrical systems and associated digital solutions for ExxonMobil’s fifth FPSO in the region.
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In a sale agreement valued at $2.4 billion, Shell will move on from its Niger Delta upstream business which it has operated since 1979.
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Heavy-lift and installation specialists will pre-install a mooring spread for upcoming Stabroek block FPSO.
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The 100 million BOE-plus find will be tied back to the Heidelberg spar.
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The Ksi Lisims floating LNG facility is planned to be the world's lowest emission-intensity LNG facility and net-zero ready by 2030.
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Woodside Energy's Trion field offshore Mexico features a four-column semisubmersible FPU with a production capacity of 100,000 BOPD.
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The producer’s Lime Rock and Venice discoveries were brought on stream in late December.
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Located in the National Petroleum Reserve in Alaska, the Willow project is estimated to produce 180,000 BOPD at its peak.
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Production from the Sparta field is expected to start in 2028.
