Onshore/Offshore Facilities
Production from the Búzios field now tops 1 million B/D with six floating production systems in operation and more on the way.
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.
-
With growing trade of liquefied natural gas (LNG), an increased diversification of LNG supply sources may occur in the LNG tanks as different compositions of LNG are stored in the tanks. It is the primary concern in terms of assuring stability and safety in LNG storage. -
The French operator will tie satellite field back to existing FPSO, with first oil expected in around 2 years.
-
Energy firm Vattenfall has conducted large-scale seabed surveys with uncrewed surface vessels. The company reports positive results, from both climate and safety aspects.
-
Proposed energy projects needing US federal permits will come under increased scrutiny related to the scope and magnitude of potential emissions.
-
Satellite imaging of methane emissions offers the fossil fuel industry the empirical data it needs to fix problems that companies might not even know they have before the EPA starts to levy fines in 2024.
-
The authors of this paper describe a software technology that balances calculated well-integrity risk with the associated financial impact for an entire integrity-surveillance program.
-
Industry leaders are harnessing the power of data to improve efficiencies, eliminate nonproductive time, and reduce Capex.
-
FSRU Exemplar will deliver natural gas to Finnish and Baltic markets via a decade-long contract with local transmission company.
-
After suffering a 2-year delay and unexpectedly large cost overruns, the Norwegian oil and gas field is expected to produce for 20 more years.
-
Instead of insights, traditional economic yardsticks in mature fields can create surprises. Buyers, investors, and lenders need new yardsticks—besides those based on present value—in order to make profitable decisions in mature properties.
