Onshore/Offshore Facilities
Alongside the new subsea awards, Equinor strengthened its position in the 400-million-bbl Bay du Nord development by acquiring BP’s interest in the project.
The events will be co-located 3–5 May 2027 at Reliant Park in Houston, Texas.
The supermajor said the fields are not expected to contribute meaningfully to its production profile by 2030.
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Decommissioning and abandonment comes with its share of unexpected surprises, but many of those surprises could be avoided merely through better planning and care. -
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Cutting-edge computing and subsea wireless camera technology deployed on a pipeline construction project enhanced diver safety and generated significant cost savings by avoiding the need for additional subsea vessels.
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The pipeline system will have the initial capacity to deliver 150,000 B/D of crude oil to multiple delivery points, accessing local refineries and connecting to several downstream pipelines.
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The move comes weeks after Gazprom announced a final development concept for the project. Other projects Shell is developing with Gazprom, including the Sakhalin 2 export facility, will not be impacted by the decision.
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During the last decade, the use of drones for industrial asset inspections has grown significantly. The ability to inspect in-service flares can eliminate millions of dollars of operational expenditure and mitigate safety risks presented by traditional access methods.
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The gas agreement clears the way for the FEED phase; FID expected in 2020.
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The independent oil and gas company is aiming to build shareholder value through a change in business focus to midstream with this step into pipeline service and construction.
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Aker Solutions and FSubsea have agreed to a joint venture, named FASTSubsea, to help operators increase oil recovery.
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A growing sector of water midstream companies is in the Permian Basin looking to take advantage of a business opportunity borne out of rising produced water volumes. Billion-dollar valuations for these companies in the near future could become a reality.
