Onshore/Offshore Facilities
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Plans call for license partner Aker BP to serve as operator during the development phase, with operatorship reverting to DNO after first oil in 2028.
Production from the Búzios field now tops 1 million B/D with six floating production systems in operation and more on the way.
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As the US bests Qatar and Australia for top LNG supplier, Europe is overtaking Asia as the top destination for US cargoes.
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A new report shows that the offshore oil and gas sector is cautiously getting back to work, with some projects delayed and while EPC awards for sanctioned projects remain robust.
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Energy trader Vitol also made an unspecified strategic investment in Delfin Midstream.
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The local player completes second field in Block 1(a) off the west coast of Trinidad. The unmanned platform is completely powered by solar and wind.
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New Fortress Energy again taps the engineering giant for one of its modular LNG plants, this one using fixed platforms.
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The contractor will finalize the chosen FPSO solution for the development in the Campos Basin pre-salt off Brazil.
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QatarEnergy has selected Shell as its fifth and final international partner on the expansion project.
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The Bureau of Ocean Energy Management has released the Draft Environmental Impact Statement for the proposed Ocean Wind 1 wind energy project offshore New Jersey, opening a 45-day period for public comment.
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The Russian president has signed a decree that appears to nationalize the Sakhalin-2 offshore oil and gas production-sharing agreement and related LNG facilities to squeeze out its foreign partners.
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Digital technology and high computing and processing speeds and novel technologies are providing additional impetus to extend the life of tubulars for long-term sustained production, minimizing negative effects on the environment. Recently, many new technologies borrowed from the horizontal-drilling industry have been applied effectively for downhole conditions to det…