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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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A decommissioning project carried out by DOF Subsea on behalf of Repsol Sinopec Resources UK in the Central North Sea has achieved a 99% rate for the combined recycling and repurposing of recovered materials. -
Giant gas project off Australia had been idle since last December.
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QatarEnergy is farming into ExxonMobil’s North Marakia deepwater exploration project offshore Egypt as it further grows its position in the East Med and a share of possible future gas sales to Europe.
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The decision comes after an environmental review showed that the floating production, storage, and offloading vessel-based development was unlikely to cause negative environmental effects.
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The US oil and gas company's exit from Russia amid the ongoing military conflict freezes the Russian Far East LNG project and cripples Rosneft’s ambitions to become a competitive global LNG supplier.
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A system that could help turn stranded-gas fields into producing projects has moved closer to reality, aided by the growing focus on reductions in carbon emissions.
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The three papers selected for this Tech Focus feature describe technologies that can make natural gas safer to move and store.
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As the number of discoveries goes down and headwinds increase, the days of the US Gulf of Mexico megaproject could be numbered.
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The authors describe a process study to identify the potential causes of flaring during LNG offtake and corrective measures to accomplish zero flaring without capital plant modification.
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This paper examines the technical, strategic, and commercial benefits of barge liquefied-natural-gas technology in deepwater and onshore gas developments.
