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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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Operator hands out early engineering contracts to its alliance partners related to Norwegian North Sea development. -
The pureplay water midstream company bought the produced water infrastructure associated with Colgate’s purchase of Occidental acreage in June.
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Yamal LNG Resource, a subsidiary of Russia’s Novatek, has won exploration and production licenses to expand its Arctic resource base for sustained long-term growth of its LNG business.
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The contractor will provide engineering, procurement, construction, installation, and commissioning for pipelines and umbilicals at the Shell-led deepwater field.
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Russia’s Nord Stream 2 pipeline is now complete, although gas will not be flowing until regulators issue various approvals, expected by the end of the year.
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Shell moves nonessential personnel off its Perdido deepwater platform as a result of Tropical Storm Nicholas.
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Canadian midstream giant adds key US oil export capacity via private-equity exit.
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Strong storms can trigger steep, breaking waves that slam into platform and wind turbines with tremendous force. Scientists at the Norwegian University of Science and Technology and SINTEF are studying the behavior of offshore structures subjected to these kinds of waves. Their goal is to increase safety at sea.
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Damage reports and spill issues surface as operators work to bring production from the GOM back on line.
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Polish oil company will take an additional 2 mtpa for 20 years.
