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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Brazilian state oil company will charter two pipelay support vessels for 3 years plus options.
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Russia is pouring investment into liquefied natural gas projects as it seeks to leverage the world’s largest natural gas reserves together with the logistical advantages of delivering it at a competitive price to Asia and Europe along the now-navigable Northern Sea Route.
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The authors write of an efficiency-optimization effort in the planning and construction of a West African breakwater for LNG service that resulted in increased financial and environmental benefits.
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The complete paper discusses structural assessments for gravity-based structures, a topic that the authors write is underrepresented in the literature.
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Brent crude oil price finally had reached $75/bbl at the time of writing. So far, this oil price is the highest since before the COVID-19 pandemic, which is a good sign that demand is picking up. Oil and gas offshore projects also seem to be picking up; most offshore greenfield projects are dictated by economics and the price of oil.
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The paper focuses on a process developed to identify, evaluate, and eliminate interdependent bottlenecks on the Constitution platform and its flowline network.
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After more than 2 decades of talk, multiple millions of dollars in investments, and a decade’s worth of joint industry projects, operators are starting to get on board with electrification as the base case for subsea solutions.
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The wells that were taken off line as a result of the blaze had been producing 421,000 B/D of oil.
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Port Fourchon is close to the offshore oil platforms in the US Gulf, but it is also at the southern edge of Louisiana where the land is fading away.
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The project’s new wellhead platform will be powered by a renewable energy system.