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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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Additive manufacturing can alleviate and avoid long, expensive production shutdowns and reduce supply chain carbon footprints. Key to unlocking this potential is building trust in “printed” parts. -
Shell signs on to take LNG from the planned Louisiana plant.
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For some, the payoff for going green can be astronomical. Others can rest assured that they will be well positioned in the transition.
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US Gulf project will use a similar floating solution to the operator’s Vito project due onstream next year.
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The US remained Europe’s biggest supplier of LNG in Q1 2021, a position it has held since mid-2019 when competition with Russia began to heat up.
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The FBI also released a security advisory and details regarding 23 attacks on oil and gas companies from December 2011 to 2013.
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The LNG carbon-credit plan is just part of the operator’s overall ambition to be a net-zero company by 2050 or sooner.
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SwRI’s EZ Flow treatment process is intended to cut down on cost and energy intensity of heavy-crude pipeline transportation.
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Russian oil major Lukoil expanded its Gulf of Mexico presence, acquiring a 50% operator interest in Mexico’s Area 4 offshore license area.
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The latest move by Tellurian signifies a business model change from a financial partnership with LNG users to sales to traders.
