Offshore/subsea systems
Alongside the new subsea awards, Equinor strengthened its position in the 400-million-bbl Bay du Nord development by acquiring BP’s interest in the project.
The $5.1 billion ultradeepwater project is Angola’s first integrated cross-block development and sits at the top of Azule’s Southern African portfolio.
Equinor and its partners’ investment in the Troll West Increased Gas Recovery North (TWIN) project aims to unlock around 11 Bcm of additional natural gas from the Troll field, with first production targeted as early as 2028.
-
Contractor will conduct front-end engineering of a first-of-its-kind all-electric subsea production system. -
The EPCI contract will see a new water-injection pipeline added to the complex.
-
The sales and purchase agreement obliges Taiwan’s national oil company, CPC, to buy 4 mtpa of liquefied natural gas for 27 years while Taipei also acquires equity in the North Field East.
-
The deepwater Gulf of Mexico project in the Paleogene will require a 20K-psi production semisubmersible.
-
Mooring operations underway following arrival of the GTA FPSO on-site at the maritime border of Mauritania and Senegal.
-
The first wells from the current North Sea development project are expected online in 2026.
-
Belgium, the Netherlands, Germany, Norway, the UK, and Denmark have signed a joint declaration aimed at protecting critical infrastructure in the North Sea, including subsea fiber-optic cables, gas and oil pipelines, electricity transmission cables, and offshore wind installations.
-
The contracts kick off another round of development in deep and ultradeep water off India’s east coast in the Bay of Bengal.
-
The contractor will install the flowline and related subsea equipment later this year for the Talos Energy-led development.
-
A total of 15 companies, including five small businesses, were recognized this year for their demonstrated advancements in the industry.
