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.
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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.
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In lifting force majeure, TotalEnergies says it will restart construction on its Mozambique LNG project as soon as the government agrees to a revised budget and schedule that targets shipping first product in 2029.
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Thailand’s PTTEP is partnering with subsea joint venture SLB OneSubsea to expand capacity across two fields offshore Malaysia.
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Updates about global exploration and production activities and developments.
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SponsoredSince 1997, intelligent completions have transformed reservoir management, but adoption remains limited due to perceived complexity. The industry reached a pivotal moment with the development of next-generation technologies that address longstanding challenges and offer simpler operation solutions.
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BP’s new electric gas compression platform at Shah Deniz, Azerbaijan’s largest natural gas producer, is expected to sustain exports to Europe even as the field enters decline.
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The companies say they plan to use AI to unlock value from terabytes of data upstream and across FPSO operations.
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This paper describes an experimentation trial deploying and operating a computer-vision system on a deepwater rig to measure drilled cuttings in real time using a remotely monitored camera system.
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The experience captured in this paper illustrates the potential of deepwater riserless wireline subsea intervention capability and the fact that it can be expanded beyond hydraulic-only, simple mechanical, and plugging-and-abandonment scopes.
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The subsea field is part of the larger Snøhvit development in the Barents Sea.