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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The Offshore Technology Conference has announced the 2025 Spotlight on New Technology Award winners—nine game-changing innovations shaping the future of offshore energy. Join the celebration at 1600 CDT on Monday, 5 May, at the NRG Center, Houston. -
Updates about global exploration and production activities and developments.
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Hammerhead, the seventh planned project offshore Guyana, is expected to reach FID later this year and go on-stream in 2029.
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Offshore activity is expected to begin in 2027 with first oil from the 20K-psi project slated for 2028.
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Brazil’s ANP extends BW Energy’s contract for the deepwater field from 2031 to 2042, and BW plans to further develop the field.
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The shallow-water subsea tieback to the Jupiter platform is expected to produce about 250 MMcf/D of gas at peak.
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Ginger is among the 10 upstream projects that BP plans to bring on-stream by 2027 after resetting its strategy to raise oil and gas investments to $10 billion per year.
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Launch of development drilling marks a new milestone as Romania aspires to become EU’s largest gas producer.
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Updates about global exploration and production activities and developments.
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This paper describes an intelligent completion system in the context of multiple wells that, by electrifying the process, replaces the conventional electrohydraulic systems that have been in use for decades.
