Offshore/subsea systems
FPSO is the fourth unit to go online in the deepwater pre-salt Mero field in 3 years.
The investment underscores ExxonMobil’s pivot to Nigeria’s offshore after it finalized the divestiture of its onshore assets in the country.
FLNG vessels will handle gas from the Vaca Muerta formation when they go online in 2027 and 2028 offshore Argentina.
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Operator also moves forward with electrification of the Njord field.
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Development of these offshore fields carries a combined price tag net to Aker BP of $19 billion.
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A successful round of sea trials moved the seismic technology company Blue Ocean Seismic Services closer to operational scaleup and commercial operations of its data-collection network.
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The supermajor is expected to put off green-lighting the presalt project for up to 2 years.
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The subsea partners secured a contract for the Cypre gas project offshore Trinidad and Tobago.
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Settlement of the maritime border between Israel and Lebanon will unlock new natural gas reserves in the Eastern Mediterranean.
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Oil and gas operators around the globe are targeting reductions in offshore carbon emissions, and facilities electrification is the key that will help them meet their goals.
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The Cypre offshore gas project announcement comes the day after the energy company renewed its supply contract with the country’s national gas company.
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First production from the UK North Sea gas field is expected in the second half of 2025.
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Santos will seek an expedited appeal of the Australian Federal Court decision.