Offshore/subsea systems
Marking a major milestone as the Gulf of Mexico’s second 20K-psi deepwater development, the project underscores how advanced high-pressure technology, management of flow challenges, and the FPS’s role as a regional hub are helping open the door to more Inboard Wilcox development.
Despite a 2.8% drop in LNG exports in 2025 due to lost market share in China, Australia anticipates a 2026 rebound as new North West Shelf capacity comes online. Meanwhile, east coast operators brace for a tsunami of wells entering the decommissioning pipeline and potential energy shortfalls necessitating LNG imports.
The vessel, ordered by Eni, is expected to double LNG production at Eni’s project offshore Mozambique to 7 mtpa when it goes online in 2028.
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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.
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BW Opal FPSO has capacity for 850 MMcf/D of gas, which will be treated and sent on to the Darwin LNG facility, and 11,000 B/D of condensate, which will transferred via tanker.
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Nitzana will enable Israel to double gas exports to Egypt from the giant Leviathan gas field in the Eastern Mediterranean.