Offshore/subsea systems
The awards build on Tenaris’ role in earlier phases of the ultradeepwater Black Sea project.
An earlier deal to double Israel’s gas exports to Egypt led to approval of Leviathan’s Phase 1B expansion by guaranteeing long-term cash flow to finance the project.
Marking a major milestone as the Gulf of Mexico’s second 20,000-psi deepwater development, the project underscores how advanced high-pressure technology, management of flow challenges, and the floating production system’s role as a regional hub are helping open the door to more Inboard Wilcox development.
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Development of these offshore fields carries a combined price tag net to Aker BP of $19 billion. -
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.
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The Angolan project is expected to add 30,000 B/D of oil production by year-end 2024.
