Offshore/subsea systems
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.
In the fourth development phase, a planned tieback would connect resources from two North Sea discoveries to existing infrastructure at the Johan Sverdrup field, pending project sanction.
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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.
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The Angolan project is expected to add 30,000 B/D of oil production by year-end 2024.
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The Rosmari-Marjoram project will be developed utilizing subsea wells and solar power.