Offshore/subsea systems
Equinor said it found between 14 million and 24 million BOE with its most recent exploration well in the Polynya Tubåen prospect.
BP sanctioned development of the Kaskida in 2024, with first oil from the high-pressure project expected in 2029.
Seventeen companies, including four small businesses, were recognized this year for their demonstrated advancements in the industry.
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The Louisiana contractor is buying Kystdesign for an undisclosed sum, expanding its underwater vehicle business. -
The agreement aims to bring the efforts of both companies together to advance digital-enabled carbon-free floating power generation.
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The Halten East project in the Norwegian Sea involves fields that if developed independently would be considered too marginal to be economically attractive.
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The production unit for the Balder field in the North Sea is expected to go on-stream in the second quarter of 2025 following the staged tow-out of the FPSO.
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Technology and partnerships play a pivotal role in how the oil industry finds and produces energy from frontier regions and brownfields, both now and in the future.
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Updates about global exploration and production activities and developments.
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Discovered in 2010, the Búzios field offshore Brazil achieved a new milestone with the installation of its sixth production facility.
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At peak, 100,000 BOE/D is expected to flow to the Whale production semisumbersible, which largely replicates the Vito semi.
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The acquisition, expected to close in early 2025, will bring Optime Subsea’s umbilical-less technology into Halliburton’s Testing and Subsea division.
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After overcoming the challenges of a new offshore frontier, BP has begun first gas flow at its ultradeep project offshore Mauritania and Senegal.
