Floating production systems
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.
Despite a 2.8% drop in liquefied natural gas exports in 2025 because of 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.
Woodside’s $12-billion gas project offshore Western Australia is expected to produce up to 8 mtpa once it’s complete.
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Contracts for the Uaru project’s FPSO and subsea installation were awarded to MODEC and Saipem.
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Congo LNG, expected to hit capacity in 2025, aims to transform the African country into a natural gas exporter.
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The two LM9000-driven trains are part of the ZLNG nearshore floating LNG project.
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The semisubmersible host is the centerpiece of BP’s $9-billion Mad Dog Phase 2 project.
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After successfully identifying prospects offshore Namibia with Shell and TotalEnergies, QatarEnergy is now expanding its African footprint into Mauritania.
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The contractor will execute the work scope jointly with Canadian subcontractor Hatch.
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TotalEnergies’ flagship ultradeep Egina field won the award at the 15th International Petroleum Technology Conference held earlier this month in Bangkok, Thailand.
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The deepwater US Gulf of Mexico is the template for Shell's Whale development due online in 2024.
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This year has seen the highest amount of capacity sanctioned since 2010.
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The standalone FPSO destined for Senegal’s first offshore oil development is on its way to a Singapore yard for topsides integration and commissioning.