Floating production systems
Spanish yard will prep the almost 40-year-old FPSO for redeployment opportunities for new owner.
Once labeled “undrillable,” Brazil’s heavy-oil Atlanta field in the Santos Basin faced technical, financial, and logistical challenges. But through a phased approach, clever reuse of assets, and disciplined project execution, Brava Energia transformed a risky deepwater asset into a producing field with 172 million BOE in 2P reserves.
In the wake of the falling number of exploratory wells in the country, Brazil-owned Petrobras addressed audience concerns as well as outlined new avenues for production at the Offshore Technology Conference.
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ExxonMobil and its partners now believe they have discovered 11 billion BOE.
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Norphlet-trend discovery will be developed via a three-well subsea tieback to the Blind Faith FPU.
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Giant gas project off Australia had been idle since last December.
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The decision comes after an environmental review showed that the floating production, storage, and offloading vessel-based development was unlikely to cause negative environmental effects.
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The Norwegian platform was taken off line as a precaution after an undersea earthquake shook the area.
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Vessel will have Aker-made modules installed in Norway where final outfitting and commissioning will take place.
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Design, construction specialist books new work in the Middle East, Australia, and Saudi Arabia.
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Being first isn’t easy, as the massive Prelude has demonstrated. Since being commissioned in 2018, the world’s largest vessel has suffered a series of setbacks and has now halted production for an indefinite period of time.
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These four technical papers provide an overview of how facility decommissioning is addressed these days, including a case study in east Asia and a discussion of what to do with pipelines, flowlines, and umbilicals to preserve the environment—should they stay, or should they go?
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Excelerate, once disqualified from the proceedings, ends up with lease agreement to December 2023.