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.
-
Contractor will conduct FEED work on ExxonMobil’s Uaru development, which is expected to lead to construction and installation work. -
Finland’s first LNG import terminal is just one of the solutions being worked to add natural gas supplies to the region.
-
The repeat order from Petrobras brings Keppel O&M’s net order book to about $8.2 billion.
-
GATE Energy is the most recent contract awardee for LLOG Exploration's Salamanca project in the Gulf of Mexico.
-
LLOG Exploration looks to engineering partner to assist with its ambitious platform re-use project in the Gulf of Mexico.
-
The new-generation FPSO will minimize emissions with carbon capture and reinjection as well as energy-recovery capabilities.
-
The Eni-BP Azule JV creates Angola’s largest independent oil and gas company and will operate the New Gas Consortium project, the country’s first non-associated gas project and a boost to West African LNG.
-
Eni has proposed that its partners in the Rovuma LNG project construct a second floating liquefied natural gas processing facility to circumvent political risks that have disrupted ExxonMobil from building an onshore megaplant.
-
A new report shows that the offshore oil and gas sector is cautiously getting back to work, with some projects delayed and while EPC awards for sanctioned projects remain robust.
-
Energy trader Vitol also made an unspecified strategic investment in Delfin Midstream.
