Floating production systems
ExxonMobil and Guyana expect to approach 1 million B/D of oil as the ONE Guyana vessel reaches the Stabroek block.
The strategic buyout of Portugal’s Galp is ADNOC’s first investment in Mozambique as it continues to grow its lower-carbon LNG portfolio.
The project is the most northern field offshore Norway to begin production.
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This paper compares project economics of floating liquefied natural gas, onshore liquefied natural gas, and gas-to-wire processes.
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CEO John Hess said the Whiptail discovery could form the basis for a future oil development in the southeast area of the Stabroek Block.
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US Gulf project will use a similar floating solution to the operator’s Vito project due onstream next year.
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The field's partners, led by operator Suncor, agree to restructure the offshore project ownership to give a boost to plans for life extension.
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The Canadian pipeline operator will also operate the proposed floating LNG project with a planned startup slated for 2027.
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The paper examines the potential for larger and more-complex facilities to be converted to a mostly unattended status.
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A new report claims as many as 30 units could become available for new work by the end of next year.
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Rigs will be converted from drilling units to take the place of traditional floating LNG solutions.
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Expressions of interest released by the operator include everything from abandonment to life extension.
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A newbuild hull has been selected for facilities buildout.