Floating production systems
Production from the Búzios field now tops 1 million B/D with six floating production systems in operation and more on the way.
Mozambique is poised to become Africa’s third-largest exporter of liquefied natural gas when Coral Norte comes onstream in 2028.
MODEC will supply the FPSO that will host up to 18 wells in the initial phase of development.
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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.
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Energy trader Vitol also made an unspecified strategic investment in Delfin Midstream.
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The contractor will finalize the chosen FPSO solution for the development in the Campos Basin pre-salt off Brazil.
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Something often talked about but rarely occurs is the reuse of an existing, but idled, production platform on a new field. LLOG wants to change that with ambitions to rejuvenate the former Independence Hub floating production system for use on its Leon/Castile project in the deepwater Gulf of Mexico.
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The sale is subject to the closing of the acquisition by BW Energy of the 100% operating working interest in the Golfinho field from Petrobras.
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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.
