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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The contractor will finalize the chosen FPSO solution for the development in the Campos Basin pre-salt off Brazil. -
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.
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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.
