Floating production systems
As a champion of floating natural gas liquefaction technology, Eni is positioning itself to play a major role in Africa with a fast-growing gas-liquefaction capacity targeted to reach 14 million tonnes per year by 2028.
The Japanese company ratcheted up the competitive nature of contracting for a floating production, storage, and offloading vessel and an onshore liquefied natural gas plant for the Abadi project by announcing dual front-end engineering design (FEED) contracts.
Deepwater Yellowtail project, onstream 4 months ahead of schedule, is expected to produce an average of 250,000 BOPD.
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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.