Floating production systems
Equinor said it found between 14 million and 24 million BOE with its most recent exploration well in the Polynya Tubåen prospect.
The project partners and the Newfoundland and Labrador government reach agreement over life-of-field benefits, royalties, and an equity option, moving development toward sanction in 2027.
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.
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Operators remove personnel, shut in production in the region ahead of Ida. -
A fire at Ku-Maloob-Zaap killed five and sidelined more than 400,000 BOPD.
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Search for the missing workers continues as the Mexican state oil company investigates the cause of this latest blaze.
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The facility is the second delivered under Aker BP’s platform alliance designed to use a more integrated project delivery model.
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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.
