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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Search for the missing workers continues as the Mexican state oil company investigates the cause of this latest blaze. -
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.
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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.
