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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A new report claims as many as 30 units could become available for new work by the end of next year. -
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.
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Up to 10 FPSOs could be needed to fully develop the discovered resource base in the area.
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BP’s Argos platform is part of the $9-billion Mad Dog project in the US Gulf of Mexico.
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The Japanese contractor received word in early April it would be temporarily banned from new competitive bidding.
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The paper details the fast-tracking of a 450-km floating liquefied natural gas unit relocation from Sarawak to Sabah offshore Malaysia. The time from selecting the new field to unloading LNG at the new location was 13 months.
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With all critical components nearly in place, production is set to start this year at the Lingshui 17-2, China’s first ultradeepwater gasfield development project.
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With a replacement gas injection system successfully installed, the Liza Destiny FPSO has reached its peak capacity of 120,000 B/D on the one-year anniversary of its commissioning.
