Floating production systems
The $5.1 billion ultradeepwater project is Angola’s first integrated cross-block development and sits at the top of Azule’s Southern African portfolio.
The Coral Norte FLNG is to be the mirror image of the Coral Sul unit, which shipped its first cargo in 2022 after it was put into service in Area 4 offshore Mozambique.
The new technology, recently highlighted at OTC, has received a statement of maturity from ABS.
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The new-generation FPSO will minimize emissions with carbon capture and reinjection as well as energy-recovery capabilities.
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The Eni-BP Azule JV creates Angola’s largest independent oil and gas company and will operate the New Gas Consortium project, the country’s first non-associated gas project and a boost to West African LNG.
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Eni has proposed that its partners in the Rovuma LNG project construct a second floating liquefied natural gas processing facility to circumvent political risks that have disrupted ExxonMobil from building an onshore megaplant.
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A new report shows that the offshore oil and gas sector is cautiously getting back to work, with some projects delayed and while EPC awards for sanctioned projects remain robust.
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Energy trader Vitol also made an unspecified strategic investment in Delfin Midstream.
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The contractor will finalize the chosen FPSO solution for the development in the Campos Basin pre-salt off Brazil.
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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.