Floating production systems
Operator targeting 2029 for first production from the pre-salt gas-condensate discovery off Brazil.
The production unit for the Balder field in the North Sea is expected to go on-stream in the second quarter of 2025 following the staged tow-out of the FPSO.
Discovery yields the largest hydrocarbon column to date in the Dussafu Marin license offshore Gabon.
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Since the late 1930s, the offshore industry has advanced from the first platform in 14 ft of water to the ultradeepwater 20K era. Driven by seismic, drilling, and development breakthroughs, the industry has pushed into deeper waters, high-pressure reservoirs, and new frontiers like Guyana, continually expanding the limits of offshore exploration. -
The operator will move forward with its multibillion-dollar Northern Hub project while planning for additional exploration drilling in the region.
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Phase 2 of the fast-track project expected to quadruple output to 60,000 BOPD by year-end.
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Both new and old vessels are benefiting from automation processes that can improve operational efficiency, predict downtime, and debottleneck workflows using a flurry of crucial data points.
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A newbuild Fast4Ward hull will be used as part of the Block 58 development set for FID prior to year-end.
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The deepwater Gulf of Mexico project in the Paleogene will require a 20K-psi production semisubmersible.
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Mooring operations underway following arrival of the GTA FPSO on-site at the maritime border of Mauritania and Senegal.
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The massive vessel moved from Aker Solutions quayside to begin sea trials ahead of deployment in the Barents Sea prior to year-end.
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The set of new-generation FPSOs will be delivered in 2029 equipped with technologies that can cut greenhouse emissions by 30% given the unit’s all-electric configuration.
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At the 2024 Offshore Technology Conference, industry giants like ExxonMobil, Equinor, and Petrobras offered a look at the future of low-carbon floating production, storage, and offloading units.
