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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Updates about global exploration and production activities and developments. -
Discovered in 2010, the Búzios field offshore Brazil achieved a new milestone with the installation of its sixth production facility.
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The floating production, storage, and offloading vessel is the first in the world with a postcombustion carbon capture pilot system.
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The Tiber FPU is expected to follow the Kaskida hub currently being built in Singapore.
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The new Sevan-designed cylindrical FPSO is expected to flow 45,000 BOE/D at peak.
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The Norwegian operator engaged BW Offshore and Altera Infrastructure to take a run at a development scheme for the project.
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At peak, 100,000 BOE/D is expected to flow to the Whale production semisumbersible, which largely replicates the Vito semi.
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After overcoming the challenges of a new offshore frontier, BP has begun first gas flow at its ultradeep project offshore Mauritania and Senegal.
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The first two wells at Brava Energia’s Atlanta field are producing, with four more to be connected this year.
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After being a non-factor in the energy industry for years, the country is now one of the fastest growing regions.
