Floating production systems
At this month's 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.
Enhancement to the drillship comes ahead of work commitment on Shell's Sparta development in the US Gulf of Mexico, its first in the Gulf to produce from 20K reservoirs.
The largest project to date will add a capacity of 250,000 B/D starting in 2025.
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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.
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Giant gas project off Australia had been idle since last December.
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The decision comes after an environmental review showed that the floating production, storage, and offloading vessel-based development was unlikely to cause negative environmental effects.
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The Norwegian platform was taken off line as a precaution after an undersea earthquake shook the area.
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Vessel will have Aker-made modules installed in Norway where final outfitting and commissioning will take place.