Floating production systems
Mozambique is poised to become Africa’s third-largest exporter of liquefied natural gas when Coral Norte comes onstream in 2028.
        
        
    
    MODEC will supply the FPSO that will host up to 18 wells in the initial phase of development.
        
        
        
        
    BW Opal FPSO has capacity for 850 MMcf/D of gas, which will be treated and sent on to the Darwin LNG facility, and 11,000 B/D of condensate, which will transferred via tanker.
        
        
        
        
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                    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.
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                    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.