Floating production systems
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.
Despite a 2.8% drop in liquefied natural gas exports in 2025 because of lost market share in China, Australia anticipates a 2026 rebound as new North West Shelf capacity comes online. Meanwhile, East Coast operators brace for a tsunami of wells entering the decommissioning pipeline and potential energy shortfalls necessitating LNG imports.
Woodside’s $12-billion gas project offshore Western Australia is expected to produce up to 8 mtpa once it’s complete.
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This paper presents the operator’s learnings in evaluating the routine of a floating production, storage, and offloading asset crew to identify scenarios for the application of robotics in day-to-day offshore activities.
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FPSO to be connected to high-pressure subsea separation technology pilot project.
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Petrobras said the unit serving the pre-salt field is designed to reduce up to 24% of emissions.
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Contactor will provide EPCI work related to the subsea portion of the 20K Gulf of Mexico development.
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The field's massive FPSO is anchored in place and on schedule for first oil prior to year-end.
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As Hurricane Francine bore down on the central Louisiana coast, production in the Gulf of Mexico took a hit.
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The updated plan seeks to avert termination of the PSA by raising total investment and constructing a floating production unit at Aphrodite plus an export pipeline to Egypt.
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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.
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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.