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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The operator will move forward with its multibillion-dollar Northern Hub project while planning for additional exploration drilling in the region. -
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.
