Floating production systems
New rules requiring Mozambique’s LNG industry to supply 25% of production to the domestic market could stabilize gas deliveries to South Africa’s Secunda industrial center as the Pande and Temane gas fields near depletion.
Argentina’s President Javier Milei met with TotalEnergies CEO Patrick Pouyanné and Eni CEO Claudio Descalzi in Paris to discuss Argentina’s energy sector, including projects linked to the Vaca Muerta shale formation and the development of the Argentina LNG export project.
With confidence in subsea boosting performance growing, BP is incorporating pumping systems into both greenfield developments and brownfield expansions.
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Woodside’s $12-billion gas project offshore Western Australia is expected to produce up to 8 mtpa once it’s complete. -
The platform brings the field’s installed production capacity to 1.5 million BOPD.
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The project in the US Gulf is expected to add about 15,000 BOEPD to the deepwater Atlantis project at peak production.
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Project financing raised by JP Morgan will enable YPF and its partners Eni and ADNOC’s XRG to launch Phase 2 of Argentina LNG, boosting production to 18 mtpa by 2030–2031.
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First oil is expected from Phase 1 of the project in 2028, with up to four more phases planned.
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Production from the Búzios field now tops 1 million B/D with six floating production systems in operation and more on the way.
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Mozambique is poised to become Africa’s third-largest exporter of liquefied natural gas when Coral Norte comes onstream in 2028.
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MODEC will supply the FPSO that will host up to 18 wells in the initial phase of development.
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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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Supermajor BP awards contract to same specialists who commissioned its Argos platform.
