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.
-
ExxonMobil and Guyana expect to approach 1 million B/D of oil as the ONE Guyana vessel reaches the Stabroek block. -
The strategic buyout of Portugal’s Galp is ADNOC’s first investment in Mozambique as it continues to grow its lower-carbon LNG portfolio.
-
The project is the most northern field offshore Norway to begin production.
-
Brazil’s ANP extends BW Energy’s contract for the deepwater field from 2031 to 2042, and BW plans to further develop the field.
-
SLB will use artificial intelligence-based software to help ensure the delivery of 18 ultradeepwater wells.
-
Operator targeting 2029 for first production from the pre-salt gas-condensate discovery off Brazil.
-
The production unit for the Balder field in the North Sea is expected to go on-stream in the second quarter of 2025 following the staged tow-out of the FPSO.
-
Discovery yields the largest hydrocarbon column to date in the Dussafu Marin license offshore Gabon.
-
Mero expects to increase its production capacity to over 700,000 B/D.
-
Updates about global exploration and production activities and developments.
