Floating production systems
The project in the US Gulf is expected to add about 15,000 BOEPD to the deepwater Atlantis project at peak production.
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.
First oil is expected from Phase 1 of the project in 2028, with up to four more phases planned.
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The contractor will install flexible pipe and subsea structures on the field in Block 17 offshore Angola.
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The contract awarded by MODEC is for the supply of gas technology equipment for installation on the project’s FPSO.
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Recent developments from Equinor and Murphy Oil Corp. offer hope that the industry is zeroing in the right approach to building megaprojects.
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The FPSO Anna Nery is the first of two floaters set to revitalize production at the Marlim field in the northeastern part of the Campos Basin offshore Brazil.
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The Equinor-led BM-C-33 will utilize a gas processing FPSO in the Campos Basin field cluster.
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Shell and Equinor are progressing the project toward a final investment decision, which is expected later this year.
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Contracts for the Uaru project’s FPSO and subsea installation were awarded to MODEC and Saipem.
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Congo LNG, expected to hit capacity in 2025, aims to transform the African country into a natural gas exporter.
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The two LM9000-driven trains are part of the ZLNG nearshore floating LNG project.
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The semisubmersible host is the centerpiece of BP’s $9-billion Mad Dog Phase 2 project.