Floating production systems
Spanish yard will prep the almost 40-year-old FPSO for redeployment opportunities for new owner.
Once labeled “undrillable,” Brazil’s heavy-oil Atlanta field in the Santos Basin faced technical, financial, and logistical challenges. But through a phased approach, clever reuse of assets, and disciplined project execution, Brava Energia transformed a risky deepwater asset into a producing field with 172 million BOE in 2P reserves.
In the wake of the falling number of exploratory wells in the country, Brazil-owned Petrobras addressed audience concerns as well as outlined new avenues for production at the Offshore Technology Conference.
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GATE Energy is the most recent contract awardee for LLOG Exploration's Salamanca project in the Gulf of Mexico. -
LLOG Exploration looks to engineering partner to assist with its ambitious platform re-use project in the Gulf of Mexico.
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The new-generation FPSO will minimize emissions with carbon capture and reinjection as well as energy-recovery capabilities.
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The Eni-BP Azule JV creates Angola’s largest independent oil and gas company and will operate the New Gas Consortium project, the country’s first non-associated gas project and a boost to West African LNG.
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Eni has proposed that its partners in the Rovuma LNG project construct a second floating liquefied natural gas processing facility to circumvent political risks that have disrupted ExxonMobil from building an onshore megaplant.
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A new report shows that the offshore oil and gas sector is cautiously getting back to work, with some projects delayed and while EPC awards for sanctioned projects remain robust.
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Energy trader Vitol also made an unspecified strategic investment in Delfin Midstream.
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The contractor will finalize the chosen FPSO solution for the development in the Campos Basin pre-salt off Brazil.
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Something often talked about but rarely occurs is the reuse of an existing, but idled, production platform on a new field. LLOG wants to change that with ambitions to rejuvenate the former Independence Hub floating production system for use on its Leon/Castile project in the deepwater Gulf of Mexico.
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The sale is subject to the closing of the acquisition by BW Energy of the 100% operating working interest in the Golfinho field from Petrobras.
