Floating production systems
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.
Despite a 2.8% drop in liquefied natural gas exports in 2025 because of lost market share in China, Australia anticipates a 2026 rebound as new North West Shelf capacity comes online. Meanwhile, East Coast operators brace for a tsunami of wells entering the decommissioning pipeline and potential energy shortfalls necessitating LNG imports.
Woodside’s $12-billion gas project offshore Western Australia is expected to produce up to 8 mtpa once it’s complete.
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The Whale floating production unit, comprising a topside module and a semisubmersible hull, is a near-twin to the previously delivered Vito facility. -
The company is set to supply offshore well services and subsea systems for Vår Energi-operated fields on the Norwegian Continental Shelf.
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Production from the field northwest of the Shetland Islands is expected to start in 2026 or 2027.
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The discovery in the US Gulf of Mexico was tied back to the existing Shenzi tension-leg platform.
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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.
