Floating production systems
Equinor said it found between 14 million and 24 million BOE with its most recent exploration well in the Polynya Tubåen prospect.
The project partners and the Newfoundland and Labrador government reach agreement over life-of-field benefits, royalties, and an equity option, moving development toward sanction in 2027.
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.
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The newbuild FPSO is destined for the giant Australian gas project in 2025.
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The two newest crew members of the Pazflor floating production, storage, and offloading unit are a pair of robots capable of inspecting 1,700 different points of interest.
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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.
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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.