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The latest startups mean BP has brought five of its seven major 2017 projects onstream.
Egypt still needs to import natural gas from neighboring countries to satisfy domestic consumption, so Egypt’s government has agreed to pay a higher price to the foreign operators and encourage them to develop new natural gas discoveries.
Minimum-facility CSP combines the advantages of a platform with the rig-run benefit of a subsea development to achieve lower capital and installation/intervention costs.
The FLNG development will be the first offshore Africa and the world’s third.
Changing umbilical and cable designs support cost-effective deepwater production.