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A larger FPSO unit and subsea systems could be in store for the second phase of the ExxonMobil-operated Liza development offshore Guyana.
The project will initially develop the Tortue discovery; however, there are several other smaller discoveries and more than a dozen prospects nearby that could add upside to this Atlantic Margin presalt play.
The Brazilian major intends to drill an average of 29 exploratory wells annually by 2020, nearly double the average number of wells drilled in 2016 and 2017.
The use of AI to monitor subsea operations is growing.
The ship is scheduled for integration of its six topsides at Tarkwa Bay in Lagos, Nigeria. Failing to reach an agreement with the NPA would reduce Nigerian content in the project and erode confidence about its viability.
Floater Briefs For Jan. 11
Bermuda-based Golar LNG has declared that the shipping market recovery has begun.
Floater And Vessel Briefs For Nov. 16
Floater And Vessel Briefs For Nov. 2
Floater Briefs For Oct. 19
SBM Offshore has reached a milestone with its Fast4Ward program that aims to make deepwater projects more attractive with optimized design and standard specifications.
Delfin Midstream and Golar LNG Ltd. said they have signed an agreement to develop the Delfin LNG project off the coast of Cameron Parish, La., utilizing Golar’s floating LNG (FLNG) technology.
For the first time, the U.S. Department of Energy has granted approval for a floating gas terminal to export LNG to countries not in a free-trade agreement with the U.S.
Petronas marked an important milestone in the LNG industry in late March by shipping the first cargo from a floating liquefaction unit.
An updated forecast shows a resurgence of FPSO activity in the years ahead as falling project costs and improving market conditions boost optimism for brighter days ahead.
On the back of the U.K. government’s recent move to allow the transfer of tax history on assets sales, confidence is surging that the industry will experience growth in many areas, such as plugging and abandonment (P&A) work, thus spurring jobs growth and increased spending.
A small gas field on the edge of the British North Sea could become a litmus test for U.S. policy toward Iran.
Policy Briefs For July 27
Policy Briefs For July 13
A regulatory move by the U.S. Bureau of Safety and Environment Enforcement (BSEE) gives offshore drillers more time for development operations.
Development Briefs For Nov. 18
Exploration Briefs For Nov. 4
Development Briefs For Nov. 4
The 205/21a-7Z horizontal sidetrack well on the Lancaster Field offshore the U.K. has achieved a sustainable flow rate using an electrical submersible pump, according to Hurricane.
Development Briefs For Oct. 21
Work on the next generation of all-electric subsea production systems is being advanced, albeit not swiftly, as there is a three-way competition amongst big hardware companies.
Statoil and its partners will make a decision before year-end 2016 to proceed with the expansion of the $3 billion to $3.3 billion Snorre Field in the Norwegian Sea.
Aker Solutions and MAN Diesel & Turbo have revealed plans to cut the size and weight of subsea compression systems by “at least 50%,” with the new generation system capable of bringing many medium- and small-sized gas fields into the realm of economic viability.
Finding new cost-saving, quicker subsea solutions for deepwater projects are part of the quest for most oil and gas companies.
India’s state-run ONGC Ltd. is preparing to launch an integrated development plan for gas fields in two adjacent shallow-water blocks—KG-OSN-2004/1 and GS-49-2—in the Bay of Bengal.
TechnipFMC is aiming to take subsea oil and gas production to the next level by reducing the weight and size of equipment on the seafloor while also simplifying configuration for flowlines and installation.
The subsea factory has long been the aim of E&P companies, and step by step it is becoming a reality. One of the key components is technology for the distribution, delivery and control of the subsea power system.
Kraken Robotics Inc. has entered a partnership with Avitas Systems, a General Electric Venture, to advance robotic inspections for the oil and gas, offshore renewable energy and shipping industries, according to a news release.
Corrosion can be considered one of the offshore oil and gas industry’s worst enemies.
Subsea power distribution systems will play a major role in the future of subsea field development projects. Once the Siemens Subsea Power Grid (SPG) is released to the market, the technology will increase tieback ranges massively and hike reserve recovery levels, the company told SEN.