Production
News
June 01, 2023
The technique increases underground pressure in the reservoirs, which makes it easier to bring more oil to the surface and extends the life of the fields. Removing the CO2 also allows Petrobras to safely pipe the remaining natural gas to shore.
News
June 01, 2023
The project has already drilled 5 producing wells and 5 injectors. These wells will produce up to 150,000 bbl of crude oil, 6 MMcm of natural gas and inject 220,000 bbl of water per day.
Article
May 2023
As the upstream industry continues to require increased ROI at a lower capital investment, a subsea services provider is setting the bar on standardization, ensuring performance agility through a truly global solution to standard subsea production systems.
News
May 29, 2023
The production start-up from Akpo West, a short-cycle project, is expected by the end of 2023. In addition, OML130 contains the Preowei discovery, to be developed by tie-back to the Egina FPSO.
News
May 24, 2023
Johan Sverdrup produces at some of the lowest CO2 emissions of any oil field in the world at 80-90 % lower than the global average.
News
May 22, 2023
George Wilson, riserless light well intervention project manager, C-I, said, “Riserless interventions on vessels offer both time and cost advantages over riser interventions. C-I’s program offers the added benefit of dedicated dock space with advanced fluid tracking for faster between-well maintenance.”
News
May 15, 2023
Offshore Energies UK said gas and oil production was indeed in long-term decline. However, the North Sea and other UK waters still contained enough gas and oil to support much of the nation’s needs during the three decades it will take to reach net zero.
News
May 15, 2023
The platform and the floating storage and offloading vessel (FSO) have undergone extensive upgrades and are now ready for doubling the field life – and more than doubling production.
News
May 12, 2023
Major North Sea energy operators have met to discuss future opportunities and get clear messages on energy security, driving down emissions, and the importance of accelerating the transition at an annual meeting organized by the North Sea Transition Authority.
News
May 11, 2023
Equinor has, on behalf of the BM-C-33 license offshore Brazil with partners Repsol, Sinopec Brasil and Petrobras, awarded a contract for subsea umbilicals, risers and flowlines (SURF) to TechnipFMC, and a sales and purchase agreement (SPA) for the delivery of a floating production, storage and offloading (FPSO) unit to MODEC Inc.
News
May 10, 2023
“It makes absolutely no sense to not invest in the resources we have here at home, to import foreign fossil fuels, not create jobs here and import them at twice the carbon emissions as our local resources,” Prime Minister Sunak told lawmakers in weekly questions in the House of Commons on Wednesday.
News
May 08, 2023
The concept selected for BM-C-33 is based on an FPSO, capable of processing natural gas and oil/condensate and specifying these for sale without a need for further onshore processing.
News
May 03, 2023
This future development project on Blocks 20 and 21, located around 150 km southwest of Luanda, will comprise an FPSO, the seventh for TotalEnergies in Angola, connected to a subsea network.
News
May 02, 2023
The Chinese and French energy giants are in separate discussions with Saudi Aramco about the plans that may include the construction of facilities to export the fuel as liquefied natural gas (LNG), some of the people said, asking not to be identified because the matter is private.
News
May 02, 2023
SBM Offshore will operate the units through an Integrated Operation Model, which encompasses an organization model including seconding ExxonMobil Guyana employees in some key onshore and offshore positions.
News
May 01, 2023
The development consists of two subsea templates tied back to the Equinor-operated Njord A platform. A 36 km electrically trace-heated (ETH) pipe-in-pipe solution transports oil from the Fenja field to the platform for processing and transport.
News
April 28, 2023
The company expects Uaru, the fifth project on Guyana’s offshore Stabroek block, to add approximately 250,000 bbl of daily capacity after a targeted startup in 2026.
News
April 27, 2023
The new well is expected to produce approximately 4,000 boed, enough gas to heat approximately 200,000 UK homes. Together with the 10th well which started up earlier this year, the Cygnus facility is expected to produce enough gas per day to meet the needs of around 1.9 million UK households.
News
April 27, 2023
BW Offshore Limited has signed a short-term extension for the lease and operation of the FPSO Espoir Ivoirien in order to discuss a potential purchase of the FPSO by the client.
News
April 27, 2023
The P-82 FPSO will be one of the largest vessels to be deployed in the Búzios field, an ultra-deepwater oil and gas field covering an area of 853 square kilometers in the Santos Basin, around 180 kilometers off the coast of Rio de Janeiro, Brazil.
News
April 18, 2023
“This additional supply is crucial to the UK’s energy security and reduces our reliance on imports as we transition to net zero," said OEUK’s market intelligence manager Ross Dornan.