Production
News
May 19, 2025
Sable Offshore has restarted production at the Santa Ynez Unit (SYU), offshore California, marking a major milestone for the development once owned by ExxonMobil. The Santa Ynez Unit was previously shut down in May 2015 after facing regulatory hurdles and a pipeline leak.
News
May 14, 2025
McDermott has successfully completed fabrication, construction, and offshore floatover of the Scarborough floating production unit (FPU) topside and hull structures for Woodside Energy.
News
May 14, 2025
Eni has started gas production from the Merakes East field, in the Kutei basin, offshore Indonesia. The field will contribute up to 100 MMscfd of gas or approx. 18,000 boed to Eni’s production. This startup is another example of fast-track development as the field was brought on production approximately two years from FID.
News
May 07, 2025
ABS issued an approval in principle to SBM Offshore for its near zero FPSO concept. The NearZero FPSO design incorporates low carbon technologies that collectively create a “near zero” Scope 3 carbon emissions profile, achieving up to 80% reduction in GHG emissions.
News
May 06, 2025
Viridien has sold its Sercel Marlin™ Offshore Logistics management solution to Oil and Natural Gas Corporation (ONGC) to enhance operational efficiency and safety across its Western offshore E&P operations in India.
News
May 06, 2025
In a session titled “Offshore Production and Recovery: The Value of a Holistic Approach,” SLB’s President of Production Systems, Paul Sims, gave his take on key factors affecting the current offshore energy landscape, as well as SLB’s latest strategies and innovations.
News
May 05, 2025
(WO) – Day one of OTC 2025 kicked off Monday, May 5, in Houston, Texas. Offshore innovations and industry priorities in the current economic and geopolitical climate led much of the discussion on day one, exemplified in a panel on electrification.
News
May 05, 2025
BW Energy has reached final investment decision (FID) for the Maromba development offshore Brazil based on a capex-efficient development with an integrated drilling and wellhead platform (WHP) and a refurbished FPSO.
News
April 21, 2025
Chevron and TotalEnergies have launched production at the Ballymore project in the deepwater Gulf of Mexico/Gulf of America, a tieback expected to deliver up to 75,000 barrels per day. The field connects to the Blind Faith platform and marks Chevron’s first development in the Norphlet trend.
News
April 15, 2025
MODEC, a leading floating solutions provider in the global FPSO industry, has opened its new execution center in Kuala Lumpur, affirming its commitment to Malaysia as a strategic hub for regional business operations and innovation.
News
April 08, 2025
Shell Offshore Inc. (Shell), a subsidiary of Shell plc, today announced the start of production at Dover, the second subsea tieback connecting new wells to the existing infrastructure of the Shell-operated Appomattox production hub in the Gulf of America/Gulf of Mexico.
News
April 03, 2025
bp Trinidad and Tobago (bpTT) has safely delivered first gas from its Cypre development. Cypre is one of bp’s 10 major projects expected to start up globally between 2025 and 2027, announced as part of bp’s reset strategy to grow the upstream.
News
April 02, 2025
INEOS Energy has completed its acquisition of the U.S. Gulf business held by CNOOC's U.S. subsidiary. The deal increases INEOS' production globally to over 90,000 boed and marks the third major investment by INEOS Energy in the U.S. in the past three years.
News
March 31, 2025
Norway’s 86 billion kroner ($8.1 billion) Johan Castberg oil development in the Barents Sea has started pumping oil. The project, developed by Equinor ASA and partner Var Energi ASA, will reach peak production of about 220,000 bpd.
News
March 13, 2025
Murphy Oil Corporation has announced an agreement to acquire the BW Pioneer FPSO from BW Offshore. The FPSO will remain at its current location, supporting operations at the Cascade field and Chinook field in the Gulf of America.
News
February 25, 2025
Brazilian regulators are cracking down on some offshore drilling by oil giants like Petrobras and Equinor ASA, complicating exploration and production projects at a key moment in the nation’s effort to boost crude output.
News
February 21, 2025
CNOOC has commenced production from the Luda 5-2 North Oilfield Phase II Development Project. Located in the central part of the Bohai Sea, the project is expected to achieve a peak production of approximately 6,700 barrels of oil equivalent per day (boed) in 2026.
News
February 19, 2025
SBM Offshore announced that its FPSO Almirante Tamandaré is formally on hire as of February 16, 2025 after achieving first oil and the completion of a 72-hour continuous production test leading to Final Acceptance.
News
February 17, 2025
Petrobras began production from the FPSO Almirante Tamandaré (Búzios 7) on Feb. 15, 2025 in the Búzios field, located in the pre-salt layer of the Santos Basin. This is the first high-capacity unit to be installed in the field, with the potential to produce up to 225,000 bpd.
News
February 17, 2025
bp has announced the start of production from the second development phase of the Raven field, offshore Egypt, which involves the subsea tieback of additional Raven infill wells to its existing onshore infrastructure as part of the West Nile Delta (WND) project.
News
February 10, 2025
Kosmos Energy has produced first LNG at the bp-operated Greater Tortue Ahmeyim (GTA) LNG project, offshore Mauritania & Senegal. "We are looking forward to the accelerated ramp-up of LNG production and the first LNG cargo lifting," Kosmos said.
