Production
News
December 13, 2024
(Bloomberg) – Colombia wants to shorten the production timeline at its biggest deepwater discovery, the nation’s energy chief said, as it braces for a shortfall of natural gas in coming years.
News
December 13, 2024
Expro has signed a technology agreement (ETEC) with Petrobras for the development of a new non-intrusive flowmeter. The technology is designed to increase efficiency and optimize production of wells.
News
December 12, 2024
Shell Offshore has announced a Final Investment Decision (FID) on the Phase 3 Silvertip project, which will deliver two wells to boost production at the Shell-operated Perdido spar in the U.S. Gulf of Mexico (GoM).
News
December 09, 2024
DNO ASA, the Norwegian oil and gas operator, today announced that its operated Trym field in the Norwegian North Sea is back on production after a five-year shutdown during which TotalEnergies redeveloped the Tyra field infrastructure.
News
December 05, 2024
Equinor and Shell will combine their UK offshore oil and gas assets and expertise to form a new company which will be the UK North Sea’s biggest independent producer, the companies’ UK subsidiaries have announced.
News
December 02, 2024
Springfield Exploration and Production has successfully completed appraisal well test activity at the Afina oil and gas discovery, offshore Ghana.
News
November 22, 2024
SBM Offshore has completed the project financing of FPSO Jaguar for a total of US$1.5 billion. The project financing was fully secured by a consortium of 16 international financial institutions, and SBM expects to draw the loan phased over the construction period of the FPSO.
News
November 21, 2024
From 2025-2029, Energy Maritime Associates (EMA) expects orders for 119 Floating Production Systems, with a Capital cost of $126 Billion, in its mid-case forecast. Over 70% of this investment would go towards the 54 FPSOs.
News
November 18, 2024
Global OTEC has announced its latest advancement in sustainable power for offshore energy exploration and production at the first Brazilian Workshop on Geothermal Energy Utilization and Storage.
News
November 14, 2024
SBM Offshore, Technip Energies and TechnipFMC all announced today the securement of major contracts for the GranMorgu field development project located in Block 58 in Suriname, operated by TotalEnergies.
News
November 07, 2024
SBM Offshore and ExxonMobil Guyana Ltd, an affiliate of Exxon Mobil Corporation, have completed a purchase transaction for the FPSO Prosperity. The purchase allows ExxonMobil Guyana to assume ownership of the unit while SBM Offshore will continue to operate and maintain the FPSO up to 2033.
News
November 01, 2024
Shell Brasil announced the start of production of the Mero-3 FPSO facility in the Mero field, in the pre-salt area of the Santos Basin, offshore Brazil. The FPSO has an operational capacity of 180,000 bopd.
News
October 31, 2024
Panoro Energy has announced that following the provisional award of a 25% participating interest in two exploration blocks offshore shallow water Gabon, final terms have been agreed with the government of Gabon for production sharing contracts (PSCs) covering the two blocks.
News
October 30, 2024
(WO) — TotalEnergies has achieved first oil from the third development phase of the Mero field on the Libra block, located 180 kilometers off the coast of Rio de Janeiro, Brazil, in the pre-salt area of the Santos Basin.
News
October 29, 2024
(WO) — TotalEnergies announces that the Harald East Middle Jurassic nearby exploration well (HEMJ-1X) has discovered additional gas condensate resources in the Harald field, in the Danish North Sea.
News
October 28, 2024
Baker Hughes has won contracts with Petrobras to provide flexible pipe systems in Brazil’s pre-salt fields. The multi-year project includes risers and flowlines for hydrocarbon production and associated gas and water injection with support for equipment storage, maintenance and installation.
News
October 25, 2024
(Bloomberg) — Suriname, which is on the verge of becoming a major South American energy producer, is ruling out more borrowing against future oil production, according to its finance minister.
News
October 22, 2024
(WO) — CNOOC has commenced production on its Xijiang 30-2 Oilfield Xijiang 30-1 Block Development Project ahead of schedule. The project is expected to achieve a peak production of approximately 26,000 boed in 2027.
News
October 17, 2024
ABS has secured a contract to provide and test a digital twin solution for real-time condition monitoring for a Petrobras FPSO unit.
News
October 14, 2024
Woodside Energy has announced the successful completion of the installation of the Scarborough Energy Project trunkline which will transport offshore gas to the onshore Pluto LNG processing facility in Karratha.
News
October 11, 2024
ExxonMobil Guyana plans to increase output from its Stabroek block offshore Guyana by 18,000 bpd once it has completed risk assessments and received approval from local authorities.
