Final Subsea System Components for Atlanta FPSO En Route to Brazil
.The final pieces of subsea system equipment that will support the production from Enauta’s floating production storage and offloading (FPSO) unit Atlanta at Brazil's Santos Basin have been shipped.The flexible pipeline system, the final subsea system component that will support the first oil production at the Atlanta field, set sail from England to Brazil on March 15, 2024, Brazilian oil and gas company Enauta has informed.Delivery of the system expected by the end of the month, according to Enauta.The FPSO Atlanta’s first oil is expected in August 2024, in accordance with the initial
Woodside Hires Subsea 7 for Trion Subsea Installation Services Offshore Mexico
, Vice President for Subsea 7 Gulf of Mexico.Woodside made final investment decision (FID) for Trion project in June 2023. Woodside is the operator with a 60% participating interest and PEMEX holds the remaining 40%.Trion field will be developed through a floating production unit (FPU) with an oil production capacity of 100,000 barrels per day.The FPU, to be built by South Korea’s HD Hyundai Heavy Industries, will be connected to a floating storage and offloading (FSO) vessel with a capacity of 950,000 barrels of oil.The first oil is targeted for 2028.US Supplier to Provide Subsea Wellhead
US Supplier to Provide Subsea Wellhead Systems for Woodside’s Trion
Mexican Villahermosa facility will play a crucial role in supporting the Trion project."We are pleased to play a pivotal role in this significant project with Woodside. This partnership underscores the success of our innovative solutions, supporting the milestone of Mexico's first deepwater oil production with the Trion project," said Don Underwood, Vice President - Subsea Products at Dril-Quip.Woodside made final investment decision (FID) for Trion project in June 2023. Woodside is the operator with a 60% participating interest and PEMEX holds the remaining 40%.Trion field will be developed
China Puts First ‘Home-Made’ Subsea Xmas Tree Into Operation
an overall weight of nearly 22 tons.It is a piece of equipment used in subsea production systems in the offshore oil industry, can efficiently increase oil output of oilfields. The Xmas tree is able to pump seawater with a maximum pressure of about 17 MPa into the reservoir, to increase the overall oil production.To remind, CNOOC recently started production from its Suizhong 36-1/Luda 5-2 discovery, located in Liaodong Bay of Bohai Sea.The project is expected to achieve a peak production of approximately 30,300 barrels of crude oil per day in 2025.It represents the largest secondary development and adjustment
Enauta Set to Receive Key Equipment for Atlanta Field Offshore Brazil
, Enauta started the installation works on Atlanta’s Phase I, which will bring a larger capacity FPSO to the field that has so far been producing oil via the Petrojarl I FPSO.The FPSO Atlanta will be supplied by Malaysia's Yinson Production and deployed at Enauta's Atlanta field, with oil production set to start in mid-2024 with six production wells.FPSO Atlanta has the production capacity of 50,000 BOPD and a maximum storage capacity of 1,251,000 bbls,In July 2023, Yinson Production exercised its option to purchase FPSO Atlanta with a 15-year firm (plus a 5-year extension option) contract
Azule Energy to Use FutureOn’s Digital Twin Software on Four Oil Projects
cycle of offshore energy assets, according to FutureOn.“FieldTwin excels when used for the development of deepwater brownfield expansions and developments like those being pioneered by Azule Energy. Angola is poised for significant investment in deepwater projects to support continued growth of oil production, which has increased year on year since 2021. We anticipate this contract – FutureOn’s first in West Africa – could create a ripple effect for further adoption of FieldTwin across the local supply chain,” said Andreas Hoel Gaarder, Vice President Middle East and Asia Pacific
Baker Hughes Lands Major Subsea Equipment and Services Deal with Azule Energy
of the equipment will be manufactured, assembled, and tested in Angola, Baker Hughes said,“Our local manufacturing capabilities, deepwater development equipment, and innovative subsea control system technology enable us to provide exceptional support to Azule Energy in their efforts to increase oil production in Angola,” said Maria Claudia Borras, executive vice president of Oilfield Services and Equipment at Baker Hughes.As previously reported, Malaysian FPSO specialist Yinson said Tuesday it had secured a $5.3 billion contract to supply and maintaining an FPSO for the Agogo project for
How the Blue Economy Will Shape the Future of Canada’s Oceans
will be impacted nonetheless.The recent approval of the Bay du Nord offshore oil project in Newfoundland and Labrador illustrates the conflict between blue economy narratives and actions. The project is supported and justified partially because of lower emissions per barrel produced relative to oil production elsewhere. Yet it ignores the emissions that consumption of the oil itself will generate.As we argue in a recent peer-reviewed article, offshore oil and gas production could only be included within a blue economy under the strictest of guidelines: no further expansion of the oil industry could
Baker Hughes Finds US Drillers Add Most O&G Rigs Since April
first time since October.With oil prices up about 12% so far this year after soaring 55% in 2021, a growing number of exploration and production (E&P) firms plan to raise spending for a second consecutive year in 2022.The rig count has climbed gradually for a record 17 months in a row, but U.S. oil production slipped in 2021 as many energy firms focused more on returning money to investors rather than boosting output.U.S. oil output was hit by the coronavirus pandemic which crushed demand and prices, and is only forecast to surpass 2019's record levels of 12.3 million barrels per day (bpd) next
February 2024
