TechnipFMC Picks Up ‘Large’ Subsea Contract for ExxonMobil’s Whiptail Off Guyana
capacity of 300,000 barrels per day.The unit will be spread moored in water depth of about 1,630 meters and will be able to store around 2 million barrels of crude oil.ExxonMobil Guyana is the operator and holds a 45% interest in the Stabroek block, Hess Guyana Exploration holds a 30% interest, with CNOOC Petroleum Guyana in charge of the remaining 25% interest.Saipem Gets Go-Ahead for ExxonMobil’s Guyana Oil DevelopmentSBM Offshore Hooks ExxonMobil’s Jaguar FPSO Contrac
Floating Production – A Growing Segment in Transition
are being developed in South Korea and Europe.Finally, we are seeing a trend of certain key players in the floating production segment to leverage their expertise for executing challenging and large projects in deep water into the floating wind space, including Petrobras, Shell, TotalEnergies, Equinor, CNOOC, SBM Offshore, MODEC and BW Offshore.Competing for the Same Supply ChainsThe growth in activity in both the floating production and the floating wind segments will drive increased demand for engineering services, shipyard and port capacity, mooring system supply, dynamic subsea cables and specialist
China Puts First ‘Home-Made’ Subsea Xmas Tree Into Operation
China National Offshore Oil Corporation (CNOOC) has put into operation the first domestically developed subsea Xmas tree.CNOOC’s subsea Xmas tree is 3.5 meters long, 3.2 meters wide and 3 meters high, with 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
Libra Consortium Reaches FID for Mero Field’s Innovative Subsea Tech
while reducing its emissions and costs, to improve its competitiveness in a sustainable way", said Namita Shah, President, OneTech at TotalEnergies.Mero is a unitized field, developed by Libra Consortium, which aside from Petrobras, includes TotalEnergies (19.3%), Shell Brasil (19.3%), CNPC (9.65%), CNOOC (9.65%) and Pré-Sal Petróleo S.A (PPSA) (3.5%)
TechnipFMC Bags $1B Contract with Petrobras
increase production capacity by debottlenecking the topside gas processing plant. These technologies are supported by Petrobras and its partners in the Libra Consortium.The Libra Consortium consists of Petrobras as operator (38.6%), Shell Brasil Petróleo (19.3%), TotalEnergies EP Brasil (19.3%), CNOOC Petroleum Brasil (9.65%), CNODC Brasil Petróleo e Gas (9.65%); and Pré-Sal Petróleo (3.5%), as the Brazilian government's representative in the non-contracted area
ExxonMobil Taps TechnipFMC for Uaru Subsea Production System
relationship with ExxonMobil Guyana through this award, which is our fifth within the Stabroek block. This is ExxonMobil Guyana’s first project utilizing our Subsea 2.0 system, which leverages our configure-to-order model to deliver on an accelerated schedule.”Exxon and its partners Hess and CNOOC last week approved a $12.7 billion investment for Uaru, their fifth and most expensive offshore oil project in Guyana. The project is expected to produce up to 250,000 barrels of oil and gas per day
TechnipFMC Wins Contract for Gas to Energy Project in Guyana
from Liza Destiny and Liza Unity floating production, storage and offloading units (FPSO) back to shore, delivering associated gas from the field to a gas-fired power plant that will supply electricity to the community.ExxonMobil, alongside its co-venture partners on the Stabroek Block Hess and CNOOC, is progressing plans for the Gas to Energy Project in cooperation with the Government of Guyana. Start up is expected by the end of 2024. The pipeline would transport up to about 50 million standard cubic feet per day of natural gas to the facilities.TechnipFMC did not reveal the value of the contract
Fugro's Augmented Reality Camera to Assist with Sepetiba FPSO Mooring
contribute to the responsible development of Brazil’s energy assets.”Mero 1 and Mero 2 projects are part of the Mero field under Libra Consortium responsibility, in which Petrobras is the operator (40 %) with the following partners: Shell Brasil (20 %), TotalEnergies (20 %), CNODC (10 %) and CNOOC Limited (10 %), together with state-owned company Pré-sal Petróleo S.A. – PPSA – as the manager of the production sharing contract.The Sepetiba FPSO, to be delivered by SBM Offshore, will have a processing capacity of up to 180,000 barrels of oil per day, a water injection
OPT PowerBuoy Tested at DeepStar's 'Zero Carbon Power for Electric Subsea Operations' Project
budget under the project starting this month is $80,000. The project is expected to complete in March 2021.DeepStar is a joint industry technology development program focused on advancing technologies to meet its members' needs. Along with Total, members of the Texas-based consortium include Chevron, CNOOC, Equinor, ExxonMobil, JX Nippon, Occidental, Petrobras, Shell, and Woodside.
February 2024
