Many high-potential locations remain locked off due to the technical complexity of their production. However, with fresh advances in technology, many OEMs and EPCs alike are eyeing this next step to ensure they can stick the landing.
If the gas can be commercially extracted, the discovery could transform Turkey’s dependence on Russia, Iran and Azerbaijan for energy.
The development offshore Western Australia will feed an expansion of Woodside’s Pluto LNG plant.
Talos Energy Inc. has successfully discovered pay in its Tornado 3 sidetrack well (Tornado Attic) located in the U.S. Gulf of Mexico, the company said on June 3. Talos holds a 65.0% working interest in the Tornado field and is the operator with Kosmos Energy also holding a 35% working interest.
TechnipFMC has been awarded its first integrated EPCI (iEPCI) contract in Brazil by Karoon Energy for the Patola field development, the company said on June 2.
The project is expected to cost between $175 million and $195 million to develop, which Karoon said it expects to fund through a syndicated facility agreement and cash.
The Petroleum Safety Authority said in a statement it had identified “serious breaches” of regulations in the construction of the hull for the oil field’s FPSO vessel.
Equinor, Exxon Mobil Corp. and Petrogal Brasil said on June 1 they would proceed with an $8 billion development of Brazil's Bacalhau oil discovery located in the presalt Santos area.
TechnipFMC will design, manufacture, deliver and install subsea equipment including a rigid riser caisson, water injection flexible flowline, umbilicals and associated equipment.
The exit of the Kitimat LNG development project would comprise the sale or wind-up of agreements and assets on the Pacific Trail Pipeline route and at the site for the proposed facility, Woodside Petroleum said.