Abu Dhabi state-owned oil producer ADNOC plans to increase oil production capacity to 5 million barrels per day by 2030, the emirate's crown prince said in a tweet.Abu Dhabi's 'Supreme Petroleum Council approved AED 486 billion ($132.33 billion) in capex to support ADNOC's 5-year growth plans…
The trading arm of China National Offshore Oil Corp (CNOOC) struck a three-year lease for a bigger floating storage and regasification unit (FSRU) from Hoegh LNG as it seeks to boost imports of liquefied natural gas (LNG).In a statement, shipowner…
Commodities trading house Trafigura said on Tuesday it signed a new agreement with Plains All American Pipeline to transport 300,000 barrels of crude oil per day from the Permian basin to the port of Corpus Christi, in a move aimed at boosting exports…
Acteon group company and survey firm UTEC is to work for Technip on Woodside's Greater Enfield project offshore western Australia. The firm has won a contract from TechnipFMC firm Technip Oceania to provide survey and positioning services on the project…
Norwegian operator Statoil has joined Aker BP, Lundin, and National Oilwell Varco in a DEMO2000 joint industry project (JIP) to develop a new subsea booster pump. The project aims to bring the Fuglesangs Subsea Omnirise single-phase booster to market by early 2019…
Woodside Energy and its partners made the decision to invest US$1.9 billion in the Greater Enfield development in June this year. Located 60km off Exmouth in Western Australia, the Greater Enfield Project involves the tie-back of three…
Aker Solutions (stand 5C100) is launching its MultiBooster, a new, up to 6MW subsea multiphase pump to help operators maximize production from existing oil and gas fields, at SPE Offshore Europe this week. Aker Solutions says the now qualified…
Subsea boosting is helping to push otherwise uneconomic subsea projects over the line. Elaine Maslin reports on two tiebacks benefiting from a bit of boost – including the industry’s longest deepwater subsea multiphase boosting tieback. Murphy…
Subsea boosting technology recently brought online at Chevron’s Jack and St. Malo fields is expected to boost production rates for the next 30 years. Chevron’s Chris Hey and Dan Broussard, and OneSubsea’s Mads Hjelmeland and Oeyvind Reimers explain…
TAQA has awarded OneSubsea an engineering, procurement, construction, installation and commissioning (EPCIC) contract for a subsea multiphase boosting system for the Otter field in the UK North Sea. Through the EPCIC contract, Schlumberger’s…
Aker BP, Lundin and NOV have signed an agreement with Norway's Fuglesangs Subsea to develop and test a full scale prototype of what has been called 'the worlds most autonomous boosting system.' The system will be qualified as part of…
The Subsea Integration Alliance (a collaboration between Schlumberger, OneSubsea, and Subsea 7) has been awarded a deepwater integrated subsea engineering, procurement, construction, installation and commissioning (EPCIC) multiphase boosting…
Aker Solutions secured a contract from Statoil to deliver a compression module for the Troll field in the North Sea to help boost output at one of Norway's key offshore fields. The contract is valued at US$44.9 million (NOK370 million)…
FMC Technologies has won a second award for its new subsea multiphase boosting system, this time with Italian giant Eni for its Block 15/06 West Hub Development, off the coast of Angola. The N'Goma…
The oil price crash brings subsea processing opportunities, says Rystad Energy’s Jon Fredrik Müller. The Åsgard subsea compressor manifold station was installed in summer 2013 with the Saipem 7000…
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