Offshore Production News

 

BW Opal FPSO Vessel set for Work off Australia

16 hours ago

Seatrium delivered the Floating Production Storage and Offloading vessel (FPSO), BW Opal, to BW Offshore.'We would like to express our appreciation to BW Offshore for entrusting Seatrium with their projects over the years,' said Marlin Khiew, EVP, Energy (Americas), Seatrium. 'The successful completion and delivery of BW Opal marks our 18th FPSO for BW Offshore.'Seatrium’s scope of work included installation and integration works of topside modules…

FPSO Alexandre de Gusmão Starts Production

May 27, 2025

SBM Offshore announces that FPSO Alexandre de Gusmão is formally on hire as of May 24, 2025 after achieving first oil and the completion of a 72-hour continuous production test leading to final acceptance.As part of the Mero-4 project, the FPSO will be connected to 12 wells…

First Oil from Mero-4 FPSO in Brazil pre-salt

May 27, 2025

Shell Brasil Petróleo Ltda. (Shell Brasil), a subsidiary of Shell plc, announced the start of production at the floating production storage and offloading facility (FPSO) Alexandre de Gusmão in the Mero field in the Santos Basin offshore Brazil…

Triton FPSO Set for End of June Production Restart as Repair Ops Wrap Up

May 22, 2025

U.K.-based oil firm Serica Energy has completed the repairs on Triton floating production storage and offloading (FPSO) unit, with the production scheduled to resume end of June, after the annual maintenance program.Repairs on the Triton FPSO in the North Sea have been ongoing…

Russian Arctic LNG 2 Starts Second Production Train

May 20, 2025

Russia's Arctic LNG 2 plant, which is subject to U.S. sanctions, has started production at its second train even after it has been unable to sell liquefied natural gas from a first train, a source familiar with the matter told Reuters.Russian energy company Novatek declined to comment…

Bottlenecks in Testing are Costing the Offshore Wind Industry Time and Money

May 16, 2025

With targets to deliver 50GW of offshore wind by 2030, and growing momentum in tidal, wave and floating solar, the UK’s Clean Power 2030 Action Plan sets out a bold vision. But this transition is far from straightforward. The industry is facing…

ADNOC Partners with ExxonMobil, Occidental to Boost UAE Oil and Gas Capacity

May 16, 2025

ADNOC has signed agreements with ExxonMobil to expand the capacity of United Arab Emirates (UAE) Upper Zakum field, and with Occidental to explore increasing Shah Gas field’s capacity, as part of multiple strategic agreements that could potentially enable $60 billion of U…

Indonesia's Medco Starts Production at Natuna Sea Fields

May 16, 2025

Indonesian energy company Medco Energi Internasional on Friday started production at its Forel and Terubuk fields in the Natuna Sea, officials said.The two fields are part of the South Natuna Sea Block B and will increase its production by 20…

SLB Launches New Well Completions Tech to Boost Production

May 14, 2025

Global energy technology company SLB has launched Electris - a portfolio of digitally enabled electric well completions technologies that boost production and recovery while reducing the total cost of ownership of an asset.Electris completions…

Eni Starts Gas Production at Merakes East Field in Indonesia

May 13, 2025

Eni has started gas production from the Merakes East field in the Kutei Basin offshore Indonesia, the Italian energy group said on Tuesday in a statement.The field is part of the East Sepinggan block, where Eni holds an 85% operating stake,…

EDP Renovaveis Expects Core Recurring Profit in 2025

May 08, 2025

EDP Renovaveis, the world's fourth largest wind energy producer, said on Thursday it expects core recurring profit to grow 13% in 2025 on the back of a solid operational performance, despite a 24% drop in net income in the first quarter.The…

Uruguay's Ancap to Launch Bidding for Natural Hydrogen Exploration by Year-End

May 07, 2025

Uruguay's state-run energy firm Ancap plans to launch a bidding round for natural hydrogen exploration and development by the end of the year, with offers expected in 2026, executives said on Wednesday.Ancap is also exploring a bidding round for carbon capture investment…

Exxon Consortium Produced 668,000 bpd in Guyanese Oil Last Week

May 06, 2025

A consortium led by Exxon Mobil that controls all oil and gas output in Guyana produced 668,000 barrels per day (bpd) of oil last week, the U.S. company's head for the South American country, Alistair Routledge, said during a conference on Tuesday…

Beacon Offshore Energy Expects First Oil From Shenandoah System in June

May 06, 2025

U.S. offshore producer Beacon Offshore Energy expects first oil from its Shenandoah floating production system in June, a company executive said on Tuesday.The floating production unit, which is expected to produce 120,000 barrels of oil per day (bpd)…

US Gulf Oil Output Could Reach 2.4 million Bpd Despite Geopolitical Instability

May 05, 2025

The U.S. Gulf of Mexico can continue growing oil output even amid geopolitical volatility not seen in decades, oil and gas industry leaders said on Monday.U.S. President Donald Trump's global tariff announcements have since last month contributed…

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