Offshore Floating Production News

 

Eni: New Gas Discoveries in Libya

Mar 16, 2026

Eni has made two new gas discoveries in Libya as a result of an exploration campaign initiated in the past months.Two adjacent geological structures, Bahr Essalam South 2 (BESS 2) and Bahr Essalam South 3 (BESS 3), were successfully drilled by the B2-16/4 and C1-16/4 wells, located approximately 85 km off the coast in about 650 feet of water, and 16 km south of the Bahr Essalam gas field.Gas-bearing intervals were encountered in both wells within the Metlaoui Formation…

Strohm to Supply Insulated TCP Jumpers for Malaysia’s Offshore Project

Mar 26, 2026

Thermoplastic composite pipe (TCP) manufacturer Strohm has secured a contract to supply insulated production jumpers for an offshore field extension project in Malaysia.The scope includes two carbon fibre PA12 thermoplastic composite pipe production jumpers with a 7-inch internal diameter…

ExxonMobil, Halliburton Marks Automated Drilling Milestone off Guyana

Mar 26, 2026

Halliburton, in collaboration with ExxonMobil, Sekal, Noble, and the Wells Alliance Guyana team, has delivered a groundbreaking step forward in digital well construction to achieve the industry’s first fully automated geological well placement with complete rig automation in offshore Guyana…

Delfin LNG Nears FID as Pipeline Restart Awaits Approval

Mar 26, 2026

A final investment decision is expected in the Delfin LNG project offshore Louisiana in the next few weeks, or at most months, according to Eduard Ruijs, head of investment for Vitol, a company that is investing in the project.The 13.2 million…

Energean, ExxonMobil, Helleniq Energy Explore Block Offshore Greece

Mar 19, 2026

A joint venture by Energean, ExxonMobil and Helleniq Energy has notified Greece it would look for gas in a western offshore bloc, the nation's hydrocarbons management agency said on Thursday, a move that would involve the first test drilling in the country for decades…

Exxon Consortium for Guyana Floating Production Continues As Planned

Mar 19, 2026

A new floating production facility for a consortium led by Exxon Mobil in Guyana is nearly complete and expected to soon depart from Singapore, an executive said Thursday, part of the push to accelerate oil and gas projects in a country key to the U…

Indonesia Awards Nine Oil, Gas Blocks

Mar 18, 2026

Indonesia awarded nine oil and gas blocks to several companies, with an investment commitment valuing nearly $85 million, its Energy Ministry said on Wednesday, with the blocks expected to help the country to achieve its energy security goals…

SLB OneSubsea Awarded Integrated EPC Contract by CNOOC

Mar 17, 2026

SLB has announced that its OneSubsea™ joint venture has been awarded a multi-well, integrated engineering, production, and construction (EPC) contract by China National Offshore Oil Corporation (CNOOC).The contract encompasses 20 wells and covers…

bp Confirms New Gas Consortium Project Startup in Angola

Mar 17, 2026

bp has confirmed start-up of gas production from the Quiluma field, part of the New Gas Consortium (NGC) in Angola, as reported by operator Azule Energy. This milestone continues the strong delivery of project start-ups and exploration discoveries…

BOEM Issues Notice of Intent for Offshore Well Stimulation Work

Mar 17, 2026

The Bureau of Ocean Energy Management has issued a Notice of Intent to prepare an Environmental Impact Statement for a proposed update to the Santa Clara Unit Development and Production Plan, which includes the use of hydraulic fracturing on 16 existing wells at Platform Gilda…

Eni Advances Angola Gas Project, Secures $9B Credit Facility

Mar 17, 2026

Eni has marked a pair of strategic milestones, advancing its gas position offshore Angola while reinforcing its financial flexibility through a new multi-billion-dollar credit facility.In Angola, the company announced first gas from the Quiluma field…

Additional LNG Exports from Plaquemines LNG Approved

Mar 15, 2026

U.S. Secretary of Energy Chris Wright has authorized an immediate 13% increase in exports at Venture Global’s Plaquemines LNG Terminal in Louisiana.The authorization allows additional exports of up to 0.45 billion cubic feet per day (Bcf/d) of U…

Breakthrough Technology Unveiled at Oceanology International

Mar 11, 2026

Major industry announcements and new product launches continued to drive significant visitor numbers and plentiful business activity as Oceanology International 2026 (Oi26) surpassed expectations on the second day at Excel London.Among the companies taking center stage…

Petrobras’ P-78 FPSO Achieves Gas Injection Milestone in Búzios Field

Mar 11, 2026

The first gas injection on Petrobras’ P-78 floating production, storage and offloading (FPSO) unit has been achieved just 61 days after the vessel reached first oil on December 31, 2025.The milestone, achieved on March 2, 2026, marks the transition…

US Undiscovered Offshore Reserves Could Maintain Supply for 100 Years

Mar 09, 2026

The Bureau of Ocean Energy Management has released the 2026 National Assessment of Undiscovered Oil and Gas Resources, an estimate of the undiscovered, technically and economically recoverable oil and natural gas resources outside of known oil and gas fields on the U…

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