The USD 1.1 billion expansion project was completed eight months ahead of schedule and will enhance power generation and industrial output across the region by delivering an additional 7.08 mcm (250 mcf) per day of natural gas capacity.
The contract is for the construction, operation and management of the facility, which will be located in West Kuwait and treat approximately 3.4 mcm (120 mcf) per day of sour gas. The construction project has a completion timeline of 790 days and includes a five-year operations and maintenance engagement.
The field, located in the Santos Basin, holds over 1 billion boe in recoverable reserves and marks Equinor’s largest international offshore development. Bacalhau is operated by Equinor (40%) alongside ExxonMobil Brasil (40%), Petrogal Brasil (20%) and Pré-Sal Petróleo (PPSA).
Recent exploration success has confirmed estimated recoverable resources of 2.4 billion barrels of oil equivalent (boe) and 12.5 trillion cubic feet of natural gas, primarily within Suriname’s portion of the Guyana–Suriname basin. At least ten new wells are expected to be drilled offshore between 2025 and 2027, underscoring accelerating exploration and appraisal activity.
The operation utilized Halliburton’s Enhanced Remote Operated Control System (eROCS) in conjunction with the Optime Tubing Hanger Orientation System (OTHOS). Together, the systems enabled precise orientation and installation of a vertical Christmas tree tubing hanger without the need for traditional umbilicals or standard orientation tools.
The gasoline unit at the plant has been a substantial supplier of the fuel in Nigeria and abroad since it began operations last year. However, issues at the refinery, including operational setbacks, unplanned outages, a strike, and suspected sabotages by workers amid restructuring, have crippled gasoline output in recent months.
The West Africa oil and gas market is demonstrating strong growth potential, driven by global energy demand and rich reserves in the region, the 2025 West Africa Oil and Gas Outlook by Deloitte has revealed. According to the report, the West African oil and gas market represents a Compound Annual Growth Rate (CAGR) of 6.5% […]
A consortium between the State Oil Company of the Azerbaijan Republic (SOCAR) and Saipem SpA has won contracts for a $2.9-billion compression project in the BP PLC-operated Shah Deniz field on Azerbaijan’s side of the Caspian Sea, BP and Saipem said. The compression project will access low-pressure gas and enable the production of an additional […]
Ghana’s oil production has been on a steady decline since peaking in 2019, raising serious concerns about the country’s future petroleum revenue and energy sustainability, according to the Head of the Public Interest and Accountability Committee (PIAC) Secretariat, Isaac Dwamena.
The Rizhao Shihua Crude Oil Terminal, which was blacklisted by Washington last week over its role in taking Iranian crude, is located in Shandong province, the center of China’s refining industry. Partly owned by Sinopec, Rizhao is the major entry point for foreign crude for the oil major, also known as China Petroleum & Chemical Corp., and is connected with several of its facilities by a lengthy pipeline.