Venture Global announced that it has notified its long-term customers that its Calcasieu Pass facility will commence commercial operations during the second week of April . The facility will achieve its commercial operation date , or COD , in under 68 months from its August 2019 final investment decision , despite substantial impacts including two hurricanes , the COVID-19 pandemic , and major unforeseen manufacturing issues , such as with the Heat Recovery Steam Generators ( HRSGs ) forming part of the facility ’ s power island . Venture Global wishes to express its gratitude to its construction |
and completion teams who tirelessly worked to safely complete the facilities , to the vendor teams who provided invaluable support for the necessary repairs , and to the government regulators , including the Federal Energy Regulatory Commission , for their oversight and cooperation . These efforts now allow us to supply long-term customers with the full 20-year contract term of the lowest-cost , clean LNG as promised under the contracts , and , with the COD , makes Calcasieu Pass among the fastest greenfield LNG projects completed . |
Petrobras commenced production from the FPSO Almirante Tamandaré ( Búzios 7 ) in the Búzios field , located in the pre-salt layer of the Santos Basin . This is the first high-capacity unit to be installed in the field , with the potential to produce up to 225,000 barrels of oil per day ( bpd ) and process 12 million cubic meters of gas daily . In total , 15 wells will be connected to the platform through a subsea infrastructure , including 7 oil producers , 6 water and gas injectors , 1 convertible well ( producer and injector ), and 1 gas injector . The FPSO Almirante Tamandaré is part of the sixth production system of Búzios and will contribute to the field reaching a production level of 1 million bopd , expected by the second half of 2025 . Shortly , it is |
anticipated that Búzios will become Petrobras ’ largest production field , with the goal of reaching 2 million bopd by 2030 . The unit was leased from SBM Offshore and , in addition to having above-average capacity compared to industry standards , it is equipped with decarbonization technologies , such as a closed flare system , which helps reduce greenhouse gas emissions into the atmosphere . The unit also features heat recovery technologies that reduce the demand for additional energy . The Búzios consortium is composed of Petrobras ( operator ), the Chinese partner companies CNOOC and CNODC , as well as PPSA , the company responsible for managing production-sharing contracts . |
McDermott announces the safe and successful completion of transportation , installation , and commissioning activities for the Kikeh subsea gas lift project , awarded by PTTEP Sabah Oil Limited ( PTTEP ) in the first quarter of 2024 . The project , executed by the company ’ s Kuala Lumpur ( KL ) |
based team , in water depths of approximately 1,400 meters , progressed on a fast-track schedule . It involved the replacement of an existing gas lift riser , and the installation of a new dynamic riser section , flowline , and two thermoplastic composite pipe jumpers . Rigorous safety protocols , |
readiness planning , robust engineering , and procurement efforts ensured seamless vessel mobilization , and completion of the offshore scope of work in under eight months . Kikeh is a producing field , located approximately 75 miles ( 120 km ) northwest of Labuan Island , offshore Sabah , East Malaysia . It |
came on stream in 2009 as one of the largest deepwater developments in Malaysia , at the time . The work completed by McDermott includes upgrades essential to maintaining gas delivery to the subsea production system tied back to the Kikeh floating production storage and offloading vessel . |