CNOOC Ltd said the Xijiang Oilfields 24 Block project in the Pearl River Mouth Basin has started production, targeting a 2026 plateau of about 18,000 boe/d and using Huixi facilities plus an unmanned platform.
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Shell is considering selling a 20% stake in Brazil’s offshore Gato do Mato cluster to help finance a nearly $3 billion deepwater development, while keeping operatorship and maintaining its position in the country.
Upstream reports that BW Offshore has acquired the former Nganhurra FPSO and is reviewing three potential redeployment options. The unit’s operating history and adaptable design support consideration for future projects.
McDermott has completed its first subsea project in Angola, connecting five wells to the Pazflor FPSO for TotalEnergies’ Begonia development.
Saipem has received authorization from ExxonMobil Guyana to execute the Hammerhead offshore project, marking its sixth major contract in the country’s Stabroek Block.
GATE Energy has been awarded the full commissioning scope for BP’s Kaskida Floating Production Unit, reinforcing its partnership with Seatrium on deepwater projects.
