The full FPSO project includes engineering, procurement, construction, installation, commissioning and testing of the asset.
The USD 2-billion Dorado project will be developed in two phases. The first is production of oil and condensate through a well head platform and FPSO. The second phase will involve gas production.
The first phase is expected to have a peak production of 100,000 bopd. The FPSO’s oil storage capacity will be 1 million barrels.
Santos has an operating stake in the project, with Carnarvon Petroleum holding the remaining 20% share.
Contracts for the well head platform and subsea umbilicals, flowlines and risers are expected to be awarded soon.
The cost of the works was not disclosed.
Africa-focused energy group Chariot has spudded the RZK-1 exploration well on the Gaufrette prospect at the Loukos Onshore licence in… Read More
Touchstone Exploration has acquired Trinidad-focused Trinity Exploration & Production in an all-shares deal, the Canadian upstream player said on Wednesday Read More
ExxonMobil is "optimistic and pushing forward" with the Rovuma LNG project in Mozambique and eyes an FID by the year's… Read More
SLB OneSubsea and Subsea7 have signed a long-term strategic collaboration agreement with Equinor and begun work on two of its… Read More
Presight has acquired a 51% shareholding in AIQ, an energy-focused AI player founded by ADNOC and G42, the companies announced… Read More
UK engineering contractor Wood has been awarded a decarbonisation project by TotalEnergies to support flare gas recovery in the North… Read More
This website uses cookies.