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LOC, part of the AqualisBraemar LOC Group, has successfully completed its role providing Marine Warranty Survey (“MWS”) services on the Tengizchevroil Future Growth Project-Wellhead Pressure Management Project (“FGP-WPMP”). From a capex and MWS perspective, this project was one of the largest to date within the sector.  

The Ministry of Petroleum and Energy has approved a revised plan for development and operation (PDO) for partial electrification of the Sleipner field center. The field center will be tied to the Utsira High area solution, and Sleipner is expected to cut emissions by more than 150,000 tonnes of CO₂ per year.

As the search for oil has moved into deeper waters with more distance to shore-based facilities, Floating Production Storage and Offloading vessels have become essential tools in the process.

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