Exxon Tries to Put the Worst Behind it With $20 Billion Writedown
By Jennifer Hiller HOUSTON, Nov 30 (Reuters) – Exxon Mobil Corp on Monday said it would write down the value of natural gas properties by $17 billion to $20 billion,...
Following ENI Norge’s Goliat FPSO platform arrival in Hammerfest, Norway last week from South Korea, a handful of tugs help the unit float-off the submerged deck of the Dockwise Vanguard.
The Goliat FPSO is a Seven 1000 design floating production and storage unit built at the Hunydai Heavy Indstustries yard in Ulsan, South Korea.
At 107 meters in diameter, a 100,000 bpd production capacity and 1 million barrels of storage, the FPSO is the biggest and most sophisticated cylindrical FPSO platn ever built.
Beginning this summer, the unit will be moored via 14 anchors lines at the Goliat field in the Barents Sea, where it will need to withstand harsh Arctic conditions year-round for a period of at least 15 years.
Full Coverage: Goliat FPSO
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