16 June 2026
16 June 2026
Two months on from CB&I’s acquisition of Petrofac Asset Solutions, Martin Layfield considers the internal shift and oil and gas' big questions.
The IPT demonstrated that the FPSO’s production, processing and utility systems are operating together and maintaining stability during production.
Planned work on Block O7 includes the collection of 1,500km of 2D seismic data, 2,300km² of 3D seismic data and one exploration well.
Production start-up for phase four is being considered for 2029, with the project currently moving towards an investment decision.
Following the sale, Comstock will retain a 73% controlling equity interest in the midstream business, valued at approximately $1.6bn.
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