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New Fortress Energy said its newly converted jackup facility has sailed for waters offshore Mexico where it plans to produce 1.4 mtpa of LNG.
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OMV’s discovery of a domestic gas resource coincides with its agreement to import LNG from BP to be regasified in Rotterdam, as Austria knits together a strategy to ensure its energy security.
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The US accounted for 75% of global growth in LNG liquefaction capacity last year as Europe’s worldwide imports jumped 66%, according to the International Gas Union.
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Tokyo is seeking partnerships in the UAE to leverage its technologies to produce clean energy for export back to Japan.
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The Pickerel-1 well encountered 90 ft of high-quality oil-bearing Miocene reservoir and will be tied back to the Tubular Bells production facilities.
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An Energy Industries Council survey of nearly 100 energy supply chain leaders finds that a lack of "consistent and profitable work in green projects" prompts a return to oil and gas projects.
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Uganda is on course to become the newest African oil exporter by 2025.
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The venture will deploy Eni's real-time, pipeline-integrity monitoring system.
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Petronas and Pertamina purchase 35% stake in offshore Indonesia parcel which contains the Abadi gas project.
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The Irpa gas field, Verdande oil field, and Andvare production-well tiebacks will extend the lives of the mature Aasta Hansteen and Norne fields into the late 2030s.
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Public companies shoring up inventory leads to a shift in Permian asset ownership.
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