LNG
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Angola expects an 18% rise in natural gas production by 2030 as global producers invest in offshore exploration and new field development. -
The subsea field is part of the larger Snøhvit development in the Barents Sea.
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BW Opal FPSO has capacity for 850 MMcf/D of gas, which will be treated and sent on to the Darwin LNG facility, and 11,000 B/D of condensate, which will transferred via tanker.
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Train 4 is expected to add 6 million tonnes per year of capacity to the South Texas liquefied natural gas project when it goes online in 2030.
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The deal between the Republic of the Congo and the Chinese oil and gas company aims to develop the Banga Kayo, Holmoni, and Cayo blocks and raise national oil output to 200,000 B/D by 2030.
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Technical safety standards are essential as global offshore exploration heats up.
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Aramco’s latest MOUs focus on driving innovation and growth across oil, gas, and downstream sectors.
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FLNG vessels will handle gas from the Vaca Muerta formation when they go online in 2027 and 2028 offshore Argentina.
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Global majors remain committed to boosting investment in Egypt’s offshore gas production as they eye Cairo’s underutilized LNG capacity.
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First LNG at Tellurian’ asset known as Driftwood LNG before Woodside’s acquisition last year is expected in 2029.
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