Asia Pacific

Players are making big bets in the thriving yet fragile global LNG market with record global trade expected to grow another 25% in the next 5 years.

Paving the way for collaboration, the fourth edition of the SPE Symposium on CCUS management witnessed groundbreaking discussions on innovative strategies and initiatives that accelerate the deployment of CCS and CCUS projects in the region.

Advanced technologies for hydrogen production took center stage at the recent event, with presentations covering both blue and green hydrogen production methods, achieving improved efficiency and reduced costs, innovations in electrolysis, and advancements in steam methane reforming.

The region stands to benefit from TotalEnergies’ experience as a partner in Norway’s Northern Lights CCS development to decarbonize industrial operations in northern Europe. The first injection of carbon dioxide at Northern Lights is expected in 2024.

Group will inspect and audit drilling rigs for Petronas over the next 3 years.

Natural gas delivered as LNG to growing economies in Asia has a strong role to play in achieving net zero in carbon emissions, and most of that gas will come from unconventional resources.

Helix Energy Solutions will start work on a five-well complete abandonment project in the offshore Tui field in late 2022.

Includes oil ports, refineries, and storage facilities; crude and refined product pipelines; coal and nuclear power plants; and EV battery factories.

ExxonMobil’s Kerry Moreland, a geoscientist, managed breakthrough discoveries in the early stage of her 15-year career that have positioned the company for decades to come in South America. Now she is pursuing similar goals in Africa and Asia Pacific, as she explains in a moderated interview at this week’s IPTC in Kuala Lumpur.

With all critical components nearly in place, production is set to start this year at the Lingshui 17-2, China’s first ultradeepwater gasfield development project.