QatarEnergy
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By opening new fields to exploration and development, Libya is poised to boost gas production to supply exports in meaningful volumes to Europe by early 2030.
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The expansion project by QatarEnergy is expected to increase LNG production capacity to 142 mtpa when it goes online.
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The agreement requires the partners to conduct their own proprietary 3D survey of Block 8 in hope of zeroing in on the sweet spot that eluded the TotalEnergies-led consortium when it drilled a dry hole in an adjacent block in 2023.
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Engineering, procurement, construction, and installation awards made at the end of 2025 are expanding Saipem’s role in Turkey’s two largest offshore gas fields, plus Saudi Arabia’s Berri, Abu Safah, and Marjan oil fields and Qatar’s North Field gas giant in the Persian Gulf.
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Updates about global exploration and production activities and developments.
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Updates about global exploration and production activities and developments.
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Iraq’s Gas Growth Integrated Project aims to increase electricity generation by capturing flare gas collected from three southern oil fields. A desalination project will use treated seawater to maintain well pressures.
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Updates about global exploration and production activities and developments.
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An oversupply of LNG carriers is putting downward pressure on charter rates, pushing them to historic lows. Newbuild LNG carrier deliveries have been outpacing the construction and permitting of new liquefaction facilities needed to support them.
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The energy infrastructure firm also purchased a North Dakota gas gathering system for $640 million.
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