Shell
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The first phase of the Norwegian project is expected to receive its first carbon dioxide this year, with the second phase slated to start operations in late 2028. -
Cooldown cargo is set to be delivered to Kitimat, BC, from Australia in early April, the final step prior to official startup.
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Argentina’s YPF forecasts the $3 billion oil pipeline and export terminal will carry 180,000 B/D when it goes onstream in 2026.
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Operator targeting 2029 for first production from the pre-salt gas-condensate discovery off Brazil.
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Technology and partnerships play a pivotal role in how the oil industry finds and produces energy from frontier regions and brownfields, both now and in the future.
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Key drivers of the rapid growth projection include Asia’s economic outlook and the rise of artificial intelligence.
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The operator’s sale of the US Gulf holdings is part of a larger portfolio rationalization program.
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The new Sevan-designed cylindrical FPSO is expected to flow 45,000 BOE/D at peak.
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A Shell partnership with YPF marks a significant milestone for the Argentina LNG export facility, raising new questions about the nation’s potential to unlock the economic power of its vast shale reserves.
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International majors showing new interest in Iraq as China scoops blocks in Baghdad’s most recent bid rounds.
