Field/project development
After a record year for LNG project approvals in 2025, multiyear repairs to war-damaged liquefaction facilities in Qatar and the UAE threaten to slow the growth of global LNG capacity.
The declaration builds on a memorandum of understanding the partners signed with Egypt in May to process Block 10 gas at the country’s LNG export and domestic gas facilities.
Alongside the new subsea awards, Equinor strengthened its position in the 400-million-bbl Bay du Nord development by acquiring BP’s interest in the project.
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With negotiations dead on arrival with Russian independent major Lukoil, Iraq is asking Gazprom to take over development of the Nasiriyah oil field south of Baghdad. -
The Scarborough energy project is targeting first LNG cargo in 2026.
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Deepwater US Gulf field is now pumping hydrocarbons back to the Appomattox platform.
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The work covers integrated well construction services for the Búzios field off Brazil.
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The EPCI contract scope includes 20K-psi-rated subsea tree systems.
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BP will offer up development concessions while ADNOC will provide cash for growth opportunities.
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ExxonMobil’s Liza Phase 1 and Phase 2 project and ADNOC’s CCUS Evolution Journey were the winners at the conference taking place this week in Dhahran.
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After becoming the first oil and gas major to source all its onshore grid electricity needs from nuclear and solar energy, ADNOC now focuses on decarbonizing production offshore.
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The award to Norway’s Longitude Engineering covers deepsea design and engineering services for Phase 10 of Egypt’s West Delta Deep Marine Concession.
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Two supermajors exit California, and the US put the brakes on permits to export LNG.
