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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Two supermajors exit California, and the US put the brakes on permits to export LNG. -
Fresh commitments cover expansion work on the Al-Shaheen field that is expected to add 100,000 B/D of oil production once completed.
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COP28’s “last in, last out” approach lets developing countries profit from oil and gas now to invest later in a clean energy future.
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The operator was the successful bidder on former shallow-water assets of Cox Oil, Energy XXI, and others.
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The contractor was tapped by Offshore Frontier Solutions to provide electrical systems and associated digital solutions for ExxonMobil’s fifth FPSO in the region.
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The contractor will be responsible for both pipeline and platform installation related to Petronas’ ambitious CCS project offshore Sarawak.
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The 100 million BOE-plus find will be tied back to the Heidelberg spar.
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The project aims at boosting India’s domestic oil production by 11% and gas production by 15%.
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The project’s revised development plan now incorporates a carbon capture facility.
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Woodside Energy's Trion field offshore Mexico features a four-column semisubmersible FPU with a production capacity of 100,000 BOPD.
