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.
-
The award includes two LNG ‘mega’ trains with a combined capacity of 16 mtpa. -
The deal is expected to support the LNG exporter’s Sabine Pass liquefaction expansion project.
-
The award is for Equinor's BM-C-33 development in Campos Basin.
-
The construction of the CP2 LNG facilities in Cameron Parish is scheduled to start this year.
-
Shell and Equinor are progressing the project toward a final investment decision, which is expected later this year.
-
Contracts for the Uaru project’s FPSO and subsea installation were awarded to MODEC and Saipem.
-
The deal covers the supply of a subsea production system for the Uaru project in the country’s prolific Stabroek Block.
-
Offshore work related to the contract is slated to begin in 2024.
-
The first paper selected for this Intelligent Fields Technical Focus presents the use of a unique artificial-intelligence technique from the fourth industrial revolution—dual heuristic dynamic programming—to address business opportunities associated with optimization.
-
This paper describes the building of a geomechanical model for an offshore field that integrated drilling, geology, petrophysics, and reservoir data to play a major role in the drillability and deliverability of the reservoir.
