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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Aker BP submitted the NOAKA development plan along with 10 other investments on the Norwegian shelf that collectively represent one of the largest private industrial developments in Europe. -
Operator also moves forward with electrification of the Njord field.
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Boosting gas production from Israel’s Tamar offshore gas field, combined with gas from the neighboring Leviathan field, will further the ambitions of both Israel and Egypt in the Eastern Mediterranean.
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Development of these offshore fields carries a combined price tag net to Aker BP of $19 billion.
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This year has seen the highest amount of capacity sanctioned since 2010.
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The deal awards the first concession in the Middle East for unconventional oil resources.
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A pair of innovative field development strategies are helping tame the wild, wild Permian Basin.
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I would like to highlight the following works as promising technological developments for production and facilities: innovative measurement techniques, improvements to drilling safety, new developments in piping inspection, and a very interesting study of triangular vs. circular cross-sectional pipes.
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The standalone FPSO destined for Senegal’s first offshore oil development is on its way to a Singapore yard for topsides integration and commissioning.
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Cassia C is BP Trinidad and Tobago's first offshore compression platform.
