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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First production from the UK North Sea gas field is expected in the second half of 2025.
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Nations coming together with common interests and approaches to energy is a hallmark of the modern times. Nations in South America and the Caribbean are also joining the trend via strategic energy alliances as disclosed by the presidents of Guyana and Suriname at a recent conference in Suriname, Paramaribo.
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The supplemental environmental impact statement offers multiple ways forward for the stalled project.
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QatarEnergy has selected Shell as its fifth and final international partner on the expansion project.
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Something often talked about but rarely occurs is the reuse of an existing, but idled, production platform on a new field. LLOG wants to change that with ambitions to rejuvenate the former Independence Hub floating production system for use on its Leon/Castile project in the deepwater Gulf of Mexico.
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The Mammoth project follows the company’s proven Orca model but will scale up the CO2 capture capacity to 36,000 tons per year.
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Eni and ConocoPhillips will join TotalEnergies as international partners with QatarEnergy on the North Field East Expansion, the world’s single largest LNG project ever.
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Johan Castberg is the biggest oil field to ever be discovered in the Barents Sea, but a constellation of satellite fields are likely needed to keep the development afloat.
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The project partners and government came together to salvage the stalled East Canada offshore project now due to produce first oil in 2026.
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The subsea specialist will provide and install flowlines, risers, and umbilicals for the Búzios 8 project offshore Brazil.