Field/project development
The Absheron gas field expansion will supply additional natural gas to Azerbaijan’s domestic market and support its export commitments to Turkey, allowing Baku to stay focused on meeting its gas export obligations to Europe.
With $9.6 billion in assets in the market, the focus is shifting from who is exiting Southeast Asia to who is positioning for entry through acquisition, according to Rystad Energy.
Shell has reached FID on LNG Canada Phase 2, a major expansion that will double the Kitimat facility’s LNG export capacity to 28 mtpa and strengthen long-term supply to growing Asian markets.
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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.
