LNG

FLNG vessels will handle gas from the Vaca Muerta formation when they go online in 2027 and 2028 offshore Argentina.

Updates about global exploration and production activities and developments.

First LNG at Tellurian’ asset known as Driftwood LNG before Woodside’s acquisition last year is expected in 2029.

The offshore Mauritania and Senegal project’s initial phase will deliver around 2.4 mtpa of LNG once fully commissioned.

The French major will supply the Caribbean country with LNG supplies while agreeing to take supplies from future Texas project.

Stonepeak will pay $5.7 billion for 40% interest in the project due for FID later this year.

The strategic buyout of Portugal’s Galp is ADNOC’s first investment in Mozambique as it continues to grow its lower-carbon LNG portfolio.

Ginger is among the 10 upstream projects that BP plans to bring on-stream by 2027 after resetting its strategy to raise oil and gas investments to $10 billion per year.

US LNG exports to Asia rose from 3.1 Bcf/D in 2023 to 4 Bcf/D last year.

In the next 3 to 5 years, South America and the Middle East will lead global investment, driven by greenfield developments, exploration, and midstream infrastructure. Brazil’s growth is fueled by deepwater pre-salt projects, while the Middle East focuses on gas and LNG, especially in Qatar, Saudi Arabia, and the UAE.