LNG
Project financing raised by JP Morgan will enable YPF and its partners Eni and ADNOC’s XRG to launch Phase 2 of Argentina LNG, boosting production to 18 mtpa by 2030-2031.
The Gorgon Phase 3 project will counter declining reservoir pressure to sustain gas supplies to Western Australia’s domestic market and support LNG exports to Asia.
By resuming work on the Rovuma LNG project, ExxonMobil tees up a final investment decision expected in 2026 as East Africa’s LNG hub begins to take shape with three separate projects now in construction.
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Australia’s Ichthys LNG facility will provide feedstock, along with production from legacy Japanese gas fields that will also serve as repositories for CO2 storage.
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Arcius’ remit covers the Shorouk concession, home to the Zohr gas field whose production decline has been fueled by a lack of investment.
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The plan calls for developing a gas field, CCUS, and onshore compression, with first production expected in 2028.
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Contract awards for EPC on shore-based liquification facilities and FEED for upstream offshore infrastructure in Mozambique’s ExxonMobil–Eni project bodes well for an East African LNG hub.
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By adding this latest EPCI contract for pipelines and cables to earlier awards, McDermott is now responsible for all offshore infrastructure associated with Qatar's massive North Field Expansion.
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The Eagle Ford deal comes as the US LNG market's growth remains stunted by policy.
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The joint venture will be responsible for engineering, procurement, construction management, and commissioning of the planned 16.5-mtpa facility.
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Chevron CEO Mike Wirth urges more optimistic and balanced conversations regarding the energy transition.
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The updated plan seeks to avert termination of the PSA by raising total investment and constructing a floating production unit at Aphrodite plus an export pipeline to Egypt.
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This paper describes a workflow that has been established to calculate the value of reservoir surveillance in producing gas fields based on established value-of-information methods.