Asset Management
SPE Journal is seeking submissions for a special issue on sustainable enhanced oil recovery (EOR), highlighting innovations that boost oil recovery while reducing CO2 emissions and environmental impact. The Call for Papers opens on 15 October 2026.
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.
The long-term outlook analysis says a potential shift toward new construction could push 2026 production 3% above 2025 levels.
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The award includes two LNG ‘mega’ trains with a combined capacity of 16 mtpa.
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The $540 million joint acquisition is expected to close in June.
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The deal is expected to support the LNG exporter’s Sabine Pass liquefaction expansion project.
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The award is for Equinor's BM-C-33 development in Campos Basin.
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The construction of the CP2 LNG facilities in Cameron Parish is scheduled to start this year.
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One expert says there needs to be a transfer of safety culture from the traditional energy industry to the newer offshoot of renewables.
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The consortium will leverage the oil and gas industry's 100+ years of experience and technological developments in drilling and subsurface engineering to advance geothermal.
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Shell and Equinor are progressing the project toward a final investment decision, which is expected later this year.
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Contracts for the Uaru project’s FPSO and subsea installation were awarded to MODEC and Saipem.
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The deal covers the supply of a subsea production system for the Uaru project in the country’s prolific Stabroek Block.