Asset Management
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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Oil isn’t going away, but that misses the fact that a demand plateau will structurally change the industry for people and companies in the most geologically mature areas, especially the United States. -
Discovery is located west of bp’s large Mad Dog complex in the Green Canyon area.
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New well on the field is slated to begin drilling in late 2021.
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Venture targeting analogous sands to adjacent Suriname discoveries.
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Drillship will be used on the third phase of BC-10 activity.
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As European majors push hard and fast to decarbonize energy and move into new and renewable sources, US majors are focusing on cleaner, more efficient hydrocarbons. Which approach and which companies will gain the upper hand?
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Discovery near field’s northern reaches will be fast-tracked for production.
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Three wells planned, including a Hibiscus Extension well.
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Victories by climate activists targeting Shell and Exxon Mobil have packed a strong punch. What does this foretell for the next round in the climate debate?
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The facility would be the first of its kind in the US and is planned to be located in West Texas’ Permian Basin.
