Asset Management
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.
Spain has granted permits covering a swath of the mountain range to Mantle8 for natural hydrogen and helium exploration a month after France granted the company similar permits.
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The French producer has taken final investment decision on the deepwater Begonia field, plus natural gas and solar developments. -
ADNOC Drilling and ADNOC Logistics & Services have won the newest round of contracts to develop the mega sour-gas project that will expand the UAE’s production of LNG.
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ExxonMobil awarded the consortium the project management, engineering, and installation of the estimated 190-km pipeline.
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The discoveries bring the total number of its finds offshore Guyana to more than 25.
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ExxonMobil LNG Asia Pacific will purchase 1.0 mtpa from Rio Grande LNG plant over a 20-year period.
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Schlumberger, Subsea 7 alliance will supply and install a subsea boosting system in GOM field.
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Second-quarter earnings for the three biggest oilfield service companies arrived with some new takes on where the market is headed.
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First production from the UK North Sea gas field is expected in the second half of 2025.
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While small modular reactors open doors to affordable, carbon-free nuclear power, they also raise new questions over waste disposal.
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A new report shows that the offshore oil and gas sector is cautiously getting back to work, with some projects delayed and while EPC awards for sanctioned projects remain robust.
