Asset Management
The London-based supermajor is stepping back from startup investing as it seeks to focus capital on its oil and gas business.
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.
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Equinor and its partners’ investment in the Troll West Increased Gas Recovery North (TWIN) project aims to unlock around 11 Bcm of additional natural gas from the Troll field, with first production targeted as early as 2028.
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The US supermajor will use Permian Basin natural gas to support the hyperscaler’s AI business.
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The Coral Norte FLNG is to be the mirror image of the Coral Sul unit, which shipped its first cargo in 2022 after it was put into service in Area 4 offshore Mozambique.
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Barzan plant explosion that killed 13 and injured 66 occurred 2 days after production was restarted following a scheduled shutdown in December for routine maintenance.
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Industry experts at URTeC assessed more than a decade of unconventional growth while discussing where productivity gains will come from next.
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In the fourth development phase, a planned tieback would connect resources from two North Sea discoveries to existing infrastructure at the Johan Sverdrup field, pending project sanction.
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This article from the SPE Robotics and Autonomous Systems Technical Section (RASTS) explores the insights shared at the recent Offshore Technology Conference (OTC) in Houston about autonomous systems and their role in the industry's future.
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The Pinnington project in North Texas is the company’s largest solar project in the state and brings Repsol’s renewable energy generation capacity in the US to greater than 2 GW.
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The technology has passed its first phase of qualification, with 84 nodes placed on the seafloor at a depth of 2,000 m to acquire 4D seismic data in the pre-salt Santos Basin.
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Assets consolidated into the Searah JV include Eni-operated deepwater gas-condensate developments in the Kutei Basin, offshore East Kalimantan, Indonesia.