Onshore/Offshore Facilities
The latest edition of ISO 20815 extends the petroleum industry's production assurance and reliability management framework to carbon capture, hydrogen, ammonia, and wind assets.
Shell has demonstrated drone-in-a-box operations from its Mars floating production unit, becoming the first operator in the region to secure FAA approval for self-approved offshore beyond-visual-line-of-sight flights. JPT Senior Technology Editor Jennifer Pallanich visited Shell Technology Center Houston to see the system in action.
Increased capacity from new terminals and expansions drove up exports of liquefied natural gas at the quickest rate since 2016.
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War-related damage to oil and gas facilities is expected to disrupt global supply chains for years, as backlogs for critical equipment continue to grow, Rystad Energy reports. -
The rise in China’s gas production, now exceeding that of Qatar and of Australia, is also limiting growth in its LNG demand.
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TotalEnergies will instead invest in the Rio Grande LNG plant, upstream conventional oil development in the US Gulf of Mexico, and shale-gas production.
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Missile attacks damage LNG trains and GTL assets, with QatarEnergy warning repairs could take years.
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Equinor said it found between 14 million and 24 million BOE with its most recent exploration well in the Polynya Tubåen prospect.
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BP sanctioned development of the Kaskida in 2024, with first oil from the high-pressure project expected in 2029.
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Seventeen companies, including four small businesses, were recognized this year for their demonstrated advancements in the industry.
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The project partners and the Newfoundland and Labrador government reach agreement over life-of-field benefits, royalties, and an equity option, moving development toward sanction in 2027.
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Drone strikes, refinery shutdowns, tanker disruptions, and halted LNG production have heightened concerns about broader supply risks.
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Operator started planning the development before it made its latest North Sea discovery.
