Onshore/Offshore Facilities
Despite significant progress in capturing associated gas for domestic use, Iraq remains the world’s third-largest gas-flaring country as it aims for higher oil and gas production targets.
The 2026 Upstream Scale Guidelines establish a common workflow for field measurements, scale modeling, and risk assessment to support more consistent operational decisions.
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.
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Production from the offshore project now represents the equivalent of 7% of European oil consumption. -
The deal covers the supply of more than 50 km of dynamic and static subsea umbilicals.
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The multiyear, $20 million-plus contract is for a well abandonment campaign in the Balmoral area in the UK central North Sea.
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Equinor, Shell, ExxonMobil expect the long-delayed project to come online around 2030.
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The contracts are for work in the Black Sea and North Sea.
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The award includes two LNG ‘mega’ trains with a combined capacity of 16 mtpa.
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Magellan will be merged into a newly created 100% wholly owned subsidiary of ONEOK, which anticipates an 'increased presence in sustainable fuel and hydrogen corridors.'
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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.
