Onshore/Offshore Facilities
A new Eni/Petronas venture is targeting 500,000 BOE/D in output from combined upstream portfolios across Malaysia and Indonesia.
BPX Energy will retain operatorship of the assets after the sale of its interests to private investment firm Sixth Street is complete.
Thailand’s PTTEP is partnering with subsea joint venture SLB OneSubsea to expand capacity across two fields offshore Malaysia.
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Nine companies, including one small business, were recognized this year for their demonstrated advancements in the industry. -
The $206 million deal for the fields offshore Trinidad and Tobago is expected to close in the third quarter of 2025.
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The revised report provides upstream oil and gas operators with a framework and guidelines to help select and deploy methane emissions detection and quantification technologies.
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Assets include regasification and power generation facilities along with associated pipelines.
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The agreement allows BP to maintain control over its stake in the TANAP pipeline, which transports gas from the Caspian Sea to Europe through Turkey, while unlocking nearly $1 billion in capital as part of its divestment program.
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Cooldown cargo is set to be delivered to Kitimat, BC, from Australia in early April, the final step prior to official startup.
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Argentina’s YPF forecasts the $3 billion oil pipeline and export terminal will carry 180,000 B/D when it goes onstream in 2026.
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The Louisiana contractor is buying Kystdesign for an undisclosed sum, expanding its underwater vehicle business.
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The agreement aims to bring the efforts of both companies together to advance digital-enabled carbon-free floating power generation.
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The Halten East project in the Norwegian Sea involves fields that if developed independently would be considered too marginal to be economically attractive.
