Onshore/Offshore Facilities
The deal includes Waygate’s inspection portfolios and is expected to close later this year.
While Uzbekistan has seen a significant drop in flaring, methane leaks from deteriorating infrastructure continue to reveal themselves to satellites in space.
Analysts weigh near‑term risks for Middle East oil and gas producers after a tentative 2‑week ceasefire between the US‑Israeli coalition and Iran.
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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.
