Onshore/Offshore Facilities
In a move tied to national security, a Trump-appointed committee voted to exempt oil and gas drilling in the Gulf of Mexico from Endangered Species Act requirements, marking the first such exemption in 3 decades.
PTTEP and SPE formalized a new partnership at OTC Asia 2026 to advance technical knowledge, professional development, and collaboration across the energy sector. The agreement aims to turn global expertise into practical solutions for inspection, maintenance, and asset integrity—key priorities in an evolving industry.
The global oil and gas industry is reimagining natural gas processing and handling in response to environmental pressures, economic realities, and technological opportunities. The predominant narrative is one of transition.
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Recently, artificial intelligence (AI), deep learning (DL), and machine learning (ML) have taken natural gas processing and handling on a new trajectory, replacing complex simulation runs. -
Updates about global exploration and production activities and developments.
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In the next 3 to 5 years, South America and the Middle East will lead global investment, driven by greenfield developments, exploration, and midstream infrastructure. Brazil’s growth is fueled by deepwater pre-salt projects, while the Middle East focuses on gas and LNG, especially in Qatar, Saudi Arabia, and the UAE.
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An oversupply of LNG carriers is putting downward pressure on charter rates, pushing them to historic lows. Newbuild LNG carrier deliveries have been outpacing the construction and permitting of new liquefaction facilities needed to support them.
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TechnipFMC diver Stuart Cowie shares his 17-year experience working as a saturation diver in the oil and gas industry and how to manage mental health and well-being during the often-isolating work demands.
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Nine companies, including one small business, were recognized this year for their demonstrated advancements in the industry.
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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.
