Onshore/Offshore Facilities
BP sanctioned development of the Kaskida in 2024, with first oil from the high-pressure project expected in 2029.
Seventeen companies, including four small businesses, were recognized this year for their demonstrated advancements in the industry.
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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The agreement puts an early contractual framework in place for closer collaboration sooner on the project pair.
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The 18 vessels CSSC will build for QatarEnergy will be the largest LNG vessels in service.
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Oman’s Marsa LNG plant expects to drop its first LNG in Q1 2028 with production aimed at serving the marine fuel market (LNG bunkering) in the Gulf.
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The final rule amends existing regulations and increases the level of financial assurances that operators must provide in advance.
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The contractor will provide 17 pipeline centrifugal compressors for Aramco’s ongoing project in Saudi Arabia.
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Belgium, the Netherlands, Germany, Norway, the UK, and Denmark have signed a joint declaration aimed at protecting critical infrastructure in the North Sea, including subsea fiber-optic cables, gas and oil pipelines, electricity transmission cables, and offshore wind installations.
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The contracts kick off another round of development in deep and ultradeep water off India’s east coast in the Bay of Bengal.
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The $6-billion Azeri Central East (ACE) platform is the first BP-operated offshore production facility controlled from onshore.
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The contractor will install the flowline and related subsea equipment later this year for the Talos Energy-led development.
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The supermajor expects its latest development will be online by 2027 and add 250,000 B/D to Guyana's soaring output.