Onshore/Offshore Facilities
After a record year for LNG project approvals in 2025, multiyear repairs to war-damaged liquefaction facilities in Qatar and the UAE threaten to slow the growth of global LNG capacity.
The declaration builds on a memorandum of understanding the partners signed with Egypt in May to process Block 10 gas at the country’s LNG export and domestic gas facilities.
Alongside the new subsea awards, Equinor strengthened its position in the 400-million-bbl Bay du Nord development by acquiring BP’s interest in the project.
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The agreement calls for the two companies to partner on techno-economic feasibility studies and jointly assess investment opportunities across the LNG value chain. -
TransCanada’s $8 billion Keystone XL pipeline may face another 8 months of delay after a court ruling raised issues with a 4-year-old environmental review.
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The Abu Dhabi government approved a $132.3-billion capital expenditure increase that will fund, among other things, a plan that could enable the country to sustain LNG production through 2040.
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A decision by the US District Court in Montana deals a blow to the TransCanada project, which is designed to transport heavy crude from Alberta to Nebraska.
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API released an updated valve standard for wellhead and tree equipment, which includes new automatic closure requirements.
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Imperial Oil has made a final investment decision on its 75,000-B/D Aspen oil sands project, the first new oil sands development to be approved in 5 years.
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ROVs dominate the world of subsea inspections, maintenance, and repair, but as operators work in a post-downturn economy, autonomous systems have become more in demand. Autonomous inspections are possible today, but how can they help with light and heavy intervention?
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DNV estimates that gas will be the world’s primary energy source by the mid-2020s. Growth in LNG capacity is expected as the midstream sector invests in connecting shifting sources of gas with changing demand centers. Other factors also will drive the globalization of gas trading markets.
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Remote condition monitoring of offshore platform equipment tracks performance data, watching for deviations from baseline benchmarks. Unexpected variances can be investigated and serviced by technicians dispatched to target the root causes—an approach called condition-based maintenance.
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As part of a 2-year deal, the Kreuz Glorious will help with the inspection of offshore jackets in the Arabian Sea. Kreuz will also provide personnel for project management and offshore construction.
