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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After years of near-misses, a Shell-led partnership is building the first liquefied natural gas export facility in Canada. It creates a much-needed export market for producers facing a gas glut, but more is needed. -
Despite a trend toward renewables and low-carbon energy production among European majors, Total remains wholeheartedly committed to deepwater production.
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Industry analysts fear bad news for producers, as Chinese demand is expected to be a significant driver in new LNG production. China accounted for 15% of US LNG exports in 2017.
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The contract calls for Vitol to purchase 700,000 tonnes annually over a 15-year period, providing some optimism for companies hoping to secure similar long-term deals.
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The construction of an LNG regasification terminal in Tema, Ghana, in addition to the first delivery of gas from the offshore Sankofa field in August, is decreasing the country’s reliance on liquid fuels and imports. About 80% of its power generation requirements will be met with gas.
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The ceremonial event took place at Geoje Island, South Korea. Startup of LNG production in offshore Mozambique’s Area 4 is expected in 2022.
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Gas is forecast to overtake oil as the world’s primary energy source in 2026. LNG, with capacity expected to double by the late 2040s, will connect the shifting sources of gas with changing demand centers.
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The data collected via monitoring and metering applications are increasingly viewed as central to assessing production performance and in decision making to optimize field development and operations.
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Qatargas will provide 3.4 mtpa of LNG to China. PetroChina signed a 22-year agreement with the world's largest LNG-producing company.
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Lobbyists representing US manufacturing and chemical companies are urging Congress to secure natural gas pipelines against physical attacks and cyberattacks.
