Onshore/Offshore Facilities
Despite a 2.8% drop in LNG exports in 2025 due to lost market share in China, Australia anticipates a 2026 rebound as new North West Shelf capacity comes online. Meanwhile, east coast operators brace for a tsunami of wells entering the decommissioning pipeline and potential energy shortfalls necessitating LNG imports.
Among the awards are contracts for four currently idle deepwater rigs.
The deal targets increased investment and production from one of the country’s largest onshore developments.
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DTEK has delivered its first US-sourced LNG shipment through Lithuania to supply Ukraine and neighboring countries this winter. -
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Plans call for license partner Aker BP to serve as operator during the development phase, with operatorship reverting to DNO after first oil in 2028.
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Production from the Búzios field now tops 1 million B/D with six floating production systems in operation and more on the way.
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In lifting force majeure, TotalEnergies says it will restart construction on its Mozambique LNG project as soon as the government agrees to a revised budget and schedule that targets shipping first product in 2029.
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A new Eni/Petronas venture is targeting 500,000 BOE/D in output from combined upstream portfolios across Malaysia and Indonesia.
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BPX Energy will retain operatorship of the assets after the sale of its interests to private investment firm Sixth Street is complete.
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Thailand’s PTTEP is partnering with subsea joint venture SLB OneSubsea to expand capacity across two fields offshore Malaysia.
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This paper discusses a comprehensive hybrid approach that combines machine learning with a physics-based risk-prediction model to detect and prevent the formation of hydrates in flowlines and separators.
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Updates about global exploration and production activities and developments.
