Onshore/Offshore 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.
The events will be co-located 3–5 May 2027 at Reliant Park in Houston, Texas.
The supermajor said the fields are not expected to contribute meaningfully to its production profile by 2030.
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The DOI guidance explains how states can apply for the first $775 million in grant funding available this year under the Bipartisan Infrastructure Law to create jobs cleaning up polluted and unsafe orphaned oil and gas wellsites across the country.
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Discussions on long-term LNG supplies from Qatar to Germany to re-engage after years of uncertainty held up potential deals.
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This prestigious award is presented to OTC exhibitors who are revolutionizing the future of offshore energy through technological advancement and innovation. A total of 14 companies, including seven small businesses, were recognized this year for their breakthrough hardware and software technologies.
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Venture Global is closing in on FID for Plaquemines LNG terminal in Louisiana and has already sold 70% of its planned nameplate capacity.
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The plants are expected to be put into operation no later than 2024.
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Billed as the world’s longest AC power-from-shore project, Aker BP’s NOA Fulla field and Equinor’s Krafla field in the North Sea will be powered from the mainland by renewable hydropower.
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Bechtel gets the go-ahead to begin early engineering and procurement work under a limited notice to proceed.
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Baker Hughes will supply a plug-and play modularized liquefaction train system for the Plaquemines LNG project.
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The proposed LNG terminal will expand Germany's alternatives for gas supply and reduce its dependence on Russian imports.
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UK offshore oil and gas producers are moving closer to the region's goal of achieving zero routine flaring by 2030.