Onshore/Offshore Facilities
The awards build on Tenaris’ role in earlier phases of the ultradeepwater Black Sea project.
Suspended by force majeure since the spring of 2021, work on the Mozambique LNG project has restarted with over 4,000 workers now engaged onshore and offshore to meet a 2029 deadline for first LNG.
Shell CEO Wael Sawan said Nigeria’s improving investment climate is boosting its appeal for long-term oil and gas investment.
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Production from the offshore project now represents the equivalent of 7% of European oil consumption.
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The deal covers the supply of more than 50 km of dynamic and static subsea umbilicals.
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The multiyear, $20 million-plus contract is for a well abandonment campaign in the Balmoral area in the UK central North Sea.
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Equinor, Shell, ExxonMobil expect the long-delayed project to come online around 2030.
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The contracts are for work in the Black Sea and North Sea.
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The award includes two LNG ‘mega’ trains with a combined capacity of 16 mtpa.
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Magellan will be merged into a newly created 100% wholly owned subsidiary of ONEOK, which anticipates an 'increased presence in sustainable fuel and hydrogen corridors.'
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The deal is expected to support the LNG exporter’s Sabine Pass liquefaction expansion project.
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The award is for Equinor's BM-C-33 development in Campos Basin.
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The construction of the CP2 LNG facilities in Cameron Parish is scheduled to start this year.