Onshore/Offshore Facilities
War-related damage to oil and gas facilities is expected to disrupt global supply chains for years, as backlogs for critical equipment continue to grow, Rystad Energy reports.
The rise in China’s gas production, now exceeding that of Qatar and of Australia, is also limiting growth in its LNG demand.
TotalEnergies will instead invest in the Rio Grande LNG plant, upstream conventional oil development in the US Gulf of Mexico, and shale-gas production.
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Production from the Dover field is expected to start in late 2024 or early 2025. -
Sustaining two of the UAE’s biggest onshore fields will require hundreds of kilometers of new pipelines that are to be powered using 100% renewable energy.
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The second phase of the project will analyze data gathered in Phase 1, with the goal of improving riser, wellhead, and conductor fatigue estimates.
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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.'
