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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The new Kongsberg Discovery business area will turn the company’s sensors toward mapping and monitoring the ocean. -
Sinopec becomes the first Asian equity holder in the NFE expansion after having signed a 27-year sales and purchase agreement with Qatar, the longest term in the industry.
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Service company Liberty Energy has announced the formation of Liberty Power Innovations which will specialize in compressed natural gas.
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Six satellites are expected to be launched this year to form a constellation aimed at combating emissions along oil and gas pipelines.
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The OTC Energy Insights will be livestreaming from an on-site studio, a new addition to the Offshore Technology Conference exhibit hall floor.
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The semisubmersible host is the centerpiece of BP’s $9-billion Mad Dog Phase 2 project.
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If the sale closes, the company will lease back the parcel under a 40-year term.
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The Kremlin’s agreement to settle payment enables the equity transfer to be finalized.
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After successfully identifying prospects offshore Namibia with Shell and TotalEnergies, QatarEnergy is now expanding its African footprint into Mauritania.
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Russia’s proposed Power of Siberia 2 gas pipeline would enable gas historically exported to Europe to be redirected to China along a single pipeline system that joins the country’s West and East Siberian resource centers.
