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 contract was awarded by Bechtel to Baker Hughes for project's key liquefaction systems. -
The acquisition will enable Energy Transfer to send more barrels of Permian crude to oil hub at Cushing, Oklahoma.
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With mobilization in China normalizing, new Wood Mackenzie analysis expects the country to account for almost 40% of global growth in oil demand this year.
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Port Arthur LNG is expected to handle 13 mtpa of liquefied natural gas, with first LNG cargoes expected in 2027.
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The collaborative virtual asset and data management suite is designed to meet the needs of the offshore renewable energy market and oil and gas subsea asset owners.
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The two companies have entered a commercial agreement in which Baker Hughes will use Oqton’s software to boost its 3D printing capabilities.
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Production from the Dover field is expected to start in late 2024 or early 2025.
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Plaquemines Phase 2 is the first project to take FID in 2023 and is expected to be the next new LNG capacity in North America.
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Texas A&M University-Qatar in collaboration with the SPE Qatar Section conducted a 2-day virtual workshop on flow assurance, carbon reduction, and digitalization. Participants included more than 200 professionals associated with academia, research institutes, and industry from 23 countries.
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The approval adds momentum to the Alaska North Slope’s production revival.
