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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After suffering a 2-year delay and unexpectedly large cost overruns, the Norwegian oil and gas field is expected to produce for 20 more years.
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Instead of insights, traditional economic yardsticks in mature fields can create surprises. Buyers, investors, and lenders need new yardsticks—besides those based on present value—in order to make profitable decisions in mature properties.
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The Marine XII area development could see 3 mtpa of LNG production by 2025.
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NextDecade pushes the final investment decision on project to the first quarter of 2023.
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Equinor has submitted a plan for development and operations with Norwegian authorities that would add gas compression and electrification to the Hammerfest LNG plant.
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Aker BP submitted the NOAKA development plan along with 10 other investments on the Norwegian shelf that collectively represent one of the largest private industrial developments in Europe.
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The Railroad Commission of Texas is inspecting injection wells in the Gardendale Seismic Response Area where a magnitude 5.3 earthquake and multiple aftershocks struck.
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The infrastructure company placed the winning high bid in a bankruptcy auction.
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Operator also moves forward with electrification of the Njord field.
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Boosting gas production from Israel’s Tamar offshore gas field, combined with gas from the neighboring Leviathan field, will further the ambitions of both Israel and Egypt in the Eastern Mediterranean.