Field Development

New Fortress Energy has cleared major regulatory hurdles in obtaining an export permit from Mexico’s government for its first Altamira Fast LNG project, but subsequent deals will determine Mexico’s potential as a key liquefied natural gas export country. The project is one of several under development along the Gulf of …

Russian authorities have promised strong backing to a recently announced plan by the country’s largest independent gas producer, Novatek, to build a liquefied natural gas export plant near the northern port of Murmansk on the Barents Sea. Speaking in Moscow on Monday, Russian Deputy Prime Minister Alexander Novak described the …

A serious incident took place last week on ExxonMobil’s Hebron platform offshore eastern Canada that could have resulted in a fatality. The US supermajor reported that on 28 May, while completing maintenance work on a crane on the Hebron facility, a piece of metal equipment weighing 6.8 kilogrammes was projected …

Paris-headquartered Technip Energies and partner GE Gas Power will carry out scoping engineering work for a natural gas fired power plant with integrated carbon capture and storage (CCS) in the UK. The greenfield natural gas-fired Combined Cycle Gas Turbine (CCGT) plant with CCS, to be located in Stallingborough, in Lincolnshire, …

Global services giants Subsea 7 and Aker Solutions have signed a four-year extension of their frame agreement to supply and install all of Aker BP’s subsea production requirements. For Subsea 7, the extension covers the engineering, fabrication and installation of subsea umbilical, risers and flowlines (Surf), while for Aker Solutions …

ALNG 2 Train 2 scheduled to start operation in around a year

Contractors reeling from bolt from the blue that puts massive Bay du Nord in Newfoundland & Labrador project on ice, while politicians hit out at Norwegian major

Key player: Saudi Arabia’s Minister of Energy, Prince Abdulaziz bin Salman Al-Saud, arrives for the 35th Opec meeting in Vienna, Austria, on 4 June 2023. Photo: REUTERS/SCANPIX 1 million barrels per day to be slashed in July alongside reduced Opec+ quotas throughout 2024

Three subsea players have submitted offers in a Petrobras tender to contract electro-hydraulic umbilicals for six offshore fields in the Campos and Santos basins offshore Brazil, but one of them easily defeated rivals and knocked competition out of the park. The equipment is meant to serve 100%-owned Petrobras offshore projects …

Mexican hydrocarbons regulator CNH has approved the development plan submitted by state-owned energy company Pemex and its partners for the Zama shallow-water field in the Sureste basin off the coast of Tabasco state. The decision paves the way for the Pemex-led consortium to sanction the project and invest approximately $4.5 …