"North Field" News

ADNOC's Ruwais LNG to Earmark 40% Stake to Shell, Total, BP, and Mitsui

Jul 05, 2024

Abu Dhabi National Oil Company (ADNOC) has earmarked a 40% stake in its Ruwais liquefied natural gas (LNG) project to four energy majors Shell, TotalEnergies, BP, and Japan's Mitsui, sources told Reuters.The four companies are expected to get…

QatarEnergy Expanding North Field LNG Development

Feb 25, 2024

QatarEnergy has announced that it is proceeding with a new LNG expansion project, the “North Field West” project, to raise the nation’s LNG production capacity to 142 million tons per annum (MTPA) before the end of this decade.This represents an increase of almost 85% from current production levels…

QatarEnergy and Nakilat Sign Long-Term Agreement for Nine QC-Max LNG Vessels

May 09, 2024

QatarEnergy has signed a long-term agreement with Qatar Gas Transport Company Limited (Nakilat), under which Nakilat will own and operate nine QC-Max class LNG vessels, the largest LNG vessels ever built.The nine QC-Max vessels, with a capacity of 271…

First Oil Flows from Eldfisk North Field Offshore Norway

May 08, 2024

Eldfisk North project, operated by ConocoPhillips at the Greater Ekofisk Area in the North Sea, has achieved first oil production.In December 2022, the Norwegian authorities approved the Eldfisk North Plan for Development and Operation with…

Saipem Loads Out Three Topsides for QatarEnergy LNG’s North Field Gas Project

Mar 13, 2024

Italian energy industry engineering and construction firm Saipem has loaded out the first three topsides for QatarEnergy LNG’s North Field Production Sustainability (NFPS) gas project, located offshore the north-east coast of Qatar.The three topsides…

Perenco Starts Gas Production in Southern North Sea

Mar 11, 2024

Oil and gas company Perenco has started gas production from its C06 well, a near-field discovery within the Ravenspurn South area of the Southern North Sea.During the fourth quarter of 2023, the deviated well 42/30-C06 was drilled and completed with the Valaris-247 rig in 48-meter water depth…

Esgian Week 9 Report: Dolphin, Diamond and Seadrill Updates

Mar 03, 2024

Esgian reports rig-related updates from Dolphin Drilling, Diamond Offshore, and Seadrill in its Week 9 Rig Analytics Market Roundup.Report Outline:ContractsDespite Tullow Oil’s recent announcement that it would take a break from drilling offshore Ghana…

Qatar's Bigger LNG Expansion to Squeeze US, Other Rivals

Feb 28, 2024

Qatar's planned expansion of liquefied natural gas (LNG) production could see it control nearly 25% share of the global market by 2030 and squeeze out rival projects including in the United States where President Biden paused new export approvals…

Sinopec Signs 27-Year LNG Supply Deal

Nov 05, 2023

State-owned Chinese firm Sinopec signed a new 27-year LNG supply and purchase agreement with QatarEnergy, the two companies said on Saturday.Under the agreement, the two companies will cooperate on the second phase of the Gulf Arab state's North Field expansion project…

QatarEnergy Orders 17 Ultra-Modern LNG Carriers for $3.9 Billion

Sep 27, 2023

Qatari oil and gas company QatarEnergy has ordered 17 'ultra-modern' LNG carriers from South Korea's HD Hyundai Heavy Industries (HHI).The deal, signed at a ceremony in Seoul, is valued at 14.2 billion Qatari Riyals (currently around $3,9 billion)…

Wintershall Dea Starts Production at Dvalin Field Off Norway

Aug 23, 2023

Wintershall Dea on Wednesday announced it has started production from the Dvalin gas field in the Norwegian Sea together with the partners Petoro and Sval Energi, providing significant new gas volumes to the European market.The field helps underpin…

Qatar Strikes Second Big LNG Supply Deal with China

Jun 20, 2023

Qatar on Tuesday secured its second large gas supply deal with a Chinese state-controlled company in less than a year, putting Asia clearly ahead in the race to secure gas supplies from Doha's massive production expansion project.China National…

McDermott Bags Major Subsea Pipeline, Cable Order in Qatar

Jul 12, 2023

Offshore installation firm McDermott has secured a major subsea pipelines and cables engineering, procurement, construction, and installation (EPCI) project from Qatargas.The award is related to the North Field Production Sustainability (NFPS) Offshore Fuel Gas Pipeline and Subsea Cables Project…

QatarEnergy to Sign Long-term Asian LNG Supply Deal on Thursday - Source

May 30, 2023

QatarEnergy will sign a long-term liquefied natural gas (LNG) supply deal with an Asian entity on Thursday, a source with direct knowledge of the matter told Reuters.The deal will be one of many to come this year as the major LNG producer secures sales for its North Field expansion project…

Technip Energies Posts Highest-ever Backlog in H1, Upgrades Guidance

Jul 27, 2023

Technip Energies on Thursday posted its highest-ever adjusted backlog for the first half of the year, driven by the signing of major contracts, and upgraded its recurring core profit margin guidance for 2023.The adjusted backlog of the French…

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