article thumbnail

Subsea7 Wins Contracts Offshore Norway, Egypt

Rigzone

David Bertin, Subsea7 Senior Vice President, said, “Our early engagement has been instrumental in shaping a shared vision and delivering innovative, efficient solutions. This award is a testament to the strength of our collaboration, our proven track record, and our commitment to safe, high-quality execution.

Offshore 102
article thumbnail

Oil Review Middle East - Untitled Article

Oil Review Middle East

The nation is undertaking a massive North Field Expansion project that will boost its LNG production capacity from 77 million tonnes per annum (MTPA) to approximately 126 MTPA by 2027. What makes this expansion noteworthy is its parallel commitment to sustainability.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Financial instruments. | Energy, hydrogen

Energy Central

On top of that, meeting REPowerEU targets requires €210bn of investments between 2022 - 2027 including: - €86bn for renewables; Finance, hydrogen Around EUR 487 billion would need to be invested each year in the energy systemuntil 2030 to meet the Fit-for-55 objectives.

article thumbnail

Strathcona announces sale of Montney business for $2.84 billion and acquisition of Hardisty Rail Terminal

Oil & Gas 360º

billion in 2027 2029, before returning to sustaining expected capital of $0.8 In light of low current oil prices, Strathconas updated long-range plan reflects a deferral of the sanction of the Lindbergh Phase 2 expansion project from 2026 to 2027 to prioritize near-term free cash flow generation. billion in 2026 and $1.1 $1.2

BBL 130
article thumbnail

Can solar provide US airports energy security?

SmartBrief

megawatt expansion expected to go live in 2027. The suns reflection off a nearby solar array made it difficult in those hours for pilots and air traffic controllers to read their instruments and see airborne aircraft. PIT to double its solar PIT has announced its doubling its solar capacity with a 4.7-megawatt

Energy 64
article thumbnail

Management skills for modern managers 

SmartBrief

As the Fourth Industrial Revolution unfolds, the World Economic Forum estimates that 44% of workers core skills will need to be updated by 2027, emphasizing the urgent need for new competencies to keep pace with technological advancements and Gen AI. However, technical expertise alone is insufficient.

article thumbnail

Saturn Oil & Gas Inc. provides Q1/25 capital program update and accelerates debt repayment with US$15 million senior note repurchase and cancellation

Oil & Gas 360º

Using currency swaps, Saturn locked-in the FX rate on the principal and interest payments of our US denominated Senior Notes through mid-2027 at $1.3394 CAD to $1.00 USD ($0.7466 USD to $1.00 GJ to $3.35/GJ. IP30 rates cited herein are comprised of over 97% light crude oil and just under 3% natural gas.

Gas 100