Awards part of ADNOC Gas’ $15 billion CAPEX plan outlined in the recent strategy update
Whale currently has an estimated recoverable resource volume of 480 million boe
TSP has indicated a substantial potential increase of ~ 44% in crude oil (from baseline production of 45.47 MMT to 65.41 MMT) and ~ 89% increase in gas production (from 24.94 BCM to 47.22 BCM) for the ten-year contract period
The EPIC NGL business consists of two fractionators (170 MBD)
The 2.3 million tonnes per annum (mtpa) LNG project is expected to contribute to meeting global energy needs
With the contract, the operator will use the infrastructure to transport gas produced in the Frade and Albacora Leste fields
Linde LienHwa will build, own and operate a complex of on-site plants to supply ultra-high-purity nitrogen and oxygen
Delivery comprises 0.8 billion cubic metres per annum (bcm/a) of LNG for 15 years
The new joint venture will combine the pair’s deep technical capabilities and proven development track records
Capital spend on energy assets in the USA now exceeds $3bn, providing a strong platform for future growth
Over 8 mtpa of Ruwais LNG project’s production capacity is committed to international customers through long-term agreements
Investment is expected to unlock around 3 trillion cubic feet of additional gas resources
MGL is exploring options of sourcing gas through domestically produced high pressure high temperature gas
LNG to be delivered in six cargoes per year, starting in 2026
With a collective storage capacity of 15000 m3 LNG, this would be the largest installation of shop-built double-walled vacuum insulated cryogenic tanks in the world
Over 7 mtpa of Ruwais LNG project’s production capacity has been committed to international customers through long-term agreements
The first from Korean shipyards in its historic shipbuilding program
RNG will be primarily used to replace diesel transportation fuel to lower fleet operating costs and reduce greenhouse gas emissions
This agreement comes within the strategic cooperation agreement signed earlier this year between TotalEnergies and Sinopec during President Xi Jinping’s state visit to France
The expected implementation timeframe of the project is approximately 18 months
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