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The move comes weeks after Gazprom announced a final development concept for the project. Other projects Shell is developing with Gazprom, including the Sakhalin 2 export facility, will not be impacted by the decision. The next big wave of decommissioning and abandonment projects is set to occur in the Asia-Pacific region, and APAC’s operators are now tasked with finding cost- and time-effective ways of unwinding their huge agglomeration of wells and facilities. This digital deal is helping to make augmented reality a new reality for oil and gas operations. The project framework agreement moves the proposed conversion of Lake Charles LNG’s import and regasification terminal closer to sanction, which is expected sometime this year.

  Country: Asia (0.71)
  Industry: Energy > Oil & Gas > Upstream (1.00)