18 May 2026
18 May 2026
OTC 2026 featured questions around energy security and geopolitical uncertainty, alongside enthusiasm for emerging offshore sectors.
By 08:08 GMT, Brent crude had reached $109.83/bbl and WTI crude $106.21/bbl, with both hitting multi-week highs earlier.
The contract includes the delivery of six identical liquefaction trains using Technip Energies' SnapLNG by T.EN solution.
To date, 28 development wells have been drilled at the Pikka field, and 21 have met stimulation and flow-back expectations.
Following the FID, the company will begin full-scale construction of the LNG facility.
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