LNG
News
August 15, 2023
Apache Corp., confident in its oil discovery with TotalEnergies SE off Suriname’s coast, is pursuing further discussions for a floating liquefied natural gas (LNG) site in cooperation with neighboring Guyana, an Apache executive told analysts and investors.
News
August 10, 2023
The first contract has been awarded to Saipem by Eni Congo for the conversion of Scarabeo 5 semisubmersible drilling unit into a separation and boosting plant.
News
August 10, 2023
European natural gas fluctuated Thursday as traders weighed the prospects of any major impact and erased some of the 28% surge the previous day — a move not seen since the early weeks of the Russian invasion of Ukraine last year that upended global supply of the fuel.
News
August 08, 2023
Scarborough, which will drill gas offshore and process it at an expanded plant on the Burrup Peninsula in Western Australia, is forecast to produce as much as 8 million tons of LNG a year.
News
August 08, 2023
Replacing on-site gas turbine generators with power from shore will slash carbon dioxide emissions from the facility by 850,000 tons annually after its planned completion, equal to 13% of the 55% cut in carbon emissions pledged by Norway’s oil and gas sector, according to Equinor.
News
August 04, 2023
Tourmaline said late on Wednesday that it’s joining Rockies LNG, a group of producers working on the 12 million-metric-ton-per-year Ksi Lisims project on the northern edge of British Columbia’s Pacific coast.
News
August 04, 2023
Under a 20-year agreement, ConocoPhillips will buy approximately 2.2 million tons of LNG annually from Mexico Pacific Limited LLC, the companies said in a statement Thursday.
News
July 28, 2023
Under the terms of the agreement, bp will provide OMV with LNG from its diverse and global portfolio, which will be received and re-gasified through the Gate LNG Terminal in Rotterdam, the Netherlands, where OMV holds regasification capacity, or other terminals in Europe.
News
July 19, 2023
Under the terms of the agreement, ADNOC Gas will deliver up-to 1.2 MMTPA of LNG to IOCL in India. The deal serves as a testament to ADNOC Gas’ ability to meet the growing global demand for LNG, a critical fuel in the energy transition.
News
July 18, 2023
The U.S., the European Commission, Japan, South Korea and Australia are collaborating to limit methane emissions from liquefied natural gas (LNG) supply chains.
News
July 17, 2023
The first LNG carrier in a series currently under construction by Samsung Heavy Industries (SHI) in Korea has completed gas trials. Originally ordered in Q2 2021 and scheduled for delivery in July 2023, the ship is powered by MAN B&W ME-GA dual-fuel engines capable of running on fuel oil and LNG, and comes with Exhaust Gas Recirculation (EGR) for emission reduction.
News
July 13, 2023
This first phase comprises 3 liquefaction trains with a total capacity of 17.5 million tons per annum (MTPA) and CAPEX of $14.8 billion. The Engineering, procurement, and construction (EPC) contract has been awarded to Bechtel, and commissioning of the plant is scheduled for 2027.
News
July 12, 2023
Speaking during a “Leadership Dialogue” held as part of the 20th International Conference & Exhibition on Liquefied Natural Gas, which is currently taking place in Vancouver, Canada, His Excellency said that as the world grows, “gas will always be needed as the cleanest fossil fuel for the base-load required for electricity production and for powering industrial and manufacturing factories.”
News
July 11, 2023
This is the first time Exxon has laid out a clear timeline for the project since reviving plans to build the onshore plant, which was stalled in 2020 as an Islamic State-linked insurgency heightened security concerns.
News
July 11, 2023
Dominion Energy has concluded a robust and competitive sale process and executed a definitive agreement to sell its 50% noncontrolling limited partner interest in Cove Point LNG, LP, to Berkshire Hathaway Energy, which currently operates the facility and owns a 100% general partner and 25% limited partner interest.
News
July 10, 2023
This additional delivery confirms the value of gas as a reliable energy source, capable of providing a reliable response to growing energy demand while supporting the energy transition.
News
July 06, 2023
In total, Baker Hughes will supply six Frame 7 gas turbines paired with 18 centrifugal compressors across Rio Grande’s first three LNG trains in a parallel configuration arrangement, providing more operational flexibility – for a nameplate capacity of 17.61 MTPA.
News
June 28, 2023
The 2023 edition of the Italian LNG Summit - Sustainability, Market, Stakeholders, was held in Rome, in the setting of the Ara Pacis Museum. The meeting, organized and promoted by OLT Offshore LNG Toscana
News
June 26, 2023
Under the SPA, ENN has agreed to purchase approximately 1.8 million tonnes per annum of LNG from Cheniere Marketing on a free-on-board (“FOB”) basis for a purchase price indexed to the Henry Hub price. Deliveries will commence in mid-2026, ramping to 0.9 mtpa in 2027.
News
June 23, 2023
The East African nation could confirm a host government agreement and an amended production-sharing deal with the project’s consortium that includes Equinor ASA, Shell Plc and ExxonMobil Corp. as early as next month, according to the Energy Ministry’s permanent secretary, Felchesmi Mramba.
News
June 22, 2023
Equinor signed up for another 1.75 million tons a year in long-term supply from Cheniere Energy Inc., the biggest U.S. producer. The company agreed to buy a similar volume from Cheniere in an agreement struck a year ago.
