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The US Department of Energy authorized the export from the terminal’s fourth liquefaction train to countries that have no free trade agreement with the US. -
The decision may alleviate some of the pressures oil and gas producers faced in the wake of their imposition last year. Canada and Mexico made up a combined 20% of US imports of oil country tubular goods in 2017.
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The deal with project developer Sempra includes Saudi Aramco netting 5 mtpa of LNG offtake and a 25% equity stake in Phase 1 of the export terminal, which may reach FID later this year.
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After suffering major setbacks, Chevron’s massive Big Foot project finally achieved first oil last November in the US Gulf of Mexico. With the setbacks in the rear-view mirror, project personnel spoke about the challenges.
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Unmanned minimum facility platforms are a reliable alternative to traditional wellhead platforms or subsea installations, and the technologies enabling simpler designs have evolved.
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The technologies born out of innovative ideas have been critical for advancing deepwater assets in the past, and venture-capital investment helps incubate risk-taking companies developing those technologies. With digitization becoming a greater focus in industry, what role will venture capital play?
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Virtual metering technology has been in use for years as a cost-effective means of monitoring production, but what else can it do? How reliable is it as a backup to physical multiphase meters?
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High-fidelity 3D engineering simulations are valuable in making decisions, but they can be cost-prohibitive and require significant amounts of time to execute. The integration of deep-learning neural networks with computational fluid dynamics may help accelerate the simulation process.
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Cyberattacks on energy infrastructure have become a headline affair in recent years, and the costs of not addressing the threats they pose can be catastrophic. What are the responses, and how does the convergence of IT and OT help close the security gaps?
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A growing sector of water midstream companies is in the Permian Basin looking to take advantage of a business opportunity borne out of rising produced water volumes. Billion-dollar valuations for these companies in the near future could become a reality.
