floating LNG (FLNG)
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Giant gas project off Australia had been idle since last December.
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The export project in the US Gulf of Mexico could handle up to 13 mtpa of liquified natural gas.
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Being first isn’t easy, as the massive Prelude has demonstrated. Since being commissioned in 2018, the world’s largest vessel has suffered a series of setbacks and has now halted production for an indefinite period of time.
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The Canadian pipeline operator will also operate the proposed floating LNG project with a planned startup slated for 2027.
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Delfin Midstream announced advancements in partnership with Samsung Heavy Industries and Black & Veatch. By re-purposing existing offshore pipelines and building the FLNG vessels at Asian shipyards, the total capital costs are projected to be around $500–550/tpa.
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Located offshore the city of Batangas, approximately 2 hours south of Manila, the Luzon LNG project will include a fully integrated turnkey FLNG terminal, arranging the necessary supply of LNG and distribution of natural gas across the island of Luzon.
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The facility would enable exports from one of the world’s largest gas discoveries to new markets, primarily in Europe and Asia. The Leviathan partners have signed deals to export gas to Middle Eastern countries such as Egypt and Jordan.
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Wood and KBR inked a multimillion-dollar contract to deliver integrated front-end engineering design (FEED) for Shell Australia's Crux project to build a not-normally-manned (NNM) platform and gas export pipeline located approximately 600 km north of Broome, offshore Western Australia (WA). The Crux field water depth is 110 to 170 m.
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DNV estimates that gas will be the world’s primary energy source by the mid-2020s. Growth in LNG capacity is expected as the midstream sector invests in connecting shifting sources of gas with changing demand centers. Other factors also will drive the globalization of gas trading markets.
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The ceremonial event took place at Geoje Island, South Korea. Startup of LNG production in offshore Mozambique’s Area 4 is expected in 2022.