LNG
The plan calls for developing a gas field, CCUS, and onshore compression, with first production expected in 2028.
Contract awards for EPC on shore-based liquification facilities and FEED for upstream offshore infrastructure in Mozambique’s ExxonMobil–Eni project bodes well for an East African LNG hub.
By adding this latest EPCI contract for pipelines and cables to earlier awards, McDermott is now responsible for all offshore infrastructure associated with Qatar's massive North Field Expansion.
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Finland will operate the FSRU jointly with Estonia as part of an emerging LNG hub in the Baltic Sea region. -
Tanker transit statistics via the Suez Canal broke historic records in April as Europe sought to import more crude oil and LNG from the Arab Gulf to replace traditional supplies from Russia.
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Zachry Industrial highlights the benefits of using advanced modeling to plan the construction to update the $10 billion Golden Pass LNG from an import terminal to an import/export terminal, connecting thousands of project participants during COVID-19 lockdowns.
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Sempra Infrastructure and Poland’s state-owned PGNiG oil and gas company have signed a deal that is expected to result in the export of 3 mtpa of LNG to Poland from Louisiana and Texas.
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The deal also includes a second, lump-sum contract to expand sulfur-handling, storage, and loading facilities.
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An ExxonMobil Asian affiliate will take LNG from Venture Global’s Plaquemines and CP2 facilities currently under construction.
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H&P pumps $33 million into LNG firm Galileo Technologies, supporting technology focused on decarbonization of the energy supply chain.
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As Europe’s second-largest LNG hub after Spain, the UK promises to play a near-term role as an “energy bridge” to ease the EU’s dependence on Russian energy, given that the UK can ship regasified product directly to the continent via subsea pipeline.
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Forecast increased demand for natural gas globally will keep new US liquefaction projects and additional proposals moving forward.
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The price of natural gas always drops when winter weather ends, but maybe not this year.
