LNG
ExxonMobil and QatarEnergy’s MoU with Cairo to monetize Cyprus’ offshore Glaucus and Pegasus natural gas supports Egypt’s strategy to become the Eastern Mediterranean’s leading gas processing and LNG export hub.
Analysis from Wood Mackenzie warns that a prolonged closure of the critical waterway would have lasting effects on the global economy and Middle East supply capacity.
Caturus Energy’s platform integrates upstream assets from the Haynesville and East Texas basins with downstream liquefaction and export terminal facilities on Louisiana’s Gulf Coast.
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With the new contract, the goal is to roll into front-end engineering and design later this year, with vessel construction expected to commence in mid-2024. -
Duo jointly purchases a pair of undeveloped gas condensate fields off Western Australia from PTTEP.
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Louisiana-based Commonwealth LNG project takes two steps forward with Baker Hughes order and Kimmeridge investment.
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New Fortress Energy has installed the first of three jackup-based LNG units at the Altamira site.
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Equinor-led project would add gas compression and electrification to the Hammerfest LNG plant.
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The construction of the Calcasieu Pass 2 liquefied natural gas facilities in Cameron Parish is scheduled to start this year.
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New Fortress Energy said its newly converted jackup facility has sailed for waters offshore Mexico where it plans to produce 1.4 mtpa of LNG.
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OMV’s discovery of a domestic gas resource coincides with its agreement to import LNG from BP to be regasified in Rotterdam, as Austria knits together a strategy to ensure its energy security.
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The US accounted for 75% of global growth in LNG liquefaction capacity last year as Europe’s worldwide imports jumped 66%, according to the International Gas Union.
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The $18.4 billion in project financing pledged to Rio Grande LNG represents the largest greenfield energy project financing commitment in US history.
