LNG
Shell has reached FID on LNG Canada Phase 2, a major expansion that will double the Kitimat facility’s LNG export capacity to 28 mtpa and strengthen long-term supply to growing Asian markets.
Increased capacity from new terminals and expansions drove up exports of liquefied natural gas at the quickest rate since 2016.
While discussions on the commercial terms for gas sales continue, the release of the jackup rig intended to drill production wells calls into question Shell’s plans for first gas in 2027.
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The construction of the Calcasieu Pass 2 liquefied natural gas facilities in Cameron Parish is scheduled to start this year. -
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.
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McDermott’s latest EPCI contract on Qatar’s North Field expansion focuses on subsea cabling and offshore/onshore pipelines to be fabricated locally.
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The contract calls for Baker Hughes to supply equipment for three liquefaction trains for the project located in Brownsville, Texas.
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The deal is expected to support the liquefied natural gas exporter’s Sabine Pass liquefaction expansion project.
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The deal is expected to support the liquefied natural gas exporter’s Sabine Pass liquefaction expansion project.
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The construction of the Calcasieu Pass 2 liquefied natural gas facilities in Cameron Parish is scheduled to start this year.
