LNG
ExxonMobil and its Area 4 partners have awarded $1.1 billion in pre-investment contracts for long-lead upstream equipment supporting Mozambique's Rovuma LNG project. The awards, led by OneSubsea, mark a key step toward FID as development advances on ExxonMobil's largest global investment.
The sale of Woodside’s Calypso stake to BP completes the company’s withdrawal from Trinidad and Tobago after decades of operations in the country.
ExxonMobil’s Letter of Intent to begin preliminary engineering and procurement work for Mozambique’s Rovuma LNG project bridges the development to a final EPC contract, which Area 4 partners are expected to award following an FID anticipated by year-end 2026.
-
Russia’s proposed Power of Siberia 2 gas pipeline would enable gas historically exported to Europe to be redirected to China along a single pipeline system that joins the country’s West and East Siberian resource centers.
-
Renewed interest in, and high-level discussions regarding, the expansion in necessary natural gas infrastructure, the growth in energy consumption, and the expansion of liquefied natural gas business are all strong indicators for technical improvements in the handling and processing of natural gas in this new phase of the energy economy.
-
The authors of this paper discuss Saudi Arabia’s progress in gas flaring, the measures the government has taken, and how operators have adapted.
-
The authors of this paper describe an initiative taken to measure baseline data for methane emission for gas-processing facilities and gas-transmission and regasification units by using accurate tools and methodologies for detection and quantification.
-
A series of new liquefaction projects along the US Gulf Coast is cutting through industry headwinds and moving toward final investment decisions.
-
The $1.8-billion project will add crucial gas supplies to fuel Trinidad and Tobago's LNG export capabilities.
-
The contract was awarded by Bechtel to Baker Hughes for project's key liquefaction systems.
-
With mobilization in China normalizing, new Wood Mackenzie analysis expects the country to account for almost 40% of global growth in oil demand this year.
-
Port Arthur LNG is expected to handle 13 mtpa of liquefied natural gas, with first LNG cargoes expected in 2027.
-
Plaquemines Phase 2 is the first project to take FID in 2023 and is expected to be the next new LNG capacity in North America.