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.
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Yamal LNG Resource, a subsidiary of Russia’s Novatek, has won exploration and production licenses to expand its Arctic resource base for sustained long-term growth of its LNG business. -
Polish oil company will take an additional 2 mtpa for 20 years.
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Russia is pouring investment into liquefied natural gas projects as it seeks to leverage the world’s largest natural gas reserves together with the logistical advantages of delivering it at a competitive price to Asia and Europe along the now-navigable Northern Sea Route.
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The authors write of an efficiency-optimization effort in the planning and construction of a West African breakwater for LNG service that resulted in increased financial and environmental benefits.
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Environmental permit will allow work on the $12-billion project to begin on site.
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This paper compares project economics of floating liquefied natural gas, onshore liquefied natural gas, and gas-to-wire processes.
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Shell signs on to take LNG from the planned Louisiana plant.
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The US remained Europe’s biggest supplier of LNG in Q1 2021, a position it has held since mid-2019 when competition with Russia began to heat up.
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The LNG carbon-credit plan is just part of the operator’s overall ambition to be a net-zero company by 2050 or sooner.
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The latest move by Tellurian signifies a business model change from a financial partnership with LNG users to sales to traders.
