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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The authors write that the road to decarbonization will involve several technologies working in concert, not the use of only one at the expense of others. -
The sole bidder for the Bahia liquefied natural gas regasification terminal in Brazil was turned away for noncompliance of tender rules.
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Experts from around the world highlight that, while natural gas has an important role to play in the energy transition, it is one that changes from region to region.
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IGU report highlighted pandemic-related delays that kept many international projects from coming on line in 2020.
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The Canadian pipeline operator will also operate the proposed floating LNG project with a planned startup slated for 2027.
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Energy trader Vitol will take 3 mtpa over a 10-year period.
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The new facility is being built in partnership with RusGazDobycha and will become one the largest gas plants in the world.
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The decision follows operator Chevron’s announcement at the end of 2019 to exit the project.
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Rigs will be converted from drilling units to take the place of traditional floating LNG solutions.
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Shell cargo was deemed carbon-neutral because of offsets purchased by the LNG provider from the oil company’s global, nature-based projects.
