LNG
With a strong presence across US shale in the Bakken, Anadarko Basin, Powder River Basin, and the Permian, Continental Resources is expanding into Argentina’s Vaca Muerta shale as the privately held E&P giant pursues international growth.
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.
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The drop in gas prices, although greater than forecast, will not be to the same extent as oil prices. -
In 2019, the US experienced the lowest natural gas prices since 2016. This was despite natural gas consumption increasing in the residential and commercial sector by 2% (between October and December) according to the US Energy Information Administration.
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This paper analyzes the risk of hydrate formation and blockage, aiming at various gas/liquid flow patterns and considering the phase distribution and interface distribution characteristics of different flow patterns.
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The complete paper analyzes the role of liquefied natural gas (LNG) in balancing the natural gas demand in the Middle East/North Africa (MENA) region.
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Energy Transfer will look at taking on new partners and possibly reducing the size of the Lake Charles LNG project.
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Several companies have provided updates on their North American LNG projects, including Pembina, LNG Canada, and Sempra. The outlooks vary from plans to move ahead to others seeking money to stay afloat.
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LNG project in Mexico moves closer to FID in 2021.
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Initial production at Freeport LNG Train 3 is expected in the first quarter. The project’s final commissioning stage included feed gas.
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The Alaska LNG project moves another step closer to a final order, expected in June.
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This is the second EPC contract Bechtel signed for Port Arthur LNG. Final investment decision is expected this year.
