LNG
After tracking ARC Resources for more than 2 years, Shell is buying the company to access its tier-one Montney assets.
War‑related infrastructure damage is beginning to influence global energy supply chains in ways that could reshape project development and capacity growth.
The global oil and gas industry is reimagining natural gas processing and handling in response to environmental pressures, economic realities, and technological opportunities. The predominant narrative is one of transition.
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The US Department of Energy has extended export terms for seven long-term LNG licenses until 2050. The extension affects projects currently under construction or pending the start of construction. -
China independent distributor Jiasheng Gas Co. is set to build a $380-million LNG storage and receiving facility in east China, as the country opens up to more private participation and investments surge in LNG import terminals.
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Shale-based associated gas production is behind the phenomenon. When oil prices do not support production, associated natural gas production also stops, with little to no consideration of natural gas prices.
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The agreement takes 80% of Santos’ share of expected gas from Barossa annually for 10 years.
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ECA LNG will connect natural gas supply from Texas and the western US to Mexico and other countries across the Pacific Basin. First production from the project is expected in late 2024.
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The agreements place most of the LNG volumes through Q1 2022 and continue ADNOC’s expansion into new LNG export markets.
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Modules for the FPSO will travel to Singapore for integration. The FPSO will be located offshore Mexico, with first oil production planned for 2021.
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The charter agreement for the LNG-propulsion vessels is in line with Total’s Climate Ambition and will cut down on several emissions.
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Engie’s delayed supply contract with NextDecade’s Rio Grande LNG project is for 20 years. FID on the project is expected in 2021.
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Cyberhawk will provide drone inspection, surveying, data visualization services, and inspection reports.
