LNG
Increased capacity from new terminals and expansions drove up exports of liquefied natural gas at the quickest rate since 2016.
While discussions on the commercial terms for gas sales continue, the release of the jackup rig intended to drill production wells calls into question Shell’s plans for first gas in 2027.
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.
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A longer-than-expected repair period following the 8 June explosion could strand 2 Bcf/D of natural gas in the US. -
Tanzania has signed an LNG framework agreement to reboot a plan to build an LNG export terminal on the Indian Ocean.
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The new, larger vessels are all part of the UAE’s ambitious LNG expansion plans, which also include a new plant in Fujairah.
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Finland will operate the FSRU jointly with Estonia as part of an emerging LNG hub in the Baltic Sea region.
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Tanker transit statistics via the Suez Canal broke historic records in April as Europe sought to import more crude oil and LNG from the Arab Gulf to replace traditional supplies from Russia.
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Zachry Industrial highlights the benefits of using advanced modeling to plan the construction to update the $10 billion Golden Pass LNG from an import terminal to an import/export terminal, connecting thousands of project participants during COVID-19 lockdowns.
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Sempra Infrastructure and Poland’s state-owned PGNiG oil and gas company have signed a deal that is expected to result in the export of 3 mtpa of LNG to Poland from Louisiana and Texas.
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The deal also includes a second, lump-sum contract to expand sulfur-handling, storage, and loading facilities.
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An ExxonMobil Asian affiliate will take LNG from Venture Global’s Plaquemines and CP2 facilities currently under construction.
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H&P pumps $33 million into LNG firm Galileo Technologies, supporting technology focused on decarbonization of the energy supply chain.
