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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Global trade for LNG is projected to rise by 50% by 2020. There is a clear acceleration in demand for small- and medium-scale LNG, necessitating splitting of LNG into smaller load parcels. Transfer methods applicable to deeper water, smaller LNG carriers, and harsh environments are critical. -
Petronas cancels plans for the development of the Pacific Northwest LNG project in British Columbia intended to take away natural gas from the Montney formation for shipping to Asian countries. Low LNG prices strike a blow to the feasibility of the project.
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Cost and delivery of long-distance natural gas pipelines to a distant liquefaction facility at a warm-water port has become excessive, and environmental restraints have been increasing. An alternative is an offshore ice-resistant LNG port accommodating a new class of LNG transport vessels.
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One of the world’s leading energy watchers says the second shale revolution will come in the form of LNG exports.
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The Prelude FLNG begins the 3,600-mile journey from South Korea to northwest Australia; expected to remain at final destination for 20–25 years.
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Eni finalized a USD 7-billion investment in the Coral South FLNG project, the first offshore development in Mozambique. Service and equipment providers are announcing their awarded contracts.
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Natural gas had a bullish year in 2016 as the average Henry Hub spot price jumped from USD 2.28/million Btu in January to USD 3.59/million Btu in December, according to the Energy Information Administration. It also positively forecast that the gas price will rise to USD 3.67/million Btu in 2017.
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This paper discusses the objectives of the Fiber-Optic Leak-Detection (FOLD) project, carried out in Verneuil-en-Halatte, France.
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A new steel plate for LNG storage tanks has been developed by optimizing chemical composition and applying recent thermomechanical-control-process (TMCP) technology.
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This paper describes a split-process FLNG design where primary production and gas-treatment functions are provided on a host platform while liquefaction occurs on a separate vessel.
