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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Small- and medium-scale liquefied natural gas (LNG) is different from conventional LNG in trading distances, target markets, and application areas. Small- and medium-scale LNG may better coordinate needs between regional gas producers and consumers.
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Among the top 10 largest discoveries in 2013, half of them are natural-gas discoveries and all of them are in offshore environments, primarily in Africa, Far East Asia, and transcontinental countries, with estimated resources of more than 4,000 million BOE.
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There are already many floating liquefied-natural-gas (LNG) receiving terminals operating successfully in the world. The economics of floating LNG (FLNG) is compelling. Major cost savings can be achieved by the streamlining allowed by FLNG processes.
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Growing world demand for natural gas will drive increases in capital expenditures on LNG through 2019.
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Roughly one-half of global gas reserves are considered stranded gas--uneconomical because of the remote location of potential markets, lack of economic transportation and infrastructure, or the lack of conversion technology. An FPSO with gas to liquids conversion is an option for stranded gas.
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LNG will increasingly be the way to bring stranded gas to market so that it can meet demands for clean-burning fuels. LNG basics for engineers was the subject of a recent webinar presentation.
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The paper assesses the technology implications of migrating LNG floating production, storage, and offloading (FPSO) concepts to inshore service.
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A rigorous modeling approach is developed for effective management and inventory analysis of natural-gas storage in underground salt caverns.
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This paper describes Saudi Aramco’s efforts to eliminate early foaming incidents during the commissioning stage of the Karan nonassociated (NA) sour-gas field.
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In the next 20 years, there will be a large increase in global natural-gas demand, with an average growth rate of more than 1.8% per year. The top two leading countries in rising gas demand are China (7% per year) and India (4.7% per year).