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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Strong demand for natural gas is driving a recovery in liquefied natural gas (LNG) expenditures worldwide, with expenditures expected to reach USD 228 billion in the next five years. -
Kuwait Oil Company started free gas production from its Jurassic sour-gas field in May 2008 with the commissioning of Early Production Facility (EPF) 50.
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Monetizing offshore gas by compressing and shipping it in floating compressed-natural-gas (FCNG) carriers is simpler and, in most cases, less expensive than liquefying and shipping it in floating liquefied-natural-gas (FLNG) carriers.
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During natural gas liquefaction, CO2 must be removed to prevent icing and plugging in the system. The CO2-removal system may be the most important part of the gas-treatment system.
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On the 201st anniversary of the founding of the first commercial gas operation, the Gas, Light and Coke Company (later British Gas), the future for natural gas has never looked better.
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Increasing gas demand and the requirement for short-term to medium-term import solutions have led to rapid growth in the floating regasification sector in recent years.
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From 2006 to 2010, much of the liquefied natural gas (LNG) export construction activity occurred in the Middle East, in particular Qatar.
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