Onshore/Offshore Facilities
BW Opal FPSO has capacity for 850 MMcf/D of gas, which will be treated and sent on to the Darwin LNG facility, and 11,000 B/D of condensate, which will transferred via tanker.
Marine contractor also approves the construction of a new heavy-transport ship.
Nitzana will enable Israel to double gas exports to Egypt from the giant Leviathan gas field in the Eastern Mediterranean.
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The unit is flowing oil and gas from the Lula Extremo Sul area, 290 km off Rio de Janeiro state in 2150 m of water.
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Canadian agencies will begin establishing the scope of environmental assessment of the project, which is scheduled to start up in 2024.
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Despite the uncertainty spawned by China’s recent decision to levy tariffs on US LNG imports, AGDC said it is still targeting a sale and purchase agreement with Chinese companies by the end of this year.
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After years of near-misses, a Shell-led partnership is building the first liquefied natural gas export facility in Canada. It creates a much-needed export market for producers facing a gas glut, but more is needed.
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Despite a trend toward renewables and low-carbon energy production among European majors, Total remains wholeheartedly committed to deepwater production.
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Industry analysts fear bad news for producers, as Chinese demand is expected to be a significant driver in new LNG production. China accounted for 15% of US LNG exports in 2017.
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The contract calls for Vitol to purchase 700,000 tonnes annually over a 15-year period, providing some optimism for companies hoping to secure similar long-term deals.
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The construction of an LNG regasification terminal in Tema, Ghana, in addition to the first delivery of gas from the offshore Sankofa field in August, is decreasing the country’s reliance on liquid fuels and imports. About 80% of its power generation requirements will be met with gas.
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The ceremonial event took place at Geoje Island, South Korea. Startup of LNG production in offshore Mozambique’s Area 4 is expected in 2022.
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Gas is forecast to overtake oil as the world’s primary energy source in 2026. LNG, with capacity expected to double by the late 2040s, will connect the shifting sources of gas with changing demand centers.