Onshore/Offshore Facilities
The planned facility was designed to process 34 MMcf/D of associated gas into fully refined gasoline.
The awards build on Tenaris’ role in earlier phases of the ultradeepwater Black Sea project.
Suspended by force majeure since the spring of 2021, work on the Mozambique LNG project has restarted with over 4,000 workers now engaged onshore and offshore to meet a 2029 deadline for first LNG.
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Despite a trend toward renewables and low-carbon energy production among European majors, Total remains wholeheartedly committed to deepwater production. -
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.
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The data collected via monitoring and metering applications are increasingly viewed as central to assessing production performance and in decision making to optimize field development and operations.
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Qatargas will provide 3.4 mtpa of LNG to China. PetroChina signed a 22-year agreement with the world's largest LNG-producing company.
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Lobbyists representing US manufacturing and chemical companies are urging Congress to secure natural gas pipelines against physical attacks and cyberattacks.
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What do 60,000 sensors on 1,200 pieces of equipment add up to? Hopefully, hundreds of millions of dollars in savings.
