Development Plan for Rovuma LNG Phase 1 Submitted to Mozambique Government
Mozambique Rovuma Venture submitted the development plan for the first phase of the project, which will produce, liquefy, and market natural gas from the Mamba fields located in the Area 4 block offshore Mozambique. An FID is scheduled next year, with production expected to begin in 2024.
Oil and Gas Projects Worth $110 Billion are Coming Off the Back Burner
The oil and gas industry has vastly accelerated the pace of approving investments for new projects over the past 18 months. New facilities worth more than $110 billion have been approved for development since the beginning of 2017 vs. only $50 billion in 2016.
Alaska LNG Project Seeks Investors
The Alaska Gasline Development Corp., a state-owned corporation, is preparing an equity offering for this summer for its $43-billion LNG project. BP agreed to sell natural gas from Prudhoe Bay for export to Asia-Pacific.
Investigation Begins of Leak at Hammerfest LNG
The Petroleum Safety Authority Norway launched an investigation into an LNG leak at the Hammerfest LNG plant on 17 June.
Growth in Global LNG Trade Continues To Rise
A new report from GIIGNL shows increased liquefaction capacity in Australia and the US as the key drivers in LNG supply growth, while Asia has been the leader in global LNG import growth.
Cheniere Seeks Permit To Feed Gas To Corpus Christi LNG Train
Cheniere Energy requested issuance of the feedstock permit from FERC by 29 June. The FID for Train 3, estimated at approximately $3 billion, was announced last month. Bechtel got the green light to proceed with EPC work, subcontracting with BHGE for the gas turbines to drive compressors.
US LNG Facilities: A Closer Look
The US is expected to add more than 6 Bcf/D in liquefaction capacity over the next 3 years thanks to a slew of new facilities expected to be commissioned. This database shows the facilities currently producing and those that are scheduled to start up.
Financing FLNG Facilities—What Lies Ahead?
Although the FLNG concept has been around for decades, only three units are in the water and operational or under commissioning as of 2018. As the mitigation of technological risks is demonstrated, commercial risks become the focal point and the challenge to financing the capital-intensive projects.
First Cargo Confirmed for Yamal LNG Plant
TechnipFMC confirms the December shipment of LNG from its new facility in northern Russia, one of the largest integrated LNG projects in the world.
2018 Global Natural Gas Outlook
Natural gas is the only fossil fuel that will maintain its share in the energy mix of the coming decades, mainly supported by policies to reduce air pollution and greenhouse gas emissions.
US LNG Exports Expected To Increase as New Facilities Come On Line
The US Energy Information Administration reports that increased liquefaction and utilization from new facilities has led to a jump in LNG exports in 2017.
Getting Ahead of the Curve—Front-End Loading HSE in Major Projects
A proactive approach with EPC contract bidders to front-end load HSE strategies will pay dividends. This paper discusses the HSE management strategy for the Lake Charles Liquefied Natural Gas project.
Cryogenic Hose Technology: Transfer Solutions Keep Pace with the March of LNG
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 Nixes the Pacific Northwest LNG Megaproject
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.
Concept for Ice-Resistant Offshore Terminal for Arctic LNG Export
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.
Taking on the Arctic With New Concepts
New approaches to arctic activities include a concept for an offshore ice-resistant LNG export terminal, the design of subsea pipelines, and the optimal routing for the pipelines to mitigate the unique risks in arctic regions such as ice-gouging and permafrost thaw.
LNG Capital Expenditure To Total USD 259 Billion in the Next 5 Years
Growing world demand for natural gas will drive increases in capital expenditures on LNG through 2019.
Will LNG Plants Meet a Growing Demand for Clean Energy?
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.
Overseas E&C Firms Shake Up North American Market
A wide variety of factors have drawn foreign engineering and construction (E&C) firms to North America, and their presence has changed the dynamics of bidding on projects over the past few years, a panel of experts said recently.
Global Capital Expenditure on LNG Facilities Continues Upward Trend From 2013 to 2017
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.
Significant Growth Forecast for Capital Expenditure in Floating Liquefied Natural Gas
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.
Pacific Basin Activity To Drive LNG Import and Export
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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03 July 2018
25 June 2018