Offshore LNG News - page 12

 

How Would a Strike at Australian LNG Facilities Affect Gas Markets?

Aug 11, 2023

Chevron and Woodside Energy Group said on Thursday they are holding talks with unions to avert strikes at Australian liquefied natural gas (LNG) facilities that together account for around 10% of global production.Concerns over industrial action…

Petroecuador Launches Auction to Boost Offshore Gas Field Output

Aug 10, 2023

Ecuadorean state oil company Petroecuador is seeking more than $173 million in private investment for a key natural gas field via an auction announced on Wednesday, part of a push to increase production in the Andean country.The government of…

Chevron, Woodside in Talks to Avert Strikes in Australia

Aug 10, 2023

Chevron and Woodside Energy Group said on Thursday they are holding talks with unions to avert threatened strikes at gas facilities that together supply about 10% of the global LNG market.Concerns over potential industrial action at three Australian LNG operations - North West Shelf…

Norway Approves Connection of Western Europe's Largest LNG Plant to Grid

Aug 08, 2023

Norway has approved a plan to connect Equinor's EQNR.OL Hammerfest liquefied natural gas (LNG) plant to the national power grid in a bid to cut greenhouse gas emissions, despite local opposition, the government said on Tuesday.The plan includes shutting down a gas power plant…

India's GAIL Close to Finalizing Qatar LNG Purchase Deal

Aug 03, 2023

GAIL (India) Ltd is close to finalizing a long-term liquefied natural gas (LNG) import deal with Qatar to buy at least 1 million metric tons per year, potentially for more than 20 years, three industry and trade sources said.The deal would be…

Harsh Weather Offshore LNG Terminal Firm Crown to Merge with Catcha

Aug 03, 2023

Crown LNG Holdings AS, a provider of LNG liquefaction and regasification terminal technologies for harsh weather locations, has agreed to merge with Catcha Investment Corp, a publicly traded special purpose acquisition company, that would result in Crown becoming a U…

Italy's Saipem Sees Progress Towards Resuming Mozambique LNG Pproject

Jul 27, 2023

Italian energy services group Saipem on Thursday said efforts to restart a multi-billion-euro LNG project in Mozambique for TotalEnergies were underway but refrained from giving a precise timeline.The project, which would be the first onshore development of a LNG plant in the African country…

Tuscan FSRU to be Moved Offshore by 2026

Jul 19, 2023

A liquefied natural gas (LNG) vessel moored in the Tuscan port of Piombino will be moved off the coast of Vado Ligure and Savona in Italy's northwestern region of Liguria, the president of Liguria said on Tuesday.Italian gas grid operator Snam…

Engie, Svanehøj Team Up to Make LNG Storage on FSRUs Safer

Jul 07, 2023

Svanehøj and energy researchers at Engie Lab Crigen have joined forces to develop more effective safety measures regarding LNG storage on FSRU.According to Svanehøj , stratifications and roll-overs pose significant safety risks when natural gas is liquified and stored in a cryogenic state…

Thailand's PTT in Advanced Talks with Qatar for LNG Deal - Sources

Jul 07, 2023

Thailand's largest energy company, state-controlled PTT, is in advanced talks with Qatar for a 15-year liquefied natural gas (LNG) supply deal, four trading sources told Reuters.The oil and gas conglomerate is negotiating a supply of 1 or 2 million tonnes per annum (mtpa)…

Eni to Offload Non-Core Permits in Republic of Congo for $300M

Jun 27, 2023

Italian oil and gas giant Eni said Tuesday it had signed a deal to sell to Perenco its participation interest in several non-core permits in the Republic of Congo.'The transaction value is approximately $300 million, including firm and contingent consideration…

Petronas' Domestic Oil and Gas Production Expected to Peak at 2 Million Barrels per Day by 2024

Jun 27, 2023

Malaysia's state energy firm Petronas sees its domestic oil and gas production peaking at about 2 million barrels of oil equivalent per day (boepd) by 2024, its exploration executives said on Tuesday.About 60-70% of its production is natural gas and will remain so going forward…

Wison’s FLNG FEED Design Earns AIP from ABS

Jun 26, 2023

Classification society ABS announced it has granted approval In principle (AIP) to Wison Offshore and Marine’s (WOM) Extended FEED on its standardized 3.5 MTPA floating liquefied natural gas (FLNG) design.WOM has said the standardized design…

Pertamina, Petronas Aim to Replace Shell in Masela Project, Indonesia Minister says

Jun 26, 2023

State energy firms Pertamina and Petronas plan to jointly take over Shell's participating interest in Indonesia's Masela gas project, the Indonesian energy minister said on Monday.Shell has been seeking to divest its 35% share in Masela and…

Qatar Strikes Second Big LNG Supply Deal with China

Jun 20, 2023

Qatar on Tuesday secured its second large gas supply deal with a Chinese state-controlled company in less than a year, putting Asia clearly ahead in the race to secure gas supplies from Doha's massive production expansion project.China National…

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