Woodside Energy has axed its plans to purchase a sizeable stake in Israel’s Leviathan gas project, terminating its February memorandum of understanding (MOU) with the joint venture participants, the Australian company announced 20 May. This…
JSC Yamal LNG awarded Technip a major engineering, procurement and construction for the 16 mtpa-capacity Yamal LNG project in Russia, the French company announced 15 May 2014. Technip said it has been involved in planning, engineering and…
INPEX and Shell are investing in a project to construct a subsea optical fiber cable system incorporating the Ichthys and Prelude projects in Australia's Browse basin. The subsea fiber optic cable system, to be provided and operated by Nextgen Group…
Kongsberg Maritime provides this video on how its maritime solutions enable staff to control the GDF Suez Neptune LNG carrier. The DNV-classed Neptune, managed by Höegh LNG Fleet Management AS, was built by Samsung Heavy Industries and delivered to GDF Suez 3Q 2009…
Höegh LNG Holdings Ltd. has signed a letter of intent (LOI) with Egyptian Natural Gas Holding Co. (Egas) for the use of one of Höegh's floating storage and regasification units (FSRUs) – currently under construction at Hyundai Heavy Industries…
ABS has been awarded the classification contract from Petronas for the company's second floating LNG facility (PFLNG 2). The vessel will be built at the Samsung Heavy Industries yard in Geoje, Korea. ABS has a history working with floating gas concepts…
The US Department of Energy (DOE) has granted ConocoPhillips Alaska Natural Gas Corp. (CPANGC) blanket authorization to export liquefied natural gas (LNG) from its facility at Nikiski, about 70 miles southwest of Anchorage, on the Kenai Peninsula…
A US Subcommittee on Energy and Power approved new legislation aimed at speeding up the approvals process for US liquefied natural gas (LNG) export applications, the committee announced on 9 April 2014. Bill H.R. 6, also called the Domestic Prosperity and Global Freedom Act…
Malaysia's Petroliam Nasional Berhad (Petronas) announced that it has launched the hull of its first floating LNG (PFLNG SATU) facility at the Daewoo Shipbuilding & Marine Engineering (DSME) shipyard in Okpo, South Korea. The facility…
INPEX has marked the first dry dock hull block erection on the Ichthys LNG project central processing facility (CPF) at a ribbon-cutting ceremony at Samsung Heavy Industries’ (SHI) shipyard in Geoje, South Korea. With 150m x 110m topside dimensions…
US Senator Mary L. Landrieu, D-La., chair of the Senate Committee on Energy and Natural Resources, held a hearing on how increasing exports of LNG will create thousands of high-paying jobs and support U.S. allies abroad. The hearing, entitled “Importing Energy…
Woodside Energy’s bid to join the offshore Israel Leviathan gas field consortium has missed an agreed deadline, the firm has said. Australia-based Woodside and the offshore Israel Leviathan project joint venture partners missed a target…
The oil and gas industry is experiencing an increasing demand for advanced technology and expertise in the Middle East at a time when the sector as a whole is changing its approach to acquiring, transferring, and protecting its intellectual capital…
During his keynote address at IHS CERAweek, Chevron Chairman and CEO, John Watson (pictured), addressed the challenges and changes in the industry, noting the effects of rising costs on the industry’s success. With labor and cost doubling over the past decade…
Statoil and co-venturer ExxonMobil have carried out a successful first drill stem test on their Tanzania Block 2 offshore discovery Zafarani-2. The data acquired will help reduce technical uncertainties in a possible future Tanzania offshore and LNG development…