Offshore LNG News - page 3

Middle East Conflict Threatens Regional Gas Market, Could Affect Europe's LNG Supplies - Rystad

Oct 19, 2023

The ongoing conflict between Israel and Hamas, the Palestinian militant group, poses a serious threat to the regional natural gas market and could have knock-on effects on Europe’s liquefied natural gas (LNG) supply as winter approaches, Rystad Energy…

Shell's Australian FLNG Facility Poised for Mid-November Restart

Oct 18, 2023

Shell is expected to complete maintenance at its flagship Prelude liquefied natural gas (LNG) facility off Australia by mid-November, two sources close to the project told Reuters on Wednesday.The British energy giant started maintenance work at the 3…

Australia's Woodside Misses Q3 Revenue Estimate, Narrows Full-year Output Forecast

Oct 18, 2023

Australia's Woodside Energy on Wednesday narrowed its annual production forecast range and capital expenditure outlook after posting a lower-than-expected quarterly revenue.The country's top independent oil and gas explorer now expects to produce…

Shell Exits Indonesian Gas Project

Oct 18, 2023

Oil major Shell has sold its 35% stake in Indonesia’s Masela offshore block to PT Pertamina Hulu Energi and Petronas. The sale includes the Abadi gas project. The completion of the sale follows regulatory approval from Indonesia’s Ministry of…

Chevron Australia LNG Unions Agree Deal on Eve of Strikes Resuming

Oct 18, 2023

An Australian union alliance on Wednesday agreed to endorse deals on pay and conditions at Chevron's two liquefied natural gas (LNG) facilities in Australia, ending an impasse that had led workers to threaten renewed strikes this week.The Offshore Alliance…

Cameroon: FLNG Hilli Episeyo Transfers 100th Cargo

Oct 16, 2023

Golar LNG said Monday that its FLNG Hilli Episeyo (“Hilli”) offhshore Cameroon, had successfully offloaded its 100th LNG cargo on Saturday October 14th.'As the world’s first FLNG conversion that also introduced Cameroon as the world’s 20th LNG exporting nation in 2018…

Chevron Australia LNG Unions Stick to Strike Plan Even as Pay Talks Continue

Oct 16, 2023

Unions at Chevron's liquefied natural gas (LNG) facilities in Australia reaffirmed their plan to resume strikes this week as mediated talks continued on Monday, sparking angry comments from the company saying workers were being unreasonable…

Mozambique Offshore Gas Fields Huge Opportunity for Country, Italy PM says

Oct 13, 2023

The gas fields discovered offshore Mozambique represent a huge opportunity for the development of the African country, Italian Prime Minister Giorgia Meloni said during a visit with the head of Italian energy group Eni. Speaking after a meeting with Mozambican President Filipe Nyusi…

Mozambique Attack Survivors File Complaint Against TotalEnergies

Oct 12, 2023

Survivors and relatives of victims of a 2021 insurgent attack in Mozambique have filed a complaint against TotalEnergies for negligence and indirect manslaughter, saying the company had failed to ensure the safety of subcontractors.TotalEnergies rejected the allegations…

Chevron Australia, LNG Unions to Meet for Mediated Talks on Wednesday

Oct 10, 2023

Chevron and unions representing workers at its two Australian liquefied natural gas (LNG) facilities will meet for talks on Wednesday after the oil and gas major asked the industrial arbitrator to help close a deal as workers threaten to restart strikes…

Output Disruption in Israel to Have Limited Impact on Europe Gas prices- Goldman

Oct 10, 2023

Gas production curtailment in Israel due to the ongoing conflict is likely to tighten global balances, but the impact on European gas prices is marginal for now, Goldman Sachs said.'Tightening of global LNG balances as marginal for TTF prices for now…

Gas Prices Rise in Europe on Australia LNG Strikes, Middle East Tension Fears

Oct 09, 2023

Dutch and British wholesale gas prices rose on Monday morning as workers at Chevron liquefied natural gas (LNG) facilities voted to restart strikes, expectations of colder weather, and amid fears of tension in the Middle East region.The Dutch November contract rose by 3…

Chevron Australia LNG Workers Back Strike Threat in Second Meeting, No Talks

Oct 06, 2023

Workers at Chevron's two liquefied natural gas (LNG) facilities in Western Australia voted to restart strikes on Friday, endorsing a similar move by colleagues at a meeting less than 24 hours earlier.Night-shift workers at Chevron's Gorgon and…

Exxon Mobil Finds Buyer for Adriatic LNG Terminal Stake

Oct 04, 2023

Exxon Mobil Corp chose BlackRock as the potential buyer for its majority stake in Italy's main liquefied natural gas (LNG) import terminal, the U.S. oil producer said in a statement.The stake sale drew interest from infrastructure funds and…

QatarEnergy Orders 17 Ultra-Modern LNG Carriers for $3.9 Billion

Sep 27, 2023

Qatari oil and gas company QatarEnergy has ordered 17 'ultra-modern' LNG carriers from South Korea's HD Hyundai Heavy Industries (HHI).The deal, signed at a ceremony in Seoul, is valued at 14.2 billion Qatari Riyals (currently around $3,9 billion)…

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