Offshore LNG News - page 48


Appetite for technology in ME increases need for intelligent energy law solutions

Mar 11, 2014

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…

CERA14: Rising costs become "new reality"

Mar 04, 2014

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 boosts Tanzanian LNG prospects

Mar 03, 2014

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…

Gazprom, Shell progress on Sakhalin

Feb 24, 2014

Russia-based Gazprom and Shell signed an agreement for the preparation of FEED documents for the production of LNG within the Sakhakin II project off Sakhalin Island, Russia. “We welcome the sequential approach of our partner Gazprom to expanding the LNG plant in the Prigorodnoye settlement…

Sabine Pass can up LNG exports

Feb 20, 2014

Today, the US Federal Energy Regulatory Commission (FERC) approved a request from Sabine Pass Liquefaction LLC and Sabine Pass LNG to increase the maximum peak day liquefied natural gas (LNG) production and export capacity for Trains 1-4 at the Sabine Pass LNG terminal to 2…

Ophir looks to FLNG

Feb 20, 2014

UK-listed explorer Ophir Energy is eying floating LNG to develop its Equatorial Guinea gas fields and has signed a letter of intent with Petrofac to help it draw up a field development plan. Ophir has an 80% interest in Block R, in the south-eastern part of the Niger Delta complex…

Inpex marks Ichthys keel lay

Feb 19, 2014

The INPEX-operated Ichthys LNG Project has celebrated a key milestone for its floating production, storage and offloading (FPSO) facility. The first block of the keel was placed during a ceremony in the Daewoo Shipbuilding & Marine Engineering (DSME) shipyard in Okpo…

Wartsila chosen for LNG conversion

Feb 18, 2014

Totem Ocean Trailer Express has announced that Wärtsilä will supply main engines, generators and integrated LNG storage and fuel gas handling systems (LNGPac(TM)) for the largest LNG conversion ever undertaken in North America. The contract was signed in 4Q 2013…

LNG for Lindi, Tanzania?

Feb 16, 2014

Statoil ASA and BG Group Plc will build Tanzania’s first liquefied natural gas plant in Lindi, according to Tanzania's Minister of Energy and Minerals, Sospeter M. Muhongo, speaking in Oslo on Friday. Muhongo, previously a professor of geology at the University of Dar es Salaam…

Oilfield spending conundrum

Feb 12, 2014

The past few weeks have seen a string of profit warnings and capital spending cutbacks from global oil and gas exploration majors. Should oilfield service companies be worried that the good times are coming to an end?  According to bank and investment company Investec…

Activity OE February

Feb 11, 2014

GE Oil & Gas opens Brazilian logistics base With an area of 590,000sq. ft and investments that exceed US$100 million, GE’s base in Niteroi in the state of Rio de Janeiro was designed primarily to load and unload installer ships. These vessels carry heavy equipment…

Making its mark

Feb 10, 2014

Papua New Guinea is home to the Esso Highlands Ltd.- operated PNG LNG project, the first of its kind in the country’s history. Sarah Parker Musarra provides an update and examines the milestone project’s offshore pipeline. Occupying a small corner of Southeast Asia…

Equus delayed but not dead

Feb 10, 2014

US explorer Hess remains 'confident' that its billion dollar Australian gas project will proceed. The Equus project, Hess Corp.’s planned contribution to Australia’s push for world leadership in liquefied natural gas (LNG) exports, has…

Sevan wins TORP LNG's tech rights

Feb 10, 2014

Sevan Marine ASA has acquired the technology rights of TORP LNG AS and its affiliates. This acquisition gives Sevan Marine ownership of the proprietary HiLoad technology for offshore loading of LNG. The HiLoad technology was originally developed…

Noble Energy releases Leviathan

Feb 06, 2014

Noble Energy, Inc. announced the signing of a non-binding memorandum of understanding (MOU) regarding the sale of interest in the Leviathan licenses, offshore Israel, to Woodside Petroleum. Each of the existing Leviathan partners, Noble Energy…

Current News

Gas Price Windfall Makes Gazprom Patient Over Nord Stream 2 Delay

Carbon Transition in Utsira Multi-Client Seismic Data Deal

'Repeat Customer' Taps Magseis Fairfield for Gulf of Mexico OBN Survey

3i to Assume Full Control Over Danish Offshore Vessel Owner ESVAGT

Subscribe for OE Digital E‑News