Analysts at Douglas Westwood say despite a current pause in commitments to new projects, the capital expenditure (capex) for Floating LNG (FLNG) vessels is expected to amount to US$35.5 billion over 2015-2021. Spending on floating, storage…
Keppel Shipyard has signed its third contract with Golar LNG worth approximately US$684 million for a floating LNG conversion. Keppel Shipyard will convert Golar’s Moss type LNG carrier, the Gandria, into a Golar Floating LNG (GoFLNG) facility…
Two consortia of oil services companies have been selected to compete for an EPIC contract on Africa's first floating LNG project through two front end engineering and design contracts. The move will pitch McDermott Marine Construction…
OneSubsea has won a front-end engineering and design (FEED) contract on the Browse FLNG development offshore Australia. Browse FLNG development concept is based on three FLNG facilities utilizing Shell’s FLNG technology and Woodside’s expertise to commercialize the Brecknock…
Drydocks World the leading provider of maritime and offshore services to the shipping, oil, gas and energy sectors marked a major milestone in successfully completing the world’s largest turret mooring system. At almost 100m-high, weighing more than 11…
Technip Samsung Consortium has been named as the front-end engineering contract for the Browse floating liquefied natural gas (FLNG) project in Australia, operated by Woodside. The Browse project will comprise three FLNG units, used to develop the Brecknock…
Golar LNG, national oil firm Societe Nationale de Hydrocarbures (SNH) and French independent Perenco have agreed the commercial terms for the Africa's first floating LNG (FLNG) project. The project will be the first FLNG export project…
After postponing a final investment decision due to the low oil prices last December, Australian operator Woodside Petroleum has announced it will press forward into the FEED phase for its long-struggling Browse LNG mega project. The…
The Commonwealth Western Australia Offshore Petroleum Joint Authority and the WA Minister for Mines and Petroleum offered Woodside Energy petroleum retention lease offers for WA-28-R, WA-29- R, WA-30-R, WA-31-R, WA-32-R, TR/5 and R2, in which the company has 30 days to accept…
The global capital spending on newbuild and converted floating production storage and offloading (FPSO) vessels could reach US$8.65 billion this year, according to consultancy firm Visiongain. The largest spend will be focused on offshore…
Statoil and ExxonMobil are seeking ways to develop the multi-trillion cubic feet of gas resources they have found in Block 2 offshore Tanzania. Elaine Maslin takes a look. If you speak Swahili…
Norwegian classification and verification outfit DNV GL unveiled an unmanned floating LNG concept, which it thinks could unlock the potential of remote offshore gas fields. DNV GL's Solitude concept…
Delfin LNG submitted an application to construct, own and operate the Delfin LNG project (Port Delfin) in the Gulf of Mexico (GoM) under the Deepwater Port Act (DWPA). Map from Delfin. The…
During market downturns, collaboration across industry is critical in order to share best practice Lloyd’s Register Energy has spent this week at the Offshore Technology Conference (OTC) 2015 in Texas challenging oil and gas companies to re-think their approach to safety…
This year, Pakistan, Egypt, Jordan and Uruguay plan to begin importing natural gas via floating storage and regasification unit (FSRU) vessels. The vessels are a solution to the challenge of importing liquefied natural gas (LNG) into areas…