Stolt-Nielsen and Golar LNG jointly announced the formation of a 50/50 joint venture to pursue opportunities in small-scale LNG production and distribution. Stolt-Nielsen has made a strategic investment in Golar LNG through open-market purchases…
BG Group completed the sale of its wholly-owned 543km pipeline network linking natural gas fields and the Queensland Curtis Liquefied Natural Gas (QCLNG) export facility to APA Group. This transaction has resulted in gross proceeds for BG Group of around US$4…
Höegh LNG Holdings announced that the company has ordered its floating storage and regasification unit, FSRU#8, at Hyundai Heavy Industries (HHI) in South Korea. FSRU#8 is designed to the highest specifications, has full trading capability…
Atlas Knowledge has been awarded a contract by INPEX to provide training for production workers involved in the US$34 billion Ichthys LNG project. The INPEX-operated project includes some of the world’s largest offshore facilities off the coast of Western Australia…
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…
Elaine Maslin takes a look at Fincantieri’s latest ultra deepwater drillship design – Proxima, sporting twin cylindrical drill towers and two moonpools. Fincantieri’s Proxima drillship design…
Höegh LNG Holdings has signed an FSRU contract with Octopus LNG for the Penco-Lirquén LNG import terminal to be located in Concepción Bay, Chile. The contract is for a period of 20 years and is expected to generate an average annual EBITDA of around US$36 million…
BG Group announced that operational control of Train 1 at its Queensland Curtis LNG plant has been formally transferred to QGC, BG Group's Australian subsidiary, from Bechtel Australia, which constructed the facility. QCLNG…
Anadarko’s offshore Mozambique Offshore Area 1 development has taken a step closer with the signing of contractors for the onshore LNG terminal. A consortium consisting of CB&I, Chiyoda Corp. and Saipem were picked following a front end engineering and design (FEED) tender process…
Mooring installation has gun at Inpex's Ichthys field in Australia's Browse Basin, the company announced on 8 May 2015. The first of 49 foundation piles was safely deployed and driven into the seabed on Wednesday, 6 May 2015, in 250m water depth…
Ghana is an emerging oil and gas producing country with “enormous potential,” says Alex Mould, chief executive of Ghana National Petroleum Corp. (GNPC). “We are looking for joint ventures and strategic alliances.” Mould made his comments at the recently held Offshore Technology Conference…
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…
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…
The sudden drop in oil prices is different from cycles in the recent past, said Rex Tillerson, chairman and chief executive of ExxonMobil, during his Tuesday morning keynote speech and discussion at the recently held CERAWeek. This event has been created due to oversupply…
2015 may well be remembered as the year when natural gas truly announced itself as the major energy fuel source. With the announcement that Shell is targeting a US$70 billion deal for BG Group, and in doing so increasing their current LNG capacity to around 33 million tons per annum…
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