Ophir Energy has cut its planned development cost and signed a heads of agreements for LNG offtake from its Fortuna FLNG project offshore Equatorial Guinea. Gross capital costs on the project - due to be Africa's first floating LNG project…
Xodus Group has won a project to a deliver a suite of more than 40 offshore operating manuals for the Ichthys LNG project operated by INPEX off the coast of Western Australia. The Ichthys field was the largest discovery of hydrocarbon liquids in Australia for 40 years…
Anadarko and Eni inked a unitization and unit operating agreement (UUOA) to develop 24 Tcf of natural gas reserves from two blocks offshore Mozambique. Image of Mozambique operations, from Anadarko…
Image: MORGRIP mechanical connector/Hydratight Hydratight has won a pipeline connector order from Subsea 7 to support their Emergency Pipeline Repair System (EPRS) project in Australia…
The engineering challenges posed by colossal FLNG projects are in danger of dwarfing the practicalities of realizing the build. That needn’t be the case. Focusing on the vendor equipment supply chain from the outset, and the choice of codes and standards employed…
French independent Perenco and partner Société Nationale des Hydrocarbures have made their final investment decision on a floating LNG project offshore Cameroon. The move follows an agreement with Gazprom Marketing & Trading Singapore Pte over gas sales…
Geosciences company Benthic has been awarded two contracts by Woodside to undertake offshore geotechnical site investigations for the proposed Browse floating liquefied natural gas (FLNG) development and the Greater Enfield development located off the coast of Western Australia…
Engineering company Monadelphous Group has won a major long-term maintenance and modifications services contract associated with Shell's Prelude floating LNG (FLNG) project. The contract, worth more than AU$200 million, will be for provide maintenance…
Technip Oceania has awarded Civmec a fabrication contract for 17 subsea jumper spools and associated lifting equipment for Shell’s Prelude FLNG project. Civmec said it has gained valuable experience through the delivery of spools for…
Ophir Energy announced that it has finalized commercial terms and is in the process of signing heads of agreement (HoAs) for LNG offtake from the Fortuna FLNG Project with a shortlisted group of counterparties, all of which are globally established LNG Buyers…
Petronas has laid the keel of its second floating LNG vessel, the Petronas Floating LNG2, in Geoje Island, South Korea. JGC Group and Samsung Heavy Industries (SHI), the consortium leading the engineering, procurement, construction, installation and commissioning of PFLNG2…
Japan's INPEX has completed offshore pipelay of the 890km-long, 42in diameter gas export pipeline for the Ichthys LNG project. Pipelay on the project, which INPEX says is the longest subsea pipeline in the southern hemisphere and the third longest subsea pipeline in the world…
US supermajor Chevron announced in its Q3 results that it expects to make further workforce reductions in the realm of 6000-7000 in an effort to cut costs. The company’s earnings this quarter were better than anticipated, according to analysts Simmons & Co…
New analysis is estimating that Eni’s Zohr natural gas discovery has significant technical, commercial, and strategic implications for the gas market in Egypt, according to IHS Energy. Map of Zohr…
The Australian Competition & Consumer Commission (ACCC) has pushed back its deadline to make a decision on Shell’s US$70 billion bid for BG Group. The ACCC says the deadline, initially set to September 17, before being delayed until November 12…
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