US crude and condensate production has been falling since 1972 with only a couple brief periods of respite or flattening downward. Most analysts felt that the decline was irreversible. The decline flattened in 1991, 1997 and 2001 and, as a result of a dramatic jump in oil prices…
Study assesses FLNG project options off IndiaWorleyParsons has been awarded a significant pre-FEED study by the Andhra Pradesh Floating LNG Terminal developers, GDF SUEZ and Andhra Pradesh Gas Distribution Corporation (APGDC). The pre…
Kitimat LNG illustrationChevron buys EOG, Encana stake in Kitimat LNGEOG Resources and Encana have sold their shares in Kitimat LNG and the Pacific Trail Pipeline to Chevron, the supermajor announced on 24 December 2012.The financial terms of the deal were not disclosed…
Sabine Pass LNG2MPTA will be bought from Sabine LiquefactionCheniere Energy Partners announced that its subsidiary Sabine Pass Liquefaction has entered into a liquefied natural gas sale and purchase agreement (SPA) with Total Gas & Power North America…
Shell's PreludeShell and TSC team up on future LNG projects Shell Gas & Power Developments B.V. (Shell) and the Technip Samsung Consortium (TSC) have signed a heads of agreement to enhance collaboration on the design, engineering, procurement…
Prime Minister Stephen HarperCanada grants approval for Nexen, Progress grabsThe Canadian government announced on Friday that it would approve two controversial investments in local firms by foreign state-owned companies.Minister of Industry…
Vessel illustrationWartsila supplies LNG package for Harvey GulfHarvey Gulf has chosen Wärtsilä to supply a complete LNG package, including propulsion, auxiliaries and controls, for its new STX Marine-designed offshore support vessel bound for the U…
Daewoo Shipbuilding & Marine Engineering (DSME) tapped Wärtsilä Moss to supply inert gas generator (IGG) units for the FPSO destined for the Inpex-operated Ichthys LNG project in the Browse Basin offshore western Australia.Wärtsilä Moss'…
Photo: GazpromIcebreakers transfer LNG from Norway to JapanLNG Carrier ‘Ob River’ chartered by the Gazprom Marketing & Trading (GM&T) group, a wholly-owned subsidiary of OAO Gazprom, and operated by Dynagas (Greece), has successfully completed…
Pangea aims to build Texas LNG facilityPangea LNG is seeking approval to build a liquefied natural gas export facility at Corpus Christi Bay, Texas, the company announced on 30 November 2012.Pangea has filed an application with the U.S. Department…
Three Streams EngineeringFoster Wheeler buys Canadian engineering firmFoster Wheeler has acquired Calgary-based Three Streams Engineering for an undisclosed amount.Three Streams is a multi-discipline full service engineering, procurement…
Like a Christmas present, what was widely rumored and anticipated following recent Israeli hydrocarbon discoveries, Houston’s Noble Energy announced in late December 2011 the results of its recent well in the Cypriot Economic Zone. It contains up to 9tcf of natural gas…
‘BW Offshore's Yùum K'ak' Náab FPSO has been producing Pemex' KMZ field in the Mexican sector of the Gulf of Mexico since 2007. BW is also supplying the first FPSO for the US sector of the Gulf of Mexico. The BW Pioneer is moored at Petrobras'…
A milestone has been reached in the ground-breaking Papua New Guinea Liquefied Natural Gas (PN LNG) project, following the award of the towage and marine support contract to global offshore and gas terminal service specialist Smit Lamnalco.The…
GE Oil & Gas will deliver its gas turbine-driven compressor train technology for a Petronas FLNG project slated for startup in 4Q 2015 offshore Malaysia. To be Asia’s first FLNG project, the facility will be moored about 180km off the coast of Bintulu…
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