Offshore LNG News - page 49

 

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…

Exmar, PRE order second FLNG unit

Feb 06, 2014

Belgium's Exmar and Canada's Pacific Rubiales Energy (PRE), through its wholly-owned affiliate Pacific Midstream Holding, announced the ordering of a barge-based floating LNG regasification unit under a 50/50 joint venture. The unit will…

Wood Group,Trac team up in Australia

Feb 06, 2014

Wood Group Kenny Pty Ltd. (WGK) and TRAC Oil & Gas Pty Ltd. (TRAC) signed a formal MoU for the provision of integrated integrity management, inspection, verification, non-destructive testing (NDT) and rope access solutions to conventional oil…

Voices OE February

Feb 01, 2014

Waves of progress. With several mega projects underway, OE asked: Can floating LNG be done economically on a smaller scale? The obvious answer is that we believe so, but it depends on the application. Wison Offshore & Marine sees smallerscale…

BG cuts guidance

Jan 27, 2014

BG Group has cut its 2014-15 production forecasts and issued a series of force majeure notices under its LNG agreements in Egypt.  The notices are due to the diversion of gas volumes to domestic markets in excess of existing pooling arrangements…

First dual-fuel OSV launched in GoM

Jan 23, 2014

Gulf Coast Shipyard Group, a manufacturer of a variety of ocean-going and inland marine vessels for commercial and military markets, announced today the launch of the first of six Harvey Gulf International Marine 302’ x 64’ dual-fuel Offshore Supply Vessels…

Gazprom adds fifth LNG tanker

Jan 21, 2014

Gazprom announced that its newest liquefied natural gas (LNG) carrier was named today at STX O&S shipyard in Jinhae, South Korea. The vessel, Velikiy Novgorod, will be the fifth in Gazprom's tanker fleet. Taking part in the ceremony were Alexander Medvedev…

Shell exits Wheatstone project

Jan 20, 2014

Shell agreed to sell its stakes in the Chevron-led Wheatstone-Iago joint venture and the Wheatstone LNG project off Western Australia.  The company sold its 8% equity interest in the Wheatstone-Iago JV and its 6.4% interest in the Wheatstone…

Shell picks Prelude power systems

Jan 17, 2014

Emerson Network Power has been selected as the main uninterruptible power supply (UPS) systems provider for Shell’s Prelude floating LNG project. Prelude is the world’s first floating liquefied natural gas (FLNG) project, currently under construction in Korea…

Prelude float out

Jan 16, 2014

Shell’s Prelude floating liquefied natural gas (FLNG) facility floated out of the dry dock at Geoje, South Korea’s Samsung Heavy Industries yard, where the facility is currently under construction. Upon completion, Prelude FLNG will be the largest-ever floating facility…

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