Offshore LNG News - page 50

 

Chevron unveils 2014 CAPEX

Dec 13, 2013

Chevron Corp. announced its new US$39.8 billion capital and exploratory investment program for 2014. Approximately 90% of the 2014 spending program is budgeted for upstream crude oil and natural gas exploration and production projects…

Inpex begins operations at Naoetsu LNG terminal

Dec 11, 2013

Inpex Corp. said its Naoetsu LNG terminal in Joetsu City, Niigata Prefecture, Japan, began operations ahead of schedule on 1 Dec. The main facilities include two above-ground LNG tanks with storage capacity of 180,000kl and a berth for unloading a 210…

BG: Tanzania now at 15Tcf

Dec 10, 2013

BG Group has said its latest drilling campaign offshore Tanzania has increased its resource base across its three Tanzanian blocks to 15Tcf natural gas. BG Group said Blocks 1, 3 and 4, which it operates, with partner Ophir Energy, also had further exploration upside…

Colombian FLRSU receives topsides

Dec 09, 2013

Installation of topsides liquefaction equipment has begun on the Caribbean FLNG project that will be in service off Colombia, contractor Wison Offshore & Marine Ltd. announced. The topsides equipment will utilize the PRICO technology, supplied by subcontractor Black & Veatch…

Tanzania discovery for Statoil

Dec 06, 2013

Norway's Statoil has said a fifth natural gas discovery in Block 2 offshore Tanzania has opened up a new play in the region. The Mronge-1 discovery, drilled in 2500m water depth by the Discoverer Americas drillship, 20km north of the Zafarani discovery…

An FSRU first

Dec 04, 2013

The Toscana became the world’s first permanently moored floating storage and regasification unit earlier this year. Nick Palmer talks more about the unit and its external turret mooring system. This August saw the final installation and hook up of the floating…

Prelude's first float out

Dec 03, 2013

Watch as the 488m-long hull of Shell’s Prelude floating liquefied natural gas (FLNG) facility floats out of the dry dock at Geoje, South Korea’s Samsung Heavy Industries yard, where the facility is currently under construction. Upon completion…

Russia needs to up investment

Nov 19, 2013

Russia needs to re-focus investment from easier conventional onshore projects to more difficult and expensive tight oil, LNG and Arctic developments to maintain production in the longer-term, according to industry analysts Wood Mackenzie…

Asian investor eyes Tanzanian gas

Nov 14, 2013

Natural gas from future multi-train LNG developments in Tanzania could now be destined for Asian markets. Singapore-based investor Pavilion Energy is to take a 20% in the joint venture partnership looking to develop natural gas finds in Blocks 1…

STX launches ice-class LNG carrier

Nov 13, 2013

South Korea's STX Offshore & Shipbuilding Co. Ltd. launched SCF Melampus, the first of two ice-class LNG carriers ordered by Sovcomflot OJSC. The first vessel is to be delivered in late 2014; the second in early 2015. STX signed the $400million contract to build the two 170…

SE Asia comes to LAGCOE

Nov 11, 2013

Laissez les bons temps rouler. Deep in the heart of Louisiana oil country, US representatives from two Asian trade organizations made the case for local investment at the 2013 Louisiana Gulf Coast Oil Exposition (LAGCOE), held in Lafayette…

Contract Briefs: November 2013

Nov 07, 2013

FMC wins TEN order FMC Technologies Inc. received an order from Tullow Ghana Ltd. to supply subsea systems for its Tweneboa-Enyenra-Ntomme Development (TEN) offshore Ghana. The order's estimated value is US$340 million. FMC Technologies’ scope of supply includes subsea trees…

Global Briefs: November 2013

Nov 07, 2013

Transboundary may head to committee The US Senate bill ratifying the US-Mexico Transboundary Hydrocarbon Agreement, S. 812, is reportedly on its way to a conference committee. The Senate’s version of the bill, passed last month (October)…

Global oil's structural shift

Nov 05, 2013

Dana Petroleum group CEO Marcus Richards believes the oil industry is seeing a structural shift. He gave his personal views at a UK Chatham House event:  I would like address the questions raised by the shift in oil demand to industrialized economies in terms of energy security…

Tanks installed on Caribbean FLNG project

Oct 31, 2013

Wison Offshore & Marine Ltd. (WOM) successfully completed the installation of the three LNG storage tanks into the hull of the Caribbean FLNG project. The project’s barge deck and topsides will now be installed. The Caribbean FLNG project…

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