Offshore LNG News - page 7

 

Israel to Link Leviathan Offshore Gas Field to Egypt's LNG Plants

Feb 22, 2021

Israel and Egypt have agreed to build a pipeline to connect Israel's offshore Leviathan natural gas field to liquefied natural gas (LNG) terminals in northern Egypt, the Israeli minister said on Sunday.The Palestinians also said they had signed an agreement with Egypt's energy minister…

Woodside Eyes Pluto Plant Stake Sale ahead of $11B Scarborough Field Sanction

Feb 18, 2021

Woodside Energy expects strong buyer interest in the sale of a share of a new production unit at its Pluto LNG plant, top executives said on Thursday, a precondition for a planned $11 billion expansion at its Scarborough gas and Pluto project…

Technip Energies Shares Soar on First Trading Day

Feb 16, 2021

Shares in Technip Energies skyrocketed on Tuesday, the first trading day after Franco-American oilfield company TechnipFMC split its engineering and construction activities from its upstream oil services business.Shares were up 31.5% at 11.83 euros at 0901 GMT ($14…

Australia's South Needs LNG Import Terminal to Avoid Gas Shortfall in 2024

Feb 16, 2021

Australia's southern states will need to import natural gas to fill a looming shortfall by 2024, as last year's COVID-19 induced oil and gas price slump has slowed investment in new fields, the country's competition watchdog said on Tuesday…

Petronas' Floating LNG Facility PFLNG Dua Produces First LNG

Feb 15, 2021

Malaysian oil and gas giant Petronas said Monday that its PFLNG Dua floating LNG facility has recently produced its first LNG. This is the company's second FLNG Unit, and its first deepwater FLNG facility.The PFLNG Dua is located at the Rotan gas field…

Inpex Slumps to First Annual Loss in 12 years

Feb 10, 2021

Japan's biggest oil and gas explorer Inpex Corp posted a net loss of 111.7 billion yen ($1.1 billion) in 2020 as the COVID-19 pandemic hammered oil prices, cutting its sales and forcing it to book hefty impairment losses.The result marks Inpex's…

'Largest LNG Project Ever:' Qatar Petroleum Sanctions North Field East Project

Feb 09, 2021

Qatar Petroleum on Monday took the final investment decision for the development on the North Field East Project (NFE), in what the company said was the world’s largest LNG project ever. The total cost of the project is estimated at $28.75 billion…

Equinor in $982M Tanzania LNG Write-down

Jan 29, 2021

Norwegian oil and gas company Equinor has decided to write down the book value of its Tanzania LNG project (TLNG) on the company’s balance sheet by $982 million. The company said Friday that while progress has been made in recent years on the commercial framework for TLNG…

Bulgartransgaz Takes 20% Stake in Greece's Gastrade

Jan 28, 2021

Bulgartransgaz, the operator of the national natural gas transmission network of Bulgaria, has officially taken a 20% share in Greek company Gastrade that is developing an LNG floating storage and regasification unit (FSRU) offshore Alexandroupolis…

Woodside Sees Global LNG Market Tightening

Jan 22, 2021

Australia’s Woodside Energy sees the liquefied natural gas (LNG) market tightening this year, with demand growing especially in Asia, after prices were battered by a supply glut in 2020, its chief executive said on Thursday.LNG supply in 2021 will be partly tighter as Woodside…

Two LNG Tankers Bound for Australia's Prelude Facility Divert

Jan 19, 2021

Two liquefied natural gas (LNG) tankers that had initially signaled they would load at Royal Dutch Shell's Prelude floating LNG facility in Australia have diverted elsewhere, ship-tracking data showed on Tuesday.This comes just a week after…

In Sub-Saharan Africa's First, Ghana Takes Delivery of Offshore LNG Terminal

Jan 08, 2021

Ghana has taken delivery of sub-Saharan Africa's first offshore receiving terminal for liquefied natural gas (LNG), allowing it to start delivering LNG to customers in the first quarter of this year, the terminal's operator said.Tema LNG, which is backed by UK-based Helios Investment Partners…

Crowley Forms 'New Energy' Division to Focus on Offshore Wind, LNG

Jan 06, 2021

Crowley Shipping announced Wednesday it has formed a New Energy division to focus on offshore wind and liquefied natural gas (LNG) services in the U.S. and adjacent regions.The Jacksonville, Fla.-based maritime transportation and services firm…

Russia: Sakhalin Energy Sets LNG Output Record

Jan 06, 2021

Sakhalin Energy, an international consortium operating an offshore gas-fed LNG plant in eastern Russia, set a record for LNG production in 2020.Sakhalin Energy said Wednesday that it had in 2020 produced and shipped a record amount of liquefied natural gas (LNG): 178…

Croatia's Floating LNG Terminal Starts Operations

Jan 04, 2021

Croatia's liquefied natural gas (LNG) terminal on the northern Adriatic island of Krk began operations on Friday amid the first delivery of gas, said the company which runs the unit.'LNG tanker Tristar Ruby anchored with 143,000 cubic meters…

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