Floating Lng Facility News

 

Shell to Write Down $22B in Wake of Coronavirus

Jun 30, 2020

Royal Dutch Shell said on Tuesday it would write off assets worth up to $22 billion after the coronavirus crisis knocked oil and gas demand and weakened the energy price outlook.The impairments follow the Anglo-Dutch company's decision to shift…

Transborders Energy, SBM Offshore in FLNG Pact

Jun 29, 2020

Australia's Transborders Energy, a company working to develop an FLNG solution for marginal field development, has signed a partnership agreement with the floating production solutions giant SBM Offshore.Perth-based Transborders said Sunday…

Virus Lockdowns Pummel Global Gas Demand, Force LNG Output Cuts

May 07, 2020

Lockdowns to slow the coronavirus pandemic are pummelling gas demand in the world's biggest buyers of liquefied natural gas (LNG), pushing Asia's spot prices to record lows and forcing some suppliers to start cutting output. Economies worldwide…

Australia: Shell Postpones Crux Project FID

Apr 07, 2020

Royal Dutch Shell said on Tuesday its Australian unit and joint venture partners had decided to delay a final investment decision (FID) on the Crux gas project in offshore Australia that was initially planned for 2020.The Crux project is one…

Prelude FLNG Shut Down

Feb 05, 2020

Royal Dutch Shell said on Tuesday it has temporarily suspended production at its Prelude floating liquefied natural gas (LNG) facility off northwest Australia following an electrical trip on Feb. 2.Work is underway to restore full operations…

Transborders Joins Forces with Osaka Gas

Sep 17, 2019

Perth-based Transborders Energy has signed a memorandum of understanding (MoU) for collaboration with Japan's Osaka Gas.The  MOU will facilitate information and knowledge sharing for both companies to evaluate projects that could commercialize…

First Condensate Cargo Shipped from Prelude

Mar 25, 2019

Royal Dutch Shell on Monday said it had shipped the first condensate cargo from its Prelude floating liquefied natural gas (FLNG) project off northwestern Australia over the weekend.'We can confirm that the first shipment of condensate has sailed from the Shell-operated Prelude FLNG facility…

Tango FLNG En Route to Argentina

Dec 27, 2018

Belgium based EXMAR announced Thursday that its floating liquefied natural gas (FLNG) facility has left China for a 45-day voyage to the destination of its liquefaction operations at the Port of Bahia Blanca in Argentina.The barge-based Tango…

Aker Solutions expands LNG team

Oct 31, 2017

Aker Solutions has boosted its expertise in LNG by hiring four specialists who have worked on more than 30 LNG projects globally. Aker Solutions has been working in LNG and gas processing, technology and projects, since the 1970s…

Wison W-FSRP gets Bureau Veritas AIP

Jul 18, 2017

Wison Offshore & Marine’s newly-developed floating storage regasification and power generation barge, the W-FSRP, has received approval in principle (AIP) from Bureau Veritas. W-FSRP. Image from Wison…

SOFEC inks Eni Coral South FLNG contract

Jul 18, 2017

SOFEC, a MODEC Group company, has been awarded the turret mooring system supply contract for Eni's Coral South Project. The contract was awarded by TechnipFMC and JGC Corp. joint venture is is for the engineering, procurement and construction…

ABS approves Chiyoda LNG concept

Jun 21, 2017

Classification and technical services provider ABS has granted an Approval in Principal for Chiyoda Corp.’s floating liquefied natural gas (LNG) power plant and floating storage and regasification unit design concept. ABS said the concept…

Ophir inks Fortuna construction contracts

May 10, 2017

Construction contracts have been awarded for Ophir Energy's Fortuna LNG project offshore Equatorial Guinea. Fortuna will be Africa’s first deepwater FLNG project and is targeted for first gas in mid-2020 at a cost of US$2 billion. The project…

PFLNG Satu loads first cargo

Apr 03, 2017

Petronas’ first floating liquefied natural gas (LNG) facility, PFLNG Satu, has successfully loaded its first cargo at the Kanowit gas field, offshore Sarawak. The first cargo was fully loaded onto the LNG carrier Seri Camellia which is expected to set sail for a South Asian market…

Options assessed for Etinde, Cameroon

Jan 26, 2017

Partners on the Etinde permit offshore Cameroon are now considering offtake to existing facilities in Equatorial Guinea as a new possible solution.  The project, operated by New Age, and which is taking much longer than planned to develop…

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