EXMAR is ordering its second floating liquefied natural gas (FLNG) unit from China’s Wison Offshore & Marine. Wison's yard. From Wison. Wison will be responsible for the turnkey engineering…
While high development costs are deeming many Australian liquefied natural gas (LNG) projects economically unfeasible, the country should stay focused on these rather than gambling on floating liquefied natural gas (FLNG) technology too soon…
Offshore oil and gas mega projects are increasing in scale and cost. Some 41% of ExxonMobil’s 2015 capital spending for projects under construction in 2015 is likely to be directed to one project alone. Neda Djahansouzi, Energy Researcher…
The Caribbean floating liquefaction and storage (FLNG) facility undocked from the Wison Offshore & Marine dry dock in Nantong, China. Wison Offshore & Marine dry dock. From Wison. Wison…
Malaysia’s national oil and gas company Petronas awarded GE Oil & Gas a contract to supply gas turbine-driven compressor train and mechanical drive technology for the second floating liquefied natural gas (FLNG) facility off the coast of East Malaysia…
Texas-based Excelerate Energy has been selected by UK-based exploration firm Ophir Energy to lead a consortium to build Africa’s first newbuild, open seas FLNG project. Excelerate will lead a consortium of technology providers charged…
Ophir Energy signed an amendment to the Block R production-sharing contract (PSC) that establishes gas fiscal terms within the PSC and a fiscal framework for the Fortuna floating liquefied natural gas (FLNG) project. The amendment has…
Italian major Eni and Korea Gas Corp. (Kogas) signed a cooperation agreement that will allow the two to jointly pursue global opportunities in a number of areas including the upstream and LNG sectors. Image from Kogas…
Eni East Africa SpA awarded the KD consortium, consisting of KBR Inc. and Korea’s Daewoo Shipbuilding & Marine Engineering (DSME), a contract for a front end engineering design (FEED) for a floating liquefied natural gas (FLNG) facility for…
The importance of technological innovation in the oil and gas industry has risen over the past two years, according to a survey by Lloyd's Register Energy. Image from Lloyd's Register Lloyd's Register surveyed operators in America…
Australian oil and gas firm BHP Billiton has backed plans to develop what may be the world’s largest floating LNG project, saying it is “fully aligned” with partner ExxonMobil. But, the project is still facing difficulties, according to a statement from Exxon to news agency Bloomberg…
The outlook for the deepwater and ultra deepwater market is positive, with a forecast capital growth rate of around 8% between 2014 and 2018, according to Infield Systems Ltd.’s deepwater and ultra deepwater report. Infield Systems anticipates…
CNOOC Ltd. began production at its Wenchang 13-6 oilfield, offshore the Western South China Sea. The Wenchang 13-6 oilfield, located in the west of Pearl River Mouth basin has an average water depth of approximately 120m. The main…
Cylindrical floating vessel firm Sevan Marine says it has a positive outlook with multiple leads for its technology, including FLNG technology and potential deals for floating production units on Premier Oil’s North Sea Bream field and Shell’s Penguins…
Dubai's Drydocks World has successfully completed turret modules 1 and 2 for the world’s largest floating liquefied natural gas (FLNG) facility. This innovative FLNG facility will be stationed at Shell's Prelude gas field off the northwest coast of Australia…
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