Offshore FLNG News - page 23

 

Ophir signs PSC for Equatorial Guinea block

Nov 04, 2014

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…

Eni, Kogas strengthen African presence

Oct 17, 2014

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…

KD consortium wins Eni FLNG FEED

Oct 16, 2014

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…

Oil & gas must embrace innovation

Sep 30, 2014

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…

BHP supports Scarborough FLNG

Sep 30, 2014

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…

Infield: Deepwater and ultra deepwater overview

Sep 15, 2014

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 begins Wenchang 13-6 production

Aug 25, 2014

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…

Sevan Marine eyes FLNG opportunities

Aug 20, 2014

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…

Drydocks World completes two turret modules for Shell Prelude

Aug 18, 2014

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…

Shell's Prelude to receive largest turret piece

Aug 15, 2014

Weighing an impressive 4300-tonnes, the largest piece of the turret for Shell’s Prelude floating liquefied natural gas (FLNG) facility has set sail from Dubai for the Samsung Heavy Industries shipyard in Geoje, South Korea.  When complete…

Big gets bigger - and more capable

Aug 01, 2014

Frank Verhoeven  Boskalis is eyeing an increasing role in offshore oil and gas and renewables projects—including the potential to dry dock floating production vessels at sea. Elaine Maslin found out more…

Floating FLNG facilities: are they 'vessels' for purposes of liability limitations?

Jul 21, 2014

Rendering of Shell's Prelude FLNG. Photo from Shell.  Vinson & Elkins’ David Lang and Paul Greening discuss determining whether and FLNG facility can receive limitations of liability for maritime claims…

Wison-WorleyParsons eye Asian FLNG

Jul 17, 2014

Australia-head quartered WorleyParsons has agreed a memorandum of understanding (MOU) with Wison Offshore & Marine to jointly work on ship-shaped floating LNG (FLNG), FPSO and other similar offshore oil and gas projects, targeting Australasia…

Bonaparte may not be FLNG

Jun 20, 2014

Santos (40%) and GDF SUEZ (60% and operator) have said that the Bonaparte LNG project partners will consider other potential development options, in addition to the floating LNG concept, to develop the Petrel, Tern and Frigate natural gas fields…

Shell cuts stake in Woodside

Jun 17, 2014

Royal Dutch Shell is selling a major portion of its stake in Australia's Woodside Petroleum Ltd., raising AU$5.7billion. Shell is selling 9.5% back to Woodside, and another 9.5% to institutional investors, at a small discount to the closing share price on 16 June 2014…

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