BG Group Chief Executive, Chris Finlayson will today deliver a strategy update outlining the next stage of the company’s growth. The Group’s immediate priority is execution, primarily the delivery of its 2013 milestones and the growth projects in Australia and Brazil. As detailed in the company’s first quarter results, BG Group is making good progress [...]
VARD has signed a contract with Simon Møkster Rederi for the design and construction of one Platform Supply Vessel (PSV). The vessel, of VARD’s own PSV 06 LNG design, is scheduled for delivery in 1Q 2015 from Vard Aukra in Norway. The hull will be delivered from VARD in Romania. The PSV 06 LNG is a new innovative design [...]
Premier of Western Australia, Colin Barnett, has greeted the news that Woodside is not going ahead with the proposed onshore development of Browse LNG at James Price Point near Broome with great disappointment. “While I acknowledge that this was a commercial decision by Woodside and its joint venture partners, I am bitterly disappointed,” Barnett said. “I [...]
Excelerate Energy and the Puerto Rico Electric Power Authority (PREPA) have filed their formal application with the Federal Energy Regulatory Commission (FERC) to construct a floating offshore liquefied natural gas (LNG) regasification facility . “The filing represents a major milestone in the permitting process and signifies a step closer to receiving approval to build and operate [...]
On April 17, 2013 Rosneft and Marubeni Corporation signed Memorandum of Cooperation in LNG project implementation and joint exploration and development of oil and gas fields. The document was signed by Igor Sechin, Rosneft President and Chairman of the Management Board, and Fumiya Kokubu, Marubeni Corporation President and CEO, Member of the Board. As part [...]
Australia’s Woodside has completed its technical and commercial evaluation of the proposed Browse LNG Development near James Price Point in W. Australia and determined that the development concept does not meet the company’s commercial requirements for a positive final investment decision. A tender evaluation has recently been completed for all upstream and downstream scopes of work which showed [...]
Shanghai-based Wison Offshore & Marine Ltd., a subsidiary of the Wison Group, announced today the signing of a Memorandum of Understanding with Black & Veatch to jointly pursue barge-based natural gas liquefaction facility projects on an exclusive basis. Under the agreement, Wison will hold responsibility for barge design and engineering, and overall project management, construction, [...]
Energy consulting and testing & certification company DNV KEMA on Friday, March 15,2012, officially opened a new Multiphase Flow Laboratory (MPFL) in Groningen, the Netherlands. The facility will allow equipment manufactures and oil & gas companies to test, validate and calibrate multiphase technologies – e.g. separators and flow meters – for respectively the production of [...]
Spain’s Repsol has reached an agreement with Shell for the sale of its LNG assets for $6.7 billion which includes the minority stakes in Atlantic LNG (Trinidad & Tobago,) Peru LNG and Bahia de Bizkaia Electricidad (BBE) as well as the LNG sale contracts and time charters with their associated loans and debt. Excluding the [...]
Linde North America, announced that Earl Lawson, head of Energy Solutions, will discuss the company’s expanding capabilities to support the use of liquefied natural gas (LNG) for oil and gas drilling at the World LNG Fuels 2013 Conference. Lawson will show how Linde is leveraging its well-established expertise in cryogenic gases and expanding infrastructure to [...]
January 21, 2013 | Posted in
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