Offshore LNG News - page 3


Shell Trims LNG Production Outlook Ahead of Weaker Q4 Financial Report

Jan 08, 2025

Shell trimmed its liquefied natural gas production outlook for the fourth quarter on Wednesday and said oil and gas trading results are expected to be significantly lower than in the previous three months.In a trading update ahead of Jan. 30 full-year results…

Europe's Gas Uncertainty Help Drive Asian LNG Spot Prices Higher

Jan 03, 2025

Asian spot liquefied natural gas (LNG) prices rose this week to a one-month peak, as the expiry of a transit deal for Russian gas through Ukraine caused uncertainty in Europe's gas outlook.The average LNG price for February delivery into Northeast Asia LNG-AS was $14…

ENI Drill Ship to Start Work Soon Off Egypt

Jan 03, 2025

A drill ship will arrive in Egypt this month as operator Eni starts work on increasing production from the giant Zohr offshore gas field, Egypt's petroleum ministry said in a statement.Egypt had planned to become a major gas exporter after Eni discovered the field in 2015…

US NatGas up as LNG feedgas rises, Frigid Temps Forecast

Jan 02, 2025

U.S. natural gas futures edged up about 1% on Thursday on near record flows to liquefied natural gas (LNG) export plants and forecasts for colder weather and higher heating demand over the next two weeks than previously expected.Also supporting U…

Compressor Failure Shuts Down Equinor's Hammerfest LNG Plant

Jan 02, 2025

Equinor's Hammerfest LNG plant in Arctic northern Norway has suffered an unexpected outage due to a compressor failure, halting all output for one week, according to a regulatory statement on the Gassco web site on Thursday.The Hammerfest plant…

BP’s Greater Tortue Ahmeyim Produces First Gas in West Africa

Jan 02, 2025

BP has started gas flow from Greater Tortue Ahmeyim (GTA) Phase 1 deepwater project, offshore Mauritania and Senegal.The gas from wells at the GTA Phase1 liquefied natural gas (LNG) project now flows to the floating production storage and offloading (FPSO) vessel for the next stage of commissioning…

First Russian Ice-Class LNG Carrier Hits Water

Dec 27, 2024

The first Russian-built ice-class liquefied natural gas (LNG) carrier has entered sea trials, LSEG data showed on Friday, as part of Russia's efforts to raise global LNG market share despite U.S. sanctions.The tanker, named Alexey Kosygin after a Soviet statesman…

Russian Gas Exports to Europe Rise 20% in 2024

Dec 26, 2024

Total exports of Russian gas to European countries have so far been 18-20% higher this year than in 2023, Deputy Prime Minister Alexander Novak said on Wednesday.In January to November, supplies of pipeline gas and liquefied natural gas (LNG) exceeded 50 billion cubic metres…

Chevron’s Sanha Lean Gas Connection Project Achieves First Gas off Angola

Dec 24, 2024

The Sanha Lean Gas Connection, led by Chevron’s Angolan subsidiary Cabinda Gulf Oil Company, has achieved first gas production as part of the project that will supply gas from Block 0’s Sanha field to Soyo power plants and the Angola LNG plant…

Final Pluto Train 2 Modules for Scarborough Gas Project Arrive to Australia

Dec 23, 2024

The final Pluto Train 2 modules for the Scarborough energy project have arrived at the Pluto LNG facility in Karratha in Western Australia, marking a significant milestone for the Woodside Energy’s gas developmentThe completion of the Pluto…

US Pipeline Operator Signs 20-Year LNG Agreement with Chevron

Dec 20, 2024

U.S. pipeline operator Energy Transfer said on Thursday its unit has entered a 20-year LNG sale and purchase agreement with oil and gas major Chevron.Under the agreement, the unit, Energy Transfer LNG, will supply 2.0 million tonnes per annum…

Kongsberg Maritime to Equip Golar MK II FLNG Vessel

Dec 19, 2024

Kongsberg Maritime has secured a contract with Golar LNG, valued over $25 million, to provide an integrated package of electrical, control, safety and propulsion systems for the Golar MK II floating liquified natural gas (FLNG) vessel.Konsberg’s…

Woodside’s North West Shelf Project Gets Australian Gov’s Approval

Dec 12, 2024

The Western Australian Government has issued an environmental approval to Woodside and the North West Shelf joint venture for extension of the project.After six years of assessment and appeals, this is a critical step in the approvals process…

Sembcorp Signs 10-Year LNG Supply Contract with Chevron

Dec 06, 2024

Sembcorp Industries has signed a Sale and Purchase Agreement (SPA) with Chevron’s Singapore branch to import up to 0.6 million tonnes of liquefied natural gas (LNG) year, starting from 2028.The LNG deliveries will take place over the course of 10 years as agreed by the companies…

Woodside Signs Revised EPC Contract with Bechtel for Louisiana LNG Project

Dec 05, 2024

Woodside has signed a revised lump sum turnkey engineering, procurement and construction (EPC) contract with Bechtel for the three train 16.5 million tonnes per annum foundation development of Louisiana LNG.Bechtel has worked on site before Woodside’s $1…

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