Offshore LNG News - page 49


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…

Woodside Invests in Cyber Security

Mar 18, 2019

Australia's largest independent oil and gas company said it has invested in a Western Australian company specializing in the protection and security of critical infrastructure.Woodside will take a 10% shareholding in Sapien Cyber, subject to satisfaction of conditions precedent…

Rising US Oil Clout on Show in Houston

Mar 15, 2019

A glance at the attendee list at one of the world's largest energy industry events in Houston this week left little question about the growing influence of the United States over global oil politics.Present: top U.S. diplomat Mike Pompeo. Absent: leading Saudi and Russian officials…

BHP to Drill More Wells in Trinidad

Mar 14, 2019

BHP Group Ltd has stepped up exploration drilling in deep water off Trinidad and Tobago hunting for gas which could supply the country's Atlantic LNG (liquefied natural gas) plant in the 2020s, a senior executive said.The company expects to complete drilling of three wells in block 14…

Petronas FLNG Relocates to Sabah

Mar 13, 2019

Malaysian state-owned oil firm Petroliam Nasional Bhd (Petronas) said on Wednesday it had relocated its floating liquefied natural gas facility to the eastern state of Sabah, nearly two years after it began operations.The Petronas FLNG (PFLNG) Satu is now moored in the Kebabangan cluster field…

First US FLNG Project Moving Ahead

Mar 07, 2019

Plans to construct a U.S. floating liquefied natural gas (FLNG) vessel in China, which may also provide funding and buy part of its output, are moving ahead despite trade tension between the countries, an executive at one of the partners said on Thursday…

Australia's Best Option is LNG Imports

Mar 06, 2019

Australia has painted itself into a corner with its natural gas industry and faces the stark reality that there are no easy choices to alleviate the dual problem of a looming supply crunch and the associated higher prices.Australia is far from the first country to find itself with an energy issue…

LNG-Operated Survey Vessel Atair Floated Out

Mar 01, 2019

German Naval Yards Kiel, has floated out 'Atair', the world's first LNG fueled research vessel, after a building period of 16 months.The 75 m vessel is being built for Germany’s Federal Maritime and Hydrographic Agency (BSH) by the general contractor is Fassmer Shipyard…

Mozambique’s Offshore Plans Gain Vigor

Feb 28, 2019

For the joint partners in the Mozambique Area 1 project, 2019 started off on a high note with the signing of five new gas sale and purchase agreements that pushes closer to realization Mozambique's first onshore LNG facility on which the development…

Golar to Supply FLNG for BP

Feb 26, 2019

Golar LNG Limited announced Tuesday that its newly incorporated subsidiary Gimi MS Corporation has entered into a 20-year Lease and Operate Agreement (LOA) with BP for the charter of a floating liquefied natural gas (FLNG) unit, Gimi, to service…

Oil-gas Optimism Reigns, Study Finds

Feb 18, 2019

The worldwide oil and gas industry is “resilient, confident and ready to spend” but is at risk of reverting to overspending, just as an increase in large-project approvals loom.That’s the gist of a new report from Oslo-based, all-in-one classification society…

Woodside Raises Dividend

Feb 13, 2019

Australia's Woodside Petroleum Ltd surprised investors with a fat dividend on Thursday after reporting a 36-percent percent rise in annual profit, underpinned by stronger oil prices.The higher-than-expected payout came after shareholders stumped up $2…

Shell, Eni, Exxon Win Concessions in Egypt

Feb 12, 2019

Royal Dutch Shell, Eni, BP and Exxon Mobil were among winners of Egypt's international tender for oil and gas exploration on Tuesday, with 12 concessions awarded in total.It marks Exxon Mobil's entry into gas exploration in Egypt, while Shell…

Shell Awards FEED Work for Crux

Feb 06, 2019

Wood and KBR,Inc. have secured a new multimillion dollar contract to deliver integrated front-end engineering design (FEED) for Shell Australia’s Crux project to build a not normally manned (NNM) platform and gas export pipeline located approximately 600km north of Broome…

Equatorial Guinea to Offer Ophir's Old Blocks

Feb 05, 2019

Equatorial Guinea will offer offshore Block R with the related Fortuna gas development project in the April licensing round, after the concession was reclaimed from Ophir Energy Plc, the oil minister said on Tuesday.Gabriel Obiang Lima told…

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