Today, the US Federal Energy Regulatory Commission (FERC) approved a request from Sabine Pass Liquefaction LLC and Sabine Pass LNG to increase the maximum peak day liquefied natural gas (LNG) production and export capacity for Trains 1-4 at the Sabine Pass LNG terminal to 2…
UK-listed explorer Ophir Energy is eying floating LNG to develop its Equatorial Guinea gas fields and has signed a letter of intent with Petrofac to help it draw up a field development plan. Ophir has an 80% interest in Block R, in the south-eastern part of the Niger Delta complex…
The INPEX-operated Ichthys LNG Project has celebrated a key milestone for its floating production, storage and offloading (FPSO) facility. The first block of the keel was placed during a ceremony in the Daewoo Shipbuilding & Marine Engineering (DSME) shipyard in Okpo…
Totem Ocean Trailer Express has announced that Wärtsilä will supply main engines, generators and integrated LNG storage and fuel gas handling systems (LNGPac(TM)) for the largest LNG conversion ever undertaken in North America. The contract was signed in 4Q 2013…
Statoil ASA and BG Group Plc will build Tanzania’s first liquefied natural gas plant in Lindi, according to Tanzania's Minister of Energy and Minerals, Sospeter M. Muhongo, speaking in Oslo on Friday. Muhongo, previously a professor of geology at the University of Dar es Salaam…
The past few weeks have seen a string of profit warnings and capital spending cutbacks from global oil and gas exploration majors. Should oilfield service companies be worried that the good times are coming to an end? According to bank and investment company Investec…
GE Oil & Gas opens Brazilian logistics base With an area of 590,000sq. ft and investments that exceed US$100 million, GE’s base in Niteroi in the state of Rio de Janeiro was designed primarily to load and unload installer ships. These vessels carry heavy equipment…
Papua New Guinea is home to the Esso Highlands Ltd.- operated PNG LNG project, the first of its kind in the country’s history. Sarah Parker Musarra provides an update and examines the milestone project’s offshore pipeline. Occupying a small corner of Southeast Asia…
US explorer Hess remains 'confident' that its billion dollar Australian gas project will proceed. The Equus project, Hess Corp.’s planned contribution to Australia’s push for world leadership in liquefied natural gas (LNG) exports, has…
Sevan Marine ASA has acquired the technology rights of TORP LNG AS and its affiliates. This acquisition gives Sevan Marine ownership of the proprietary HiLoad technology for offshore loading of LNG. The HiLoad technology was originally developed…
Noble Energy, Inc. announced the signing of a non-binding memorandum of understanding (MOU) regarding the sale of interest in the Leviathan licenses, offshore Israel, to Woodside Petroleum. Each of the existing Leviathan partners, Noble Energy…
Belgium's Exmar and Canada's Pacific Rubiales Energy (PRE), through its wholly-owned affiliate Pacific Midstream Holding, announced the ordering of a barge-based floating LNG regasification unit under a 50/50 joint venture. The unit will…
Wood Group Kenny Pty Ltd. (WGK) and TRAC Oil & Gas Pty Ltd. (TRAC) signed a formal MoU for the provision of integrated integrity management, inspection, verification, non-destructive testing (NDT) and rope access solutions to conventional oil…
Waves of progress. With several mega projects underway, OE asked: Can floating LNG be done economically on a smaller scale? The obvious answer is that we believe so, but it depends on the application. Wison Offshore & Marine sees smallerscale…
BG Group has cut its 2014-15 production forecasts and issued a series of force majeure notices under its LNG agreements in Egypt. The notices are due to the diversion of gas volumes to domestic markets in excess of existing pooling arrangements…
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