Production at Hammerfest LNG Production from the Hammerfest LNG plant has been resumed after a gas leak Sunday night. "We started run-up of the Hammerfest LNG plant Tuesday night, and the plant has now reached stable operation. All necessary repairs on the plant have been completed to ensure a safe and efficient start-up," says Knut Gjertsen, head of Snøhvit operations. The Hammerfest LNG plant was shut down Sunday night due to a gas leak in the processing facility. In connection with the plant run-up a condensate leak occurred which required extra time for the start-up preparations. The incident will be investigated by Statoil.
At a recent meeting of Gazprom's Management Committee, Chairman Alexey Miller noted that the project was progressing rapidly and on schedule – the first train of an LNG plant will be commissioned in 2018. Gazprom explains that it aims to speed up new LNG projects in order to increase their share in the global gas market. Vladivostok-LNG is one of such projects.
An international consortium developing two oilfields off Russia's Sakhalin island invited three international groups to bid for a tender to build the world's largest liquefied natural gas plant. The Sakhalin energy consortium said in a statement the three were French Bouygues Offshore, French Technic with U.S. Foster Wheeler, and Japan's Chiyoda Corp. with Toyo Corp. The Sakhalin energy consortium is led by Royal Dutch Shell
Marubeni Corporation has signed the Sales and Purchase Agreement with SK Energy for the acquisition of 10% interest in the Peru LNG Project. The international project consortium for the project consists of Hunt Oil Company (50%) of the United States, SK Energy (20%) of Korea, Repsol YPF (20%) of Spain and Marubeni Corporation (10%) of Japan. This project, located on the west coast of Peru in the South America, has geographical advantage to supply competitive LNG products not only to the
The Norwegian LNG plant was shut down due to water ingress in natural gas driers, but is now back in production. Large amounts of natural gas are sent ashore and cooled down at Hammerfest LNG on Melkøya, the world’s most northerly and Europe’s first export facility for LNG from Snøhvit, the first petroleum development in the Barents Sea that has no installations above the sea’s surface.
United Shipbuilding Corporation may build four Arctic class LNG carriers for the Pechora LNG project in northern Russia. Developers of the project, Alltech's President Dmitry Bosov informed that preliminary agreements had been signed with Russia's United Shipbuilding Corporation for four ships with a deadweight tonnage of about 170,000 mt each, report Ria Novosti. The Pechora project includes development of the Kumzhinskoye and Korovinskoye fields in the Nenets Autonomous District
Exxon Mobil plans to develop a floating liquefied natural gas project to develop the Scarborough field off the coast of Western Australia. Exxon, whose partner in the field is Melbourne-based BHP Billiton Ltd. (BHP), expects to make a decision on whether to go ahead with the floating LNG venture in 2014 or 2015, with the project starting production in 2020 or 2021, reports Bloomberg. In Australia, Shell is developing the Prelude floating LNG vessel -- expected to be as long as the Empire
Siemens will deliver the key components for a power station that is going to supply the future Yamal LNG (Liquified Natural Gas) production plant in Northern Russia with electricity and heat. The Siemens scope of supply comprises the design, manufacture, factory testing, delivery, installation and commissioning of eight SGT-800 industrial gas turbines as well as nine step-up transformers. Four of these turbines will additionally be equipped with waste heat recovery units
The British Columbia government has staked its future on natural gas exports, banking on a revenue windfall of at least $100-billion. Yet growing market pessimism and a sudden broadside from large gas consumers is casting fresh doubt on the planned scale of the emerging liquefied natural gas industry, reports the 'Financial Post'. The Pacific Northwest LNG project, located on Lelu Island in the Port Edward district, will liquefy and export natural gas produced in northeastern British Columbia
Royal Dutch Shell is committed to expansion in Russia, Chief Executive Ben van Beurden told Russian President Vladimir Putin at a meeting on Friday amid sanctions imposed on the country after its annexation of Ukraine's Crimea region. Shell plans to expand Russia's only liquefied natural gas (LNG) plant with Russian partner Gazprom, he said at a meeting at Putin's residence. "We, of course, will pledge all the necessary administrative guidance and support
Minister of Petroleum, Bijan Zangeneh said that Iran and Belgium are in talks for possible floating production of liquefied natural gas (LNG) FLNG Unit off the Kharg Island in the Persian Gulf. The issue was brought up during Zangeneh’s talks with Belgian Secretary of
Asian liquefied natural gas (LNG) prices for December delivery rose this week, buoyed by a short-term tightness in supply, though an imminent wave of new projects is expected to put prices under pressure in the new year. The price of Asian spot cargoes for December delivery rose to $7
The State of Alaska has finalized a deal with TransCanada to buy out the pipeline company's share in the proposed Alaska liquefied natural gas export project for nearly $65 million. Alaska has completed the buyout of TransCanada’s interest in the Alaska LNG project
Oslo-listed Hoegh LNG, whose floating plants turn liquefied natural gas (LNG) into gas, reported on Monday third-quarter earnings below forecasts and offered a dividend of $0.10 as expected. Its earnings before interest, tax, depreciation and amortisation (EBITDA) swung to a profit of $26
Australia's Gladstone liquefied natural gas (LNG) production plant coming on stream in September is expected next week to offer up to six commissioning cargoes for sale between October and December, trade sources said. Gladstone LNG, led by Australia's Santos
The massive $27 billion Yamal LNG liquefied-natural-gas venture in the Arctic Circle, a centerpiece of President Vladimir Putin’s plan for Russia has been squeezed by U.S. restrictions on OAO Novatek, says a report in the WSJ.
South Korean shipyard Hyundai Heavy Industries (HHI) has ordered two seawater/propane based regasification modules from Wärtsilä. The systems are to be installed on floating storage and regasification unit (FSRU) vessels owned by Höegh LNG
Gas seen as key to help resolve power crisis; gas could be sourced from Nigeria, Angola, Mozambique. South Africa could build its first 20 billion rand ($1.4 billion) liquefied natural gas (LNG) import facility at the west coast port of Saldanha Bay to feed gas-to-power projects aimed at easing
Press release - Accidental release of cryogenic liquids such as liquefied natural gas (LNG) poses a significant risk to personnel and assets on oil and gas installations. In addressing these risks, Lloyd’s Register Energy has developed a guidance note that provides a consistent methodology
DNV GL has secured a contract to provide in-service verification and classification services to a range of facilities at the Ichthys LNG project in Australia. The contract marks INPEX’s commitment to continue working with DNV GL as it prepares to transition from the project
The Bahrain National Oil and Gas Authority (NOGA) will award a $400 million Liquefied Natural Gas (LNG) terminal contract next month, Energy Minister Abdulhussain Mirza told local media this week. The LNG terminal will be constructed near Khalifa Bin Salman Port
Iran is projected to officially join the LNG Exporters Club in the next two years, managing Director of National Iranian Oil Company Rokneddin Javadi was quoted as saying by Mehr News Agency. Establishing new LNG production units instead of constructing pipeline tops Iran's agenda
LNG exports from Sabine Pass to start in January. Cheniere Energy expects to start receiving natural gas to convert into super-chilled liquid fuel at its first U.S. LNG export terminal before the end of the year, with shipments to start in January, its chief executive said on Monday.
A new liquefied natural gas (LNG) storage and regasification barge concept introduced by Wärtsilä's Marine Solutions and Energy Solutions businesses aims to provide a flexible means of meeting small- to medium-scale requirements where pure land-based LNG options are limited.
When Cheniere Energy opened a new liquefied natural gas import terminal in Louisiana in 2008, a U.S. shale drilling boom quickly made it obsolete. Seven years on, with the Houston-based firm about to open a landmark export plant on the same site, the timing, again, is far from ideal.