Lng Processing

ABB Wins Orders on Australia's Large Ichthys LNG project

ABB wins orders worth US$ 80-million in connection with one of Australia’s largest oil and gas developments offshore Darwin, Northern Australia The contract is to supply power technologies and medium-voltage drive systems for the new Ichthys liquefied natural gas (LNG) project’s processing plant near Darwin, Australia. The equipment will power the plant and control the compressors that liquefy the gas. Approximately half of the order value was booked at the end of the first quarter with follow through orders in the second quarter. Gas from the Ichthys Field, in the Browse Basin approximately 200 kilometers (km) off the coast of Western Australia, will undergo preliminary processing offshore to remove water and extract condensate. The gas will then be exported to onshore processing facilities in Darwin via an 889 km subsea pipeline. The Ichthys LNG project is expected to produce 8.4 million tonnes of LNG and 1.6 million tonnes of LPG per annum, along with approximately 100,000 barrels of condensate per day at peak. ABB’s equipment will facilitate the main power supply for the onshore dual train LNG processing facility and control the compressors that liquefy the gas collected from the offshore field. ABB will design and deliver a power supply solution for the LNG processing facility, including supply of key equipment such as power and distribution transformers, medium-voltage switchgear, low-voltage motor control centers (MCC)

J. Ray McDermott Wins Offshore LNG Contract

McDermott International, Inc. announced that a subsidiary of J.Ray McDermott, S.A. has been awarded a contract by Ras Laffan Liquefied Natural Gas Company Limited (3) to provide engineering, procurement, construction and installation services for new facilities in Qatar’s North Field, as part of the Phase 2 Offshore Expansion Project. Contracts of this type are typically valued at approximately $0.5 billion. “RasGas is a valued client of J

Eni Awarded Arguni I Exploration License, Indonesia

In the 2nd Indonesian International Bid Round 2010, Eni has been awarded the 100% participation interest and operatorship of Block Arguni I located on and offshore in the West Papua Province, Eastern Indonesia. The Block Arguni I covers an area of 5,386 square km in the Bintuni Basin, a mainly gas prone, prolific hydrocarbon province, with several giant gas discoveries already in production. The deal involves the drilling of 2 wells and the carrying out of 500 km of 2D and 200 square km of

Coast Guard Recommends Maine LNG Facility

The Coast Guard recommended to the Federal Energy Regulatory Commission that the waterways associated with the Calais LNG, LLC proposal to construct an LNG facility in Calais, Maine, are suitable for LNG vessel transits provided certain safety and security actions are taken as part of the permit. The Coast Guard's role in the process was to assess the safety and security issues associated with LNG tankers transiting the Passamaquoddy Bay and the St. Croix River.

Braemar Engineering Announce One Stop Shop for LNG Fueliing

Braemar Engineering, the marine engineering consultancy arm within the Braemar Shipping Services Group, has launched a new venture which recognizes the growing importance of LNG as a global maritime fuel source.   It will be taking its experience and skills in dynamic positioning (DP), LNG in the marine environment, and LNG supply, and applying them to a new operation that will advise on every aspect of the use of LNG as a fuel source in the offshore sector.

Exmar, Excelerate Alliance for FLSO Solution

Exmar announced the formation of an alliance to advance its efforts in the development of floating liquefaction solutions. Exmar has formalized a relationship with its long-time LNG partner, Excelerate, and with Black & Veatch, a provider of natural gas processing and liquefaction technology. “This partnership forms a basis for the development of the first floating liquefaction, storage and offloading solution in the world" said Nicolas Saverys

Daewoo May Beat Shell as First Floating LNG Vessel Operator

According to a Sept 15 report from Bloomberg, Daewoo Shipbuilding & Marine Engineering Co. said its Papua New Guinea energy venture may beat Royal Dutch Shell Plc to become the first operator of a floating liquefied natural gas production vessel. The venture could begin using a floating LNG unit in 2014 to process gas from an onshore field, Kim Jin Seok, chief executive officer of DSME E&R Ltd., the shipbuilder’s oil and gas arm, said in an interview in Seoul

RTM STAR Center First US institution Certified to SIGTTO LNG Standards

American Bureau of Shipping Consulting (ABS Consulting) has certified RTM STAR Center’s Tankship Liquefied Gases course as meeting all the requirements of the Society of International Gas Tanker & Terminal Operators, Ltd. (SIGTTO), LNG Shipping Suggested Competency Standards. This makes RTM STAR Center the first and only training organization in the U.S.A., and one of only eight organizations in the world, to be accredited or certified as meeting the SIGTTO standards

Frozen Gas Market Heats Up

While seemingly miniscule in terms of deadweight tons ordered and delivered per year as compared to the shipbuilding business as a whole, the production of gas tankers, LNG and LPG, are high-value, high prestige orders that are likely to rise significantly in the coming years. Consistently high oil prices have effectively forced the production and processing of gas, and the current trend is towards increased usage of this valuable commodity

LNG Shipping's Dream Run Over?

Drewry's latest 'LNG Insight' saw heating demand subside in major importing regions in February & cargo availablilty also tightened. Regarding cargo availability, a few unplanned shutdowns, caused a 4% decline in the LNG  Freight Index. LNG shipping enjoyed a dream run during 2011 and 2012, owing largely to increasing tonne-mile demand and an almost stagnant fleet. Freight market prospects would be even brighter if fleet supply were to remain at current levels