Lng Projects
FERC Issues Notice on Calhoun LNG Project
The Federal Energy Regulatory Commission (FERC) issued a Notice stating that a draft environmental impact statement has been prepared for the Calhoun LNG project. The project proposes construction and operation of a liquefied natural gas (LNG) import terminal at Point Comfort, Texas. Source: HK Law
LNG Project Costs Rise 21%
Woodside Petroleum Ltd said costs for the planned phase five expansion of its North-West Gas liquefied natural gas project are estimated to have risen by 21 pct to 2.42 bln aud because of higher labor charges. The company, 34 % owned by the Royal Dutch Shell group, said the spike in costs is largely due to a sharp rise, internationally, in labor charges in the construction industry. Woodside operates the project and is a one sixth owner alongside Royal Dutch Shell.
Funding Approved for China LNG Project
Newbridge Capital LLC, one of Asia's largest private equity funds, has signed an agreement to invest up to $200m in Xinjiang Guanghui's Liquefied Natural Gas project in China's northwestern Xinjiang region, an official with the Xinjiang Guanghui Group told XFN-Asia. Under the agreement, Newbridge Capital will initially invest $33.8m for a 24.99 pct stake in Xinjiang Guanghui LNG project and has the option to increase its share in the project to as much as 67 pct with an additional
NLNG Denies Project Delays
In response to press reports claiming delays, Nigeria Liquefied Natural Gas announced that its $5.7 billion LNG project is on schedule and is capable of fulfilling its contractual obligations, according to an AFX News report. NLNG has also taken measures to head off potential problems in the market, including a possible shortage in gas supply in 2006. The LNG project will supply much of the natural gas needs of Europe and the US in the coming decade. Source: AFX News
Neptune LNG Project Secures Deep Water Port License
MarAd has decided to issue a deepwater port license to SUEZ Energy North America's subsidiary, Neptune LNG LLC to build, own, and operate the Neptune offshore LNG delivery system in Massachusetts Bay. Neptune is the first offshore LNG project on the United States' East Coast to reach this milestone. The Neptune terminal will be based on the LNG Shuttle and Regasification Vessel System (SRV) developed by Höegh LNG.
New Foss Exec to Support Oil and LNG Projects
Mike O’Shea has been hired as Foss Maritime Company’s Vice President of Oil Field Services, a new position that reports to Foss’ president and chief operating officer. The new position was developed to meet Foss’ current and future oil and liquefied natural gas (LNG) customers’ needs and support large oil and gas projects in Alaska and other remote locations around the globe. O’Shea will be located in Anchorage, Alaska
Mexico Seeks To Lure LNG Projects
Struggling to meet a growing deficit in its natural gas supplies, Mexico is hoping that regulatory changes will lure new liquefied natural gas (LNG) projects by as early as September. Mexican government officials and interested companies discussed regulatory changes for new LNG terminals, which would help meet gas demands growing at a 10 percent clip annually, the ministry said. The move comes as Mexico fights to keep up with growing needs for the clean-burning fuel from both consumers and
Chinese LNG Project Progressing
A Chinese consortium led by China Offshore Oil Corp. (CNOOC) and oil major BP aim to complete a feasibility study for China's first liquefied natural gas (LNG) project by next June. An agreement for the supply of gas is also expected to be sealed in a similar timeframe, the official said. The Chinese consortium and BP plan to build a three million ton per year (tpy) LNG import terminal in southern Chinese province of Guangdong by the end of 2005
Governor Schwarzenegger Disapproves BHP Deepwater Port License
California Governor Arnold Schwarzenegger issued his formal disapproval to United States Maritime Administrator Sean T. Connaughton for the licensing of the BHP “Cabrillo Port” LNG deepwater port planned for construction off the coast of Ventura County, California. The Governor did however make it clear that he supports the state’s need for an increased LNG supply. Excerpts from the Governor’s letter follow: While I believe strongly that California needs to expand its access to natural
Hudong-Zhonghua Selected to Build LNG Carriers
Exxon Mobil Corporation (ExxonMobil) and Mitsui O.S.K. Lines, Ltd. (MOL) announced today that they have selected Hudong-Zhonghua Shipbuilding (Group) Co., Ltd. (Hudong), a subsidiary of China State Shipbuilding Corporation, to build four LNG carriers in . These carriers will provide LNG transportation from the Papua New Guinea (PNG) and Gorgon Jansz LNG projects and will be jointly owned by MOL and China Shipping (Group) Company (CS).
Dredging Contracts: Dutch Operator Shows Global Reach
Jan De Nul Group announce important contracts in Indonesia, Russia and Australia, and new giant dredger due soon from builders. In Indonesia an offshore island will be reclaimed. These works are a part of a large scale reclamation development north of Jakarta
Arctic LNG Plant Project Gets Green Light
Yamal LNG, a J/V between Russia’s Novatek and France’s Total, granted permission to build a liquefied natural gas plant in the Russian Arctic. The joint venture, majority-owned by Novatek with an 80 percent stake, received a positive assessment from the State Expert Commission for the
Russian Arctic LNG May Ship to Europe
The partners in Russia 's Yamal LNG project are in talks to ship cargoes to Britain & northwest Europe in winter, when heavy sea ice clogs routes to Asia. Under the plan, a fleet of around 14 LNG ice-breaking vessels will deliver Arctic gas from the project offshore northwest Siberia to
MHI : Landmark LNG Carrier Shipbuild Contract
On May 17, 2013, Mitsubishi Heavy Industries Ltd. (MHI) will sign an agreement with Mitsui O.S.K. Lines Ltd. (MOL) to build a Sayaendo series new-generation liquefied natural gas (LNG) carrier. Sayaendo series ships feature a unique structure that integrates the LNG tank cover with the ship hull
Australian Offshore LNG Project Chooses Intergraph Software
Intergraph® SmartPlant® Enterprise selected by operator, Inpex, to manage information for mega-project, Ichthys LNG. Inpex has implemented SmartPlant Enterprise solutions for the Ichthys LNG Project, including SmartPlant Enterprise for Owner Operators (SPO) as its information management
Subsea Tie-in Connectors: Aker to Deliver for Ichtys LNG Project
Aker Solutions contracted by a subsidiary of McDermott for the delivery of subsea tie-in connectors to the Australian Ichthys LNG Project. The scope of work in the contract, valued at NOK 500-million, includes the delivery of 6"-18" horizontal and vertical diverless tie-in connectors
Trelleborg Marine Systems Acquires SeaTechnik
Trelleborg Marine Systems, part of Trelleborg business area Offshore and Construction, has announced the acquisition of Sea Systems Technology Ltd. (SeaTechnik), a firm engaged in the design and manufacture of systems for safeguarding the transfer of LNG between liquefied natural gas (LNG)
Russian LNG Carrier Launched
Sovcomflot’s new state-of-the-art LNG carrier 'Velikiy Novgorod' launched from STX Offshore & Shipbuilding shipyard. The Velikiy Novgorod was ordered by OAO Sovcomflot for operations under a long-term agreement with Gazprom Global LNG (part of Gazprom) as the first of two vessels
NASSCO to Design TOTE LNG Propulsion Conversion
General Dynamics NASSCO, contract with Totem Ocean Trailer Express (TOTE) to design the conversion of two Orca-Class trailerships. The contract is to design the conversion of the company’s two existing Orca Class, diesel-electric trailerships to liquefied natural gas (LNG) propulsion
Russian Yard Expects Arctic-class LNG Carrier Contract
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
US LNG Exports: Pangea Project Gets Green Light
US Department of Energy grants Pangea LNG Project permission to export LNG from its South Texas LNG Project, Corpus Christi Bay. The U.S. Department of Energy has granted Pangea long-term, multi-contract authorization to export liquefied natural gas (LNG) to free trade agreement (FTA) nations.
Oil Majors Expand Far North Exploration Projects
Rosneft and ExxonMobil agree to collaborate in the search for offshore energy in the Russian Arctic & Far East, and Alaska. The two companies have agreed to expand their cooperation under their 2011 Strategic Cooperation Agreement to include an additional approximately 600
Keppel Secures $200 Million in Contracts
Keppel Offshore & Marine Ltd's (Keppel O&M) subsidiaries - Keppel FELS Brasil S.A. (Keppel FELS Brasil) and Keppel Shipyard Ltd (Keppel Shipyard) - have secured two contracts worth S$200 million from repeat customers. Keppel FELS Brasil's contract is with MODEC and Toyo Offshore
FLNG Support Facility Contract for Decmil Australia
Decmil Group wins $25-million Shell Australia contract in support of the Prelude Floating LNG facility in the Northern Territory. Decmil has been engaged by Shell as the principal contractor for construction of the Darwin Onshore Supply Base to support the Prelude Floating LNG Facility
LNG Offshore Mega-Project Contract for Phusion
UK headquartered Phusion appointed as Data Management Contractor (DMC) for the INPEX-led Ichthys LNG Mega-Project. The six-year contract is worth £11.5 million (AUD17.6m). The deal extends Phusion’s growing portfolio in Australia where the company is already engaged on the giant