Possible Delay in Chevron’s Delta LNG Production

Wednesday, November 09, 2005
According to a report in the Caracas Daily Journal, Chevron has found enough natural gas in Venezuela’s Orinoco Delta platform to warrant the country’s first LNG train. But Venezuela’s lacking gas infrastructure and indecisive construction plans have led some in the industry to wonder if Chevron will be forced to delay production. The Delta platform license issued by the energy ministry to Chevron last year stated that the company could submit a proposal to build pipe-lines from its fields to the planned CIGMA liquefied gas plant in the Paria Peninsula. But the government appeared to change its mind when state-run Petroleos de Venezuela (PDVSA) announced in August that it intended to build the pipelines by itself. The decision could delay production schedules for Chevron -- which has licenses for blocks 2 and 3 -- and for Norway’s Statoil -- which has a license for block 4. It could also postpone PDVSA’s goal to begin LNG exports by 2010. Source: Caracas Daily Journal

Marine Propulsion

MN100: Cummins Marine, Inc.

The Company: Cummins, Inc. is a corporation of complementary business units that design, manufacture, distribute and service engines and related technologies, including fuel systems,

USS Freedom Suffers Casualty

The U.S. Navy's first littoral combat ship USS Freedom (LCS 1) experienced a casualty to one of its main propulsion diesel engines (MPDE) on July 11 reportedly

C-Job Designs Flettner Freighter for Switijnk

The Dutch shipping company family Switijnk has contracted C-Job Naval Architects to develop a Rotor Sail-equipped design to meet their specific loading and sailing profile.

LNG

NASSCO Christens LNG-ready Tanker Constitution

On Saturday, August 27, shipbuilders at General Dynamics NASSCO celebrated the christening and launch of the Constitution, the sixth ship in a series of eight eco-friendly

Gasum, Wärtsilä Join Forces to develop Gas Value Chain

New joint co-operation between Gasum and Wärtsilä aims to develop the utilization and distribution of natural energy gases in marine and land markets. Gasum,

BP, ExxonMobil, ConocoPhillips 'Quit' Alaska LNG Project

BP, Conoco Phillips, and Exxon Mobil said that the 65-billion dollar megaproject would be too unprofitable for them to move into the next phase of development.

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Naval Architecture Navigation Offshore Oil Pipelines Salvage Ship Repair Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1012 sec (10 req/sec)