BP, ExxonMobil in Alaska LNG Deal
Alaska Gasline Development Corp (AGDC) has signed an agreement with BP and Exxon Mobil to help advance the state-owned company's proposed $43.4 billion Alaska liquefied natural gas (LNG) project.According to the agreement, the concerned parties would work together to identify ways to improve the Alaska LNG project ’s competitiveness, and progress the Federal Energy Regulatory Commission authorization to construct the project.AGDC Interim President Joe Dubler said, “Our respective organizations share an interest in the successful commercialization of Alaska’s stranded North Slope natural gas.
FERC Approves Venture Global LNG Terminal
The Federal Energy Regulatory Commission (FERC) cleared Venture Global Calcasieu Pass LLC’s proposed liquefied natural gas export project in Cameron Parish, Louisiana, marking the first authorization in two years for a new LNG export facility.Venture Global LNG Inc. said it will start construction immediately on its $5 billion Calcasieu Pass liquefied natural gas export terminal in Louisiana. FERC also cleared TransCameron Pipeline LLC’s associated natural gas pipeline."With our FERC order in hand and our project contracted with binding 20-year sale and purchase agreements (SPAs) with Shell…
Bahrain's First LNG Terminal Ready for Business
Bahrain expected to start LNG imports early this year; FSU on 20-year time charter to Bahrain LNG arrives in the GulfBahrain's first liquefied natural gas (LNG) floating unit arrived in the Gulf this week as the country gets ready for its maiden imports of the super-chilled fuel this year, data from Refinitiv Eikon showed.Bahrain Spirit, a floating storage unit (FSU) with a capacity of about 173,000 cubic meters, is currently anchored in Fujairah after docking in the United Arab Emirates region on Jan. 13, the data showed.The FSU is on a 20-year charter to Bahrain LNG, who is the developer of a wider receiving and regasification terminal within the Khalifa bin Salman Port facility…
BP Energy Partners Acquires Cryopeak LNG Solutions
The private equity firm focused on the energy industry BP Energy Partners (BPEP), LLC announced it has purchased a controlling interest in Cryopeak LNG Solutions Corp, a customer-centric liquified natural gas (LNG) solutions company.Cryopeak will become a portfolio company in BPEP's second private equity fund, BP Natural Gas Opportunity Partners II, LP. In addition to the controlling interest acquisition, BPEP will also commit additional capital to Cryopeak to support its continued…
Gas Pipeline Fire Closes Intracoastal Waterway
The United States Coast Guard said it responded to a natural gas pipeline fire near Port O'Connor, Texas, on Tuesday evening.The agency was notified of the incident by vessel Jonathon King Boyd, which was on fire after hitting a gas pipeline while conducting dredging operations.The Intracoastal Waterway is closed to traffic from mile marker 468 to 474 to include the Matagorda Ship Channel from the jetties to 7 nautical miles (13 km) inside the bay.The impacted pipeline has been secured and the remaining gas is residual, the Coast Guard said.Reporting by Apeksha Nair
Trump's Steel Import Tariffs May Hurt US LNG Exports
U.S. natural gas trade groups said on Thursday they are concerned that new U.S. steel import tariffs could delay or reduce new pipeline projects as well as dent exports of liquefied natural gas. U.S. President Donald Trump said on Thursday the United States will impose tariffs of 25 percent on steel imports and 10 percent on imported aluminum next week. The type of pipe and the steel used to make large diameter, thick-walled pipe used for interstate natural gas pipeline projects are niche products that are not available off the shelf or even from a wide variety of manufacturers…
Peru Resumes LNG Exports after Pipeline Rupture
Peru has exported its first shipment of liquefied natural gas (LNG) in three weeks after a pipeline rupture in the jungle disrupted production, the state energy agency Perupetro said on Tuesday. The ship Barcelona Knutsen departed Peru for South Korea on Monday with 170,999 cubic meters (6,038,772 cubic feet) of fuel from the Pampa Melchorita plant, which is operated by the consortium Peru LNG, Perupetro said in a report. U.S.-based Hunt Oil has a 40 percent stake in Peru LNG. Royal Dutch Shell Plc, Japan's Marubeni Corp and other companies have smaller stakes in the consortium.
US LNG Exports to Increase: EIA
U.S. Energy Information Administration (EIA)'s latest Short-Term Energy Outlook projects that the United States will export more natural gas than it imports in 2017. The U.S. has been a net exporter for three of the past four months and is expected to continue to export more natural gas than it imports for the rest of 2017 and throughout 2018. The nation’ status as a net exporter is expected to continue past 2018 because of growing U.S. natural gas exports to Mexico, declining pipeline imports from Canada, and increasing exports of liquefied natural gas (LNG). The U.S.
Golar, Delfin to Jointly Develop US FLNG Project
A joint development agreement between Delfin Midstream and Golar LNG Limited will see the two jointly develop the Delfin LNG project off the coast of Cameron Parish, La. The joint development agreement will facilitate the financing, marketing, construction, development and operation of Delfin LNG, the first and only permitted floating LNG (FLNG) export project in the U.S. Delfin LNG is a brownfield Deepwater Port requiring minimal additional infrastructure investment to support up to four FLNG vessels producing up to 13 million metric tons of LNG per annum. Delfin purchased the UTOS pipeline, the largest natural gas pipeline in the Gulf of Mexico, in 2014 and submitted its Deepwater Port license application in 2015.
Louisiana Cat Expands in New Iberia
Louisiana Gov. John Bel Edwards and General Product Support Manager Troy Matherne of Louisiana Machinery Company announced the company will add 60 jobs and expand its New Iberia operations. Known as Louisiana Cat, the company rebuilds and services engines and related equipment for marine, oil and gas, industrial and utility companies at the Port of Iberia. Louisiana Cat’s expansion calls for the addition of 60 new direct jobs over the next five years, with the jobs carrying an average annual salary of $60,000, plus benefits. Louisiana Economic Development estimates the project also will result in 28 new indirect jobs, for a total of 88 new jobs in Iberia Parish, Acadiana and the surrounding regions. A total of 130 existing jobs at the Iberia Parish company will be retained.
Krill Expands Energy Monitoring Lineup
Krill Systems Inc. said it has completed its phase 2 product development cycle with the recently introduced Krill Regasification Monitoring Center (KRMC). Krill identified this phase of its business plan as the ability to supply a comprehensive range of energy monitoring products which deliver solutions to many the aspects demanded by the oil and gas industry to control energy operating costs. In phase 1, Krill said its focus was on developing Vessel Fuel Management Systems (VFMS) with high accuracy, reliability and features demanded by professional offshore and on shore commercial operators. The basic VFMS system was further developed…
Allseas Bags Nord Stream 2 Project Contract
Following an international tender process, Nord Stream 2 AG have awarded a contract for offshore pipelay of the Nord Stream 2 natural gas pipeline through the Baltic Sea to Allseas. The company will undertake offshore pipelay works for both lines in 2018 and 2019. Allseas will use three pipelaying vessels – Pioneering Spirit, Solitaire and Audacia. The utilisation of the dynamically-positioned pipelay vessels, which are able to carry out precise maneuvering without anchors, should ensure additional environmental protection and safety in the congested Baltic Sea.
NextDecade Takes Aim at Texas City for LNG Export
NextDecade LLC has signed lease agreements with the State of Texas and City of Texas City for a close to 1,000-acre site at Shoal Point for the potential development of a multi-billion dollar liquefied natural gas (LNG) export facility. Texas City owns almost 376 acres at Shoal Point, while the Texas General Land Office manages the adjoining 618 acres of state land. The agreement comes as the State of Texas continues to draw international attention following significant new natural gas finds totaling over 90 trillion cubic feet (tcf) in 2016 and as global buyers increasingly seek new…
CNOOC Diverted Two LNG Cargoes from Tianjin After Pipeline Fire
China's state-owned energy company CNOOC diverted two cargoes of imported liquefied natural gas (LNG) after a pipeline fire in northern China's Tianjin, though imports were normal as of Monday, traders with knowledge of the matter said on Tuesday. Reuters reported on Dec. 28 that a natural gas pipeline in Tianjin was closed after it ruptured and caught fire. Two sources with knowledge of CNOOC's gas operations in Tianjin said CNOOC diverted the LNG cargoes after the accident on the pipeline, which is connected to a domestic gas consumer. "Imports are now back to normal," said one source, adding that the cargoes were sold back to the supplier under force majeure terms. The source did not give further details. A CNOOC press official was not immediately able to comment.
Crowley Wins LNG Supply Deal in Puerto Rico
Crowley Maritime Corp. said its liquefied natural gas (LNG) services group has been awarded a multi-year contract to supply containerized LNG from the U.S. mainland to Molinos de Puerto Rico, the Caribbean arm of Ardent Mills LLC, supplier of flour, wheat, corn and rice-based food ingredients. The contract was executed through Crowley’s subsidiary Carib Energy (USA) LLC, and includes both the supply and transportation of LNG. The transportation of LNG from liquefaction facilities on the mainland to Molinos’ plant will be managed by Crowley’s domestic logistics team…
Bulgaria, Greece to Consider Greek LNG terminal
Bulgarian state energy holding company BEH and Greek natural gas company Gastrade have set up a joint task force to prepare a proposal to build an off-shore liquefied natural gas (LNG) terminal in northern Greece, Gastrade said on Tuesday. Greece currently has one LNG terminal on an islet off Athens and Gastrade, part of Greek energy group Copelouzos, is planning a second LNG terminal near the northern city of Alexandroupolis. The task force will prepare and submit a proposal to the Bulgarian government for the best possible way to take part in the project, Gastrade said in a statement. The facility, with an estimated annual capacity of 6.1 billion cubic metres (bcm)…
Conquest Installs 850t Crane on Allseas Solitaire
Conquest Offshore was contracted by Allseas to remove a 300-ton crane and transport and install a 850-ton Huisman crane on board of one of the largest pipe-lay vessels in the world, Allseas Solitaire. The 397-meter vessel MV Solitaire is the largest ship ever to have passed IJmuiden’s massive sea lock after which the ship was berthed at Dutch Offshore Base in Amsterdam. The pipe-laying vessel is used for the construction of natural gas pipeline systems and oil pipelines. Before the vessel is scheduled to return to sea in summer 2016…
U.S. Senate Starts Debate on Broad Energy Bill
The U.S. Senate on Wednesday began debate on the country's first major energy bill in over eight years, featuring measures aimed at protecting the electric power grid against cyber attacks and speeding the export of liquefied natural gas. Alaska Senator Lisa Murkowski, Republican chair of the Senate energy committee and Washington Senator Maria Cantwell, its ranking Democrat, urged lawmakers not to thwart passage of the bipartisan bill, which cleared their panel in an 18-4 vote. A handful of senators were preparing to file amendments to the bill later on Wednesday, to address more contentious energy issues. These were expected to include a measure to repeal a moratorium on coal development on federal land introduced this month by the Interior Department. "Let's show the Senate can work.
Six More Bodies Found After Azeri Oil Platform Fire
The bodies of six oil workers missing from an Azeri oil platform in the Caspian Sea that caught fire on Friday have been found, the state energy company SOCAR said on Monday. It said a helicopter search for the other missing would continue at daybreak. Out of the 62 people who were on the Guneshli oil rig when the fire started, one was confirmed dead on Sunday and 33 were rescued. Efforts were also continuing to try to put the fire out. "As of now, at least one well is on fire," said Balamirza Alirahimov, chief engineer at Azneft, SOCAR's production union. The fire started on Friday after a storm caused some of the platform's production equipment to collapse, damaging a natural gas pipeline. The platform had daily production of 920 tonnes of oil and 1.08 million cubic metres of gas.
Magnolia LNG Receives Final FEIS
Liquefied Natural Gas Limited and Magnolia LNG LLC (Magnolia) announced that the United States Federal Energy Regulatory Commission (FERC) issued the Final Environmental Impact Statement (FEIS) for the Magnolia LNG (MLNG) project in Lake Charles, Louisiana, and the associated Kinder Morgan Louisiana Pipeline (KMLP) Lake Charles Expansion Project on 13 November 2015. Issuance of the FEIS represents the culmination of FERC Staff’s environmental and safety review of the proposed MLNG and KMLP projects.
Two Injured in Pipeline Blaze off Louisiana
A natural gas pipeline has caught fire approximately 25 miles south of Marsh Island, La., Wednesday, injuring two vessel crew members working on the pipeline, according to the U.S. Coast Guard. Coast Guard watchstanders in New Orleans were notified at 8:30 p.m. Wednesday that a natural gas pipeline had ruptured and was ablaze. Sector New Orleans directed the launch of a HC-144 Ocean Sentry fixed-wing aircraft crew from Aviation Training Center Mobile to monitor the situation. The dive operation vessel Ms. Kerci was working on the pipeline at the time of the rupture. Two crew members aboard the vessel were injured and are being escorted to Houma, La. The pipeline is reported to be extinguished, the Coast Guard said. The cause of the incident is under investigation.
Diverse Seaway Cargoes Keep U.S. Ports Bustling in July
While July Seaway traffic fluctuated across the various categories, U.S. ports handled a wide range of cargoes in July. “It was a solid month for our U.S. Great Lakes St. Lawrence Seaway System ports with more ships entering the Seaway System with aluminum, iron ore and salt,” said Betty Sutton, Administrator of the Saint Lawrence Seaway Development Corporation. Also notable was the increase in containers to the Ports of Detroit and Cleveland, wind turbines to the Port of Monroe and outbound shipments of grain from Duluth. “Short sea shipping is alive and well at the Port of Toledo,” said Joe Cappel, Vice President of Business Development for the Toledo-Lucas County Port Authority.
Gulf LNG Liquefaction Project on the Anvil
The Gulf LNG Liquefaction Project proposed by Kinder Morgan and minority partners officially filed Friday for federal approval to add exporting capabilities to an existing liquefied natural gas (LNG) terminal. The $8 billion LNG export project near Pascagoula, Mississippi is for adding export capabilities to a pre-existing LNG terminal there. Subject to obtaining sufficient long-term customer commitments, anticipated capital expenditures for the project at full development total approximately $8 billion.