TOPICS OF INTEREST
GAS CONVERSION (LNG/GTL)
Asian LNG Demand Growth Makes US, Canada Producers Go the Distance in Transport Costs
DNV estimates that gas will be the world’s primary energy source by the mid-2020s. Growth in LNG capacity is expected as the midstream sector invests in connecting shifting sources of gas with changing demand centers. Other factors also will drive the globalization of gas trading markets.
Exxon, Rosneft To Partner on LNG Plant in Russia’s Far East
Japan’s SODECO and India’s ONGC Videsh are joining the consortium on the LNG plant, which will be carried out within the framework of the Sakhalin-1 hydrocarbon project in the Okhotsk Sea.
Steelhead LNG Submits Kwispaa Facility Overview to Canadian Regulators
Canadian agencies will begin establishing the scope of environmental assessment of the project, which is scheduled to start up in 2024.
China, AGDC Reaffirm Commitment to Alaska LNG Project
Despite the uncertainty spawned by China’s recent decision to levy tariffs on US LNG imports, AGDC said it is still targeting a sale and purchase agreement with Chinese companies by the end of this year.
LNG Canada Gets Real With Country’s First Gas Export Facility
After years of near-misses, a Shell-led partnership is building the first liquefied natural gas export facility in Canada. It creates a much-needed export market for producers facing a gas glut, but more is needed.
What Does China’s LNG Import Tax Mean for the US?
Industry analysts fear bad news for producers, as Chinese demand is expected to be a significant driver in new LNG production. China accounted for 15% of US LNG exports in 2017.
Cheniere and Vitol Sign Long-Term LNG Deal
The contract calls for Vitol to purchase 700,000 tonnes annually over a 15-year period, providing some optimism for companies hoping to secure similar long-term deals.
Private Equity Backs First Sub-Saharan Africa Regas Terminal
The construction of an LNG regasification terminal in Tema, Ghana, in addition to the first delivery of gas from the offshore Sankofa field in August, is decreasing the country’s reliance on liquid fuels and imports. About 80% of its power generation requirements will be met with gas.
Eni Cuts First Steel for Coral South FLNG Vessel Hull
The ceremonial event took place at Geoje Island, South Korea. Startup of LNG production in offshore Mozambique’s Area 4 is expected in 2022.
Qatargas and PetroChina Sign 22-Year Deal
Qatargas will provide 3.4 mtpa of LNG to China. PetroChina signed a 22-year agreement with the world's largest LNG-producing company.
Upstream Natural Gas Capex Forecast To Peak in 2025
Gas is forecast to overtake oil as the world’s primary energy source in 2026. LNG, with capacity expected to double by the late 2040s, will connect the shifting sources of gas with changing demand centers.
LNG To Be Used in Electric Peak Load Shaving
The engineering company Cosmodyne will work directly with the utility company and its EPC contractor for the project, which will utilize its LINEX natural gas liquefier.
Driftwood LNG Terminal Construction Scheduled for 2019
Tellurian remains on track to receive all regulatory approvals and begin work on the export terminal in Louisiana, with an eye on a 2023 startup.
LNG Moves Closer To Becoming a Fuel for Marine Vessels
Three companies are collaborating to develop the equipment needed to make LNG a feasible alternative fuel for ship owners and operators.
Natural Gas Pipeline Capacity to South Central US To Reach 19 Bcf/D by Year's End
With new projects scheduled to come on line later this year, the region, which mostly comprises states along the US Gulf Coast, will shift from being a source of natural gas supply to a source of growing demand.
KBR Awarded FEED Contract for Nigeria LNG Project
KBR will head a joint venture with TechnipFMC and JGC to provide a basic design package and EPC bid for the Bonny Island expansion.
Gas Flowing From Ichthys LNG Project
The long-awaited Ichthys LNG Project off Western Australia has finally started gas production. LNG liquefaction is expected in a few weeks.
TechnipFMC Nets Contract for Gorgon Stage 2
The contract covers the installation of umbilicals, flying leads, and manifolds for the project, which aims to expand and upgrade subsea facilities for the gas field located offshore western Australia.
Bureau Veritas Issues FSU, FSRU Conversion Guidelines
With interest in FSRUs and FSUs picking up, the conversion of LNG carriers offers a fast route to operational availability.
Development Plan for Rovuma LNG Phase 1 Submitted to Mozambique Government
Mozambique Rovuma Venture submitted the development plan for the first phase of the project, which will produce, liquefy, and market natural gas from the Mamba fields located in the Area 4 block offshore Mozambique. An FID is scheduled next year, with production expected to begin in 2024.
Total Acquires Engie’s LNG Assets, Becomes No. 2 in Global Market
The $1.5-billion deal delivers a world market share of 10%, including a 16.6% stake in the US Cameron LNG project.
Alaska LNG Project Seeks Investors
The Alaska Gasline Development Corp., a state-owned corporation, is preparing an equity offering for this summer for its $43-billion LNG project. BP agreed to sell natural gas from Prudhoe Bay for export to Asia-Pacific.
Investigation Begins of Leak at Hammerfest LNG
The Petroleum Safety Authority Norway launched an investigation into an LNG leak at the Hammerfest LNG plant on 17 June.
Growth in Global LNG Trade Continues To Rise
A new report from GIIGNL shows increased liquefaction capacity in Australia and the US as the key drivers in LNG supply growth, while Asia has been the leader in global LNG import growth.
Cheniere Seeks Permit To Feed Gas To Corpus Christi LNG Train
Cheniere Energy requested issuance of the feedstock permit from FERC by 29 June. The FID for Train 3, estimated at approximately $3 billion, was announced last month. Bechtel got the green light to proceed with EPC work, subcontracting with BHGE for the gas turbines to drive compressors.
US LNG Facilities: A Closer Look
The US is expected to add more than 6 Bcf/D in liquefaction capacity over the next 3 years thanks to a slew of new facilities expected to be commissioned. This database shows the facilities currently producing and those that are scheduled to start up.
Financing FLNG Facilities—What Lies Ahead?
Although the FLNG concept has been around for decades, only three units are in the water and operational or under commissioning as of 2018. As the mitigation of technological risks is demonstrated, commercial risks become the focal point and the challenge to financing the capital-intensive projects.
First Cargo Confirmed for Yamal LNG Plant
TechnipFMC confirms the December shipment of LNG from its new facility in northern Russia, one of the largest integrated LNG projects in the world.
McDermott, BHGE Appointed for Joint FEED Studies on Tortue/Ahmeyim Field
The two companies will collaborate to define the technology and equipment scope for an initial four-well development phase for BP’s major West African offshore gas project.
ExxonMobil Completes LNG Acquisition in Mozambique Area 4
ExxonMobil will lead the construction and operation of all future natural gas liquefaction and related facilities and assume midstream operations in Mozambique’s Area 4. Eni will continue to lead the Coral floating LNG project and all upstream operations.
US LNG Exports Expected To Increase as New Facilities Come On Line
The US Energy Information Administration reports that increased liquefaction and utilization from new facilities has led to a jump in LNG exports in 2017.
Getting Ahead of the Curve—Front-End Loading HSE in Major Projects
A proactive approach with EPC contract bidders to front-end load HSE strategies will pay dividends. This paper discusses the HSE management strategy for the Lake Charles Liquefied Natural Gas project.
Partnership Targets Stranded Fields With Fast-Deployment FLNG Vessels
Add Energy has partnered with Transborders Energy and will work with TechnipFMC and MODEC to develop a 1.0-MTPA FLNG vessel for small-scale stranded fields.
More Contracts Awarded for Mozambique’s Coral South FLNG Project
Air Products, BHGE, Norsafe, and Sofec won contracts for Eni’s Coral South FLNG project in Mozambique.
BHGE Wins Historic Services Contract for Twinza's Pasca A
Baker Hughes, a GE company, agreed to provide services and equipment for Twinza’s Pasca A field development, Papua New Guinea’s first offshore gas field.
Cryogenic Hose Technology: Transfer Solutions Keep Pace with the March of LNG
Global trade for LNG is projected to rise by 50% by 2020. There is a clear acceleration in demand for small- and medium-scale LNG, necessitating splitting of LNG into smaller load parcels. Transfer methods applicable to deeper water, smaller LNG carriers, and harsh environments are critical.
Petronas Nixes the Pacific Northwest LNG Megaproject
Petronas cancels plans for the development of the Pacific Northwest LNG project in British Columbia intended to take away natural gas from the Montney formation for shipping to Asian countries. Low LNG prices strike a blow to the feasibility of the project.
Taking on the Arctic With New Concepts
New approaches to arctic activities include a concept for an offshore ice-resistant LNG export terminal, the design of subsea pipelines, and the optimal routing for the pipelines to mitigate the unique risks in arctic regions such as ice-gouging and permafrost thaw.
Prelude FLNG Takes to the Seas
The Prelude FLNG begins the 3,600-mile journey from South Korea to northwest Australia; expected to remain at final destination for 20–25 years.
Eni Finalizes Mozambique FLNG Investment, Contract Rollouts Begin
Eni finalized a USD 7-billion investment in the Coral South FLNG project, the first offshore development in Mozambique. Service and equipment providers are announcing their awarded contracts.
Commercial GTL Project Opens in Southeast Texas
A recently opened plant in Wharton marks the first small-scale commercial gas-to-liquids project in the state of Texas.
FLNG Outlook – Pioneering Export Facility Arrives; While Regasification Units Increase
Douglas Westwoods' world FLNG market forecast for the period 2016-2022. A stormy ride is expected for the LNG industry, as the fall in natural gas prices limits investment in capital-intensive liquefaction projects.
A Deeper Look At Modularization In Facilities Construction
As operators look to reduce the time and cost for projects, adopting a modular approach to facility design. While this approach may provide some benefits, it may not be the most efficient path.
Challenges in a Multidisciplinary Approach for Explosion Design for Floating Facilities
Floating LNG (FLNG) units have a higher risk of explosion than onshore plants because of the limited and congested environment on the ship. This paper focuses on proper design to address this hazard.
Cryogenic Tanks Recertification: Case Study for Operational-Life Extension
This paper provides a benchmarking of different cryogenic tanks in terms of operation life and type of containment (single- vs. double-containment tanks) in the LNG industry. The different options adopted to recertify these tanks are covered.
LNG Capital Expenditure To Total USD 259 Billion in the Next 5 Years
Growing world demand for natural gas will drive increases in capital expenditures on LNG through 2019.
GTL FPSO—An Alternative Solution to Offshore Stranded Gas
Roughly one-half of global gas reserves are considered stranded gas--uneconomical because of the remote location of potential markets, lack of economic transportation and infrastructure, or the lack of conversion technology. An FPSO with gas to liquids conversion is an option for stranded gas.
Will LNG Plants Meet a Growing Demand for Clean Energy?
LNG will increasingly be the way to bring stranded gas to market so that it can meet demands for clean-burning fuels. LNG basics for engineers was the subject of a recent webinar presentation.
Global Capital Expenditure on LNG Facilities Continues Upward Trend From 2013 to 2017
Strong demand for natural gas is driving a recovery in liquefied natural gas (LNG) expenditures worldwide, with expenditures expected to reach USD 228 billion in the next five years.
Significant Growth Forecast for Capital Expenditure in Floating Liquefied Natural Gas
Increasing gas demand and the requirement for short-term to medium-term import solutions have led to rapid growth in the floating regasification sector in recent years.
Pacific Basin Activity To Drive LNG Import and Export
From 2006 to 2010, much of the liquefied natural gas (LNG) export construction activity occurred in the Middle East, in particular Qatar.
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24 October 2018
06 November 2018
07 November 2018
24 October 2018
ITEMS OF NOTE
07 August 2018
20 July 2018
16 February 2018
18 December 2017
28 November 2017