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The Australian government said mega LNG projects have continued to drive investment in the nation's resource and energy sectors over the past six months despite a slight fall in project value and progress, though things are about to change because of the oil slump.
Two of North America's largest future liquefied natural gas producers, Alaska and the Canadian province of British Columbia, have signed an agreement to strengthen cross-border partnerships in many areas of common interest, including resources and the environment.
Delek Group, the Israeli natural gas and LNG developer in the East Mediterranean, said its subsidiaries had signed a preliminary agreement to supply Egypt from the Leviathan natural gas field.
BG Group said it has started full commercial operations for its second liquefaction Train at its Queensland Curtis coal-seam-gas-to-LNG plant on Curtis Island, near the port of Gladstone, after it was formally handed over by the contractors.
MEO Australia, the exploration and production company, has set its sights on offshore Cuba now that US sanctions have been lifted, while still keeping alive its Tassie Shoal LNG project in the Timor Sea, coupled with offshore Australian feed-gas that could reach a processing plant when a new pipeline is…
The US Sabine Pass LNG export plant being built by engineers Bechtel at the existing import terminal in Louisiana is at just over 96 percent completion, about 2 percent less than the agreed schedule, though a first cargo is expected to be shipped early in the New Year.
KBR Inc., the US engineering company, was awarded a contract by an LNG export venture on the US Gulf coast headed by former Louisiana Governor Charles E. Roemer.
Woodside Petroleum has awarded another engineering services contract for the Browse Floating LNG project being developed with partners offshore Western Australia.
Noble Energy of the US has signed an agreement to sell a portion of its interest in Block 12 offshore Cyprus to a BG Group subsidiary looking at the East Mediterranean field as possible feed-gas supply for its liquefaction plant in Egypt.
The United States is well positioned to become a key player in global liquefied natural gas as its proved reserves have soared again, posting a 10 percent rise in 2014 to a record 388.8 trillion cubic feet even as lower prices have curtailed drilling activity and reduced operating economics.