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Tuesday, 01 October 2024
US engineering company, McDermott, via a consortium with Saipem and China Petroleum Engineering and Construction Corp, has been awarded the front-end engineering design (FEED) contract for Mozambique’s Rovuma LNG Phase 1 project. Rovuma is a joint venture between ExxonMobil Development Africa, Eni and CNODC Dutch Cooperatief.
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Monday, 30 September 2024
Houston-based Cheniere Energy’s Jack Fusco wants to set the rules to measure LNG’s environmental impact. This would be achieved by utilising methane tracking technologies and the company’s position as the US’ top LNG exporter.
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Monday, 30 September 2024
Malaysian energy giant, and Japanese trading house Mitsubishi Corp have signed new investment agreements for Malaysia LNG’s ‘Dua’ and ‘Tiga’ lasting for the next decade. Mitsubishi Corp extended its 10% equity shareholding in MLNG ‘Dua’, and reinvested 10% cent equity shareholding in MLNG ‘Tiga’.
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Monday, 30 September 2024
Free ReadAsian LNG spot rates were described as flat last week, due to muted demand in northeast Asia. The average estimated price for November deliveries into the region was $13.10 per MMBtu, industry sources told Reuters. European storage levels were said to be about 93% full, which is likely to remain…
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Monday, 30 September 2024
Last week, US Texan Republican Senators, Ted Cruz and John Cornyn introduced the Protect LNG Act, which was aimed at ensuring that a US court cannot vacate a previously authorised LNG permit, as has happened recently.
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Monday, 30 September 2024
November gas future contract at Henry Hub soared to $2.932/MMBtu after hurricane Helene made landfall with a windspeed of 140mph in Florida’s Big Bend region. Though LNG infrastructure was not impacted, offshore gas production in the US Gulf of Mexico (GOM) fell by nearly 10 bcf as developers took precautions.
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Friday, 27 September 2024
The UK has followed the US’ lead by sanctioning five ships and two entities involved in the Russian LNG sector. This is the first time the UK has used its new ship specification power to target LNGCs directly.
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Friday, 27 September 2024
Free ReadSouth Africa’s state-owned Transnet National Ports Authority (TNPA) has encouraged interested parties to submit proposals for the planned LNG terminal at Ngqura. In collaboration with Infrastructure South Africa (ISA) and the Industrial Development Corp (IDC), TNPA has approached the market for an environmental impact assessment (EIA). The request for proposals…
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Friday, 27 September 2024
Ahead of the anticipated start of construction work on Marsa LNG’s bunkering terminal at Sohar in Oman, the joint venture partners developing the project are targeting the completion of the financing negotiations before the end of the third quarter of this year. Marsa LNG – a joint venture between TotalEnergies …
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Friday, 27 September 2024
Dutch offshore engineering firm, Dixstone has been awarded the construction, procurement and integration contract for a new LNG project at Cap Lopez, Gabon. This project is a nearshore LNG facility that will produce 0.7 mill tonnes of LNG and 25,000 tonnes of LPG per year in the first phase. It…
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