McDermott, the US LNG project engineering and oil and gas developer, has been awarded three prestigious contracts by the Saudi Arabian Oil Company (Aramco) covering four oil and natural gas fields in the Arabian Gulf.
The US Government estimates that liquefied natural gas exports levels will remain high from December through to March 2022, supported by increased natural gas demand in the Northern Hemisphere winter in Europe and North Asia.
European natural gas storage levels were causing concern as colder weather set in with gas availability still at low levels as more LNG imports were sought for the North and South of the continent and the European Union was preparing to discuss gas market reforms.
Final shareholder and court approvals have been obtained for the US$6.25 billion merger of Papua New Guinea-based energy company Oil Search and Adelaide-based Santos to create a major Asia-Pacific energy player.
Free ReadCanadian company Énergir and the Québec Port Authority have completed their 100th liquified natural gas re-fuelling operation as the French-speaking province embraces maritime bunkering, though rejects LNG production for export. “This major achievement is a testament to both companies’ leadership to supply the maritime industry in LNG, and to their…
QatarEnergy entered into a long-term sale and purchase agreement (SPA) with Guangdong Energy Group based in southern China for the supply of 1 million tonnes per annum of LNG over a 10-year period starting in 2024.
The next Chancellor of Germany, the Social Democrat (SPD) leader Olaf Scholz, has presented his cabinet ministers for the new government to be sworn in on December 8 and officials confirmed the continued suspension of the Russian Nord Steam II pipeline to Germany, keeping European Union natural gas prices high…
Intercontinental Exchange, the leading global provider of trading platforms and clearing, said November average daily volumes of trade derivatives contracts surged for European natural gas and LNG as well as North Asia spot cargo contracts as well North Sea Brent crude oil trading also jumped.
Australian energy safety authorities will launch an investigation into the cause of a fire that has shut down Shell’s floating liquefied natural gas production vessel, “Prelude”, deployed offshore northwest Australia after an incident in which no one was reported hurt.
Venture Global, the US LNG export plant developer, is now in the process of investing in and constructing four liquefaction and export plants in Louisiana with 70 million tonnes per annum of output as the latest facility applied for regulatory permits.