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Sembcorp Marine of Singapore has secured a contract from energy and LNG engineer TechnipFMC for a floating production, storage and offloading (FPSO) unit for offshore Israel’s latest East Mediterranean natural gas and oil development.
Canadian North American native First Nations have expressed anger that many liquefied natural gas export projects in British Columbia have been blocked and blame the self-regarding Greens movement and well-off professional environmentalists for denying them opportunities.
The US Court of Appeals has judged in favor of regulators and the Atlantic Coast Pipeline, designed to deliver Marcellus and Utica shale gas into Southeast markets and LNG export facilities, in ruling against environmental groups seeking to suspend construction.
The Singapore LNG cargo index for May has dropped to US$6.780 per million British thermal units from US$6.931 per MMBtu last week while the second half of April averaged US$6.982 per MMBtu on weaker North Asian demand.
UK company National Grid, the nation’s transmission network owner and operator of an LNG import terminal in southeast England, has seen a project it is part of on the US East Coast being approved by regulators to guarantee natural gas supply to New York City during peak demand periods.
Inpex Corp, the Japanese energy company, said its Ichthys LNG export plant in Australia’s Northern Territory was set to start production after being completed about 18 months behind schedule at an estimated cost of around US$37 billion.
Oil Search, the Papua New Guinea company listed in Australia and with a stake in the PNG LNG plant and expansion, has named the Chief Executive of Mubadala Petroleum of the United Arab Emirates to its board of directors as the UAE firm now owns almost 13 percent of its…
TechnipFMC, one of the leading global energy and LNG project engineering companies, said it was taking a stake in UK company Magma Global Ltd to help further develop a new generation of hybrid flexible pipe for use in offshore contracts.
Western Canada’s natural gas industry is the subject of a revival effort after a surprise offering of tax breaks to liquefied natural gas projects by the provincial government of British Columbia in a last-ditch effort to save the LNG Canada project proposed by Royal Dutch Shell and its Asian partners.
Chinese liquefied natural gas imports in February surged 69 percent compared with the same month a year ago, led by spot shipments and cargoes from Australia, Nigeria and Qatar, though the deliveries were still short of the record volumes received in January 2018.