LNG

OLT Offshore expansion

OLT Offshore LNG Toscana, the company that owns the floating LNG import terminal off the port of Livorno, has received authorization to increase its annual regasification capacity from the current 3.75 billion cubic metres to about 5 Bcm per year. “Thanks to the decree issued on May 26 OLT will be able to receive up to 122 small-scale LNG carriers per year to carry out the small-scale LNG supply service,” said the company.

Woodside contract awards

Woodside Energy, the Australian operator of the North West Shelf and Pluto LNG export projects, has completed the award of all major contracts for the decommissioning of subsea infrastructure at the Enfield, Griffin, Stybarrow and Echo Yodel oil and gas fields offshore Western Australia. The upcoming work will follow successful decommissioning activities which have been underway at the Enfield and Balnaves fields. “Specialist contractors engaged to undertake activities during the subsea decommissioning campaign include TechnipFMC, Heerema, McDermott, Fugro, DOF and McMahon.

CNOOC reaches out

China National Offshore Oil Corp., the Chinese major and LNG importer, has moved to improve its relationships with Western and domestic institutional investors and analysts by holding a series of meetings. “The purpose of this activity is to strengthen the communication between the company and institutional investors and to enhance institutional understanding of the company and the industry,” said CNOOC. The company said it hosted Chinese and Western investment banks over the past week at its Shenzhen offices and at project sites.