Ophir Energy has signed Heads of Agreements (“HoAs”) for LNG offtake from the Fortuna FLNG project, offshore E. Guinea, with six counterparties. The company on Wednesday said that all the parties involved were “established LNG buyers in European and Asian markets.” Furthermore, Ophir Energy has redu
Gazprom’s subsidiary, Gazprom Marketing & Trading Singapore Pte Ltd (GM&TS), has signed an agreement according to which it will be a sole off-taker from the floating liquefied natural gas (FLNG) project, located off the coast of Kribi, Cameroon. Gazprom inked the eight-year agreement with Société Na
Engineering company Monadelphous Group Limited has secured a long-term maintenance and modifications services contract related to Shell Australia’s Prelude Floating Liquefied Natural Gas (FLNG) project. The contract, with an estimated value of more than $200 million is located in the Browse Basin, a
Oil and gas company Shell has hired Atkins to develop asset integrity models for future inspection and maintenance at Prelude FLNG offshore location in Australia. Matt Keys, global technical director in Atkins’s oil and gas division, said: “We’re excited to continue contributing towards the flagship
Ophir Energy has finalized commercial terms and is in the process of signing heads of agreements for LNG offtake from the Fortuna FLNG project in Block R, offshore Equatorial Guinea. In a statement issued on Wednesday, Ophir Energy said that the deal was reached with a shortlisted group of counterpa
Iran and Belgium have reportedly initiated talks for a possible floating LNG production unit off the Kharg Island in the Persian Gulf. According to a release found on the National Iranian Oil Company’s website, the issue was brought during Iranian Minister of Petroleum, Bijan Zangeneh‘s talks with B
Malaysian national oil and gas company Petronas has reached a milestone by laying the keel of its second Floating LNG unit, the Petronas FLNG 2 (PFLNG2). The official keel laying of the company’s second floating liquefaction unit was held in Geoje Island, South Korea on 28 October, at the Samsung He
Malaysia’s Petronas has subcontracted Alam Maritim Resources for works on its Floating Liquefied Natural Gas (FLNG) project. Alam will take part in final positioning and mooring system hook-up works. Alam Maritim Resources Berhad has won a subcontract from Petronas’ subsidiary, Petronas Floating LNG
French offshore oil and gas services provider har selected SBM Offshore for the Front-End Engineering and Design (FEED) contract for three, large-scale turret mooring systems associated with Woodside’s proposed Browse Floating Liquefied Natural Gas (FLNG) Development in Australia. The contract award
Cameroon floating liquefied natural gas project has been approved by all parties of the Gas Convention for the project at a signing ceremony in Yaoundé, Cameroon on Wednesday, September 30. Golar LNG Limited said that Cameroon’s state-owned oil and gas company Société Nationale des Hydrocarbures (SN
Japan’s Inpex has submitted a revised plan for the development of the Abadi gas field offshore Indonesia. The original development plan, approved in 2010, was was based on developing the Abadi gas field in stages and targeted the deployment of an FLNG plant with an annual LNG processing capacity of
Bechtel has been selected by Delfin LNG, a wholly-owned subsidiary of Fairwood Peninsula Energy Corporation, to perform front-end engineering and design for the first U.S.-based floating liquefied natural gas vessel (FLNGV) to go into service at Port Delfin. Port Delfin is a proposed deepwater port
Wood Group has secured a new contract to carry out front-end engineering and design (FEED) for the Woodside-operated proposed Browse Floating Liquefied Natural Gas (FLNG) Development, offshore Western Australia. The agreement to enter the Browse FLNG FEED phase was reached in July. The FEED phase in
There will be significant growth in both investment and activity in the FLNG market over the next seven years, with Douglas-Westwood, an energy intelligence group, forecasting total expenditure of $58.3 billion in its new market report. DW added that 61% of this spend is attributed to liquefaction i
