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Liquefied Natural Gas

BP okays Indonesian $7 billion project to unlock additional gas for Asia

A consortium led by the United Kingdom’s energy supermajor BP has reached a final investment decision (FID) on a project featuring enhanced gas recovery (EGR) through carbon capture, utilization, and storage (CCUS) in Indonesia.

about 1 year ago

Liquefied Natural Gas

SHI’s wing sail-equipped LNG carrier gets green light from Liberian Registry and KR

South Korean shipbuilder Samsung Heavy Industries (SHI) has received approval in principle (AiP) from the Liberian Registry and Korean Register (KR) for the basic design of its wing sail-equipped LNG carrier. The approval for the LNG carrier with the wing sail, an eco-friendly auxiliary propulsion s

about 1 year ago

Liquefied Natural Gas

PNG LNG getting more gas thanks to new project coming online

Australia’s energy giant Santos has completed its two-well project forming part of an integrated development to commercialize the gas resources of Papua New Guinea.

about 1 year ago

Liquefied Natural Gas

Conrad and Pertamina eyeing small-scale LNG options for prospects offshore Indonesia

Conrad Asia Energy has disclosed information about its recent commercialization activities for shallow-water gas discoveries in two production-sharing contracts (PSCs) located off the coast of Indonesia’s Aceh Province, including a potential small-scale liquefied natural gas (LNG) plant.

about 1 year ago

An aerial photo of the exhibition floor at Offshore Energy Exhibition & Conference 2023

Liquefied Natural Gas

One week to go: 400+ exhibitors from offshore energy industry to gather in Amsterdam

The following is a press release from Navingo BV, the owner of Offshore-Energy.biz and organizer of the annual Offshore Energy Exhibition & Conference (OEEC). More than 400 exhibitors and co-exhibitors booked their spots at OEEC 2024 Businesses and organizations from across the offshore energy secto

about 1 year ago

António Guterres, UN Secretary-General, delivers remarks at the opening of the World Leaders Climate Action Summit at COP29 in Baku, Azerbaijan; Credit: UNFCCC/Kiara Worth

Liquefied Natural Gas

COP29’s trillion-dollar net zero battle: Needs, wants, and reality of global energy scene run by oil & gas

Many proponents of taking a stronger stance on global climate action are hoping for a pivotal shift in the final text of the 29th Conference of the Parties (COP29), which will turn the tide once and for all in favor of renewables by unlocking trillions required to pay the net zero bill while pulling

16 minutes read

LNG tanks under constructions by the sea

Liquefied Natural Gas

Work done on Korea’s oil & LNG terminal with transformation into ‘carbon-neutral energy hub’ next on the agenda

Korea Energy Terminal (KET), a joint venture (JV) between Korea National Oil Corporation (KNOC) and SK Gas, has held a completion ceremony for its terminal at the North Port of Ulsan, South Korea.

about 1 year ago

Large-scale LNG plant within Sakhalin II project; Source: Gazprom

Liquefied Natural Gas

Russian gas and LNG play ‘major’ part in global energy security, Gazprom says

Russia’s giant Gazprom has highlighted the contributions its gas is making to oil the wheels of global energy security while discussing the size of the hand its gas and liquefied natural gas (LNG) supplies have in the worldwide energy mix.

about 1 year ago

Four men standing behind a desk on stage

Liquefied Natural Gas

Malaysia and China fostering oil & gas and LNG collaboration

Two state-owned companies, Malaysia’s Petronas and China’s China National Petroleum Corporation (CNPC), have signed a memorandum of understanding (MoU) for strategic cooperation in the oil and gas and liquefied natural gas (LNG) arena.

about 1 year ago

Liquefied Natural Gas

ADNOC to supply India with LNG until 2036

ADNOC Gas, a subsidiary of Abu Dhabi National Oil Company (ADNOC), has signed a ten-year liquefied natural gas (LNG) sales and purchase agreement (SPA) with India’s state-owned natural gas player GAIL.

about 1 year ago

Liquefied Natural Gas

TotalEnergies, Shell, BP, and Equinor to assist in tackling energy access woes with $500M pledge

Four energy giants – France’s TotalEnergies, Norway’s Equinor, and the UK-headquartered Shell and BP – have confirmed their plans to pool resources to help support access to energy with a $500 million joint investment commitment.

about 1 year ago

Bay du Nord FPSO development concept; Source: Equinor

Liquefied Natural Gas

Canada’s proposed oil & gas emissions cap: Boost in production, jobs, and economy or across-the-board cuts?

Canada has come up with draft regulations to set a greenhouse gas (GHG) pollution cap for the oil and gas industry. The government claims the latest regulatory tool in the raft of measures that are part of its wider climate plan will limit pollution, drive innovation, and create jobs. However, those

24 minutes read

Liquefied Natural Gas

Cheniere’s LNG emissions footprint lower than thought, report shows

U.S. liquefied natural gas (LNG) exporter Cheniere Energy has published an updated life cycle assessment (LCA) study for the intensity of greenhouse gas (GHG) emissions produced by its exported natural gas according to which their levels are lower than formerly assumed.

about 1 year ago

Liquefied Natural Gas

US firm snaps up FEED job on LNG expansion project tackling energy trilemma

KBR has secured a front-end engineering design (FEED) deal to boost a liquified natural gas (LNG) arsenal at a project on the southeastern coast of the Arabian Peninsula in the Middle East.

about 1 year ago