Gas Processing/LNG
Wison named engineering partner by EDF, Exmar for North American FLNG
Under the agreement, Wison would be responsible for the turnkey engineering, procurement, construction, installation and commissioning (EPCIC) services for the mobile, self-contained units that would be capable of tying in to existing pipeline, tank and jetty infrastructure to enable LNG export.
ConocoPhillips looks to reduce stakes in Australian LNG, Canadian oil sands
ConocoPhillips already announced plans to shed billions of dollars in assets to focus on core areas of its portfolio, particularly in unconventional formations in the US. The company plans to "rebalance" its portfolio over time and "lighten up" on these high costs projects in order to keep costs of supply low.
Japan's Tepco to import US liquefied petroleum gas from Enterprise Products
Enterprise processed a company record of 707,000 bbl, or 60,800 tons, a day of NGLs in the fourth quarter. Enterprise is putting the finishing touches on nearly doubling its propane-export capacity to 7.5 million bbl/month, which it says will bring its LPG export sales to more than Saudi Arabia.
UOP unveils advanced membrane element to boost gas processing capacity
The UOP Separex Flux+ is a drop-in replacement for the membrane elements in existing Separex membrane systems. Separex Flux+ increases the removal of contaminants, such as acid gas and water, which must be removed before natural gas can be transported by pipeline for commercial use.
Gazprom to market LNG of Tamar project in Israel
The state-controlled energy firm is increasing its involvement in LNG as demand for gas delivered by pipeline to Europe, its most lucrative market, declines. In recent years large amounts of natural gas have been discovered off Israel's coast. The Tamar field contains around 9 trillion cubic feet of gas.
IEA eyes Singapore as Asia natural gas trading hub
Governments in the region need to work to allow markets to decide natural gas prices with minimal interference and through price deregulation, while also meeting institutional requirements to attract new market participants, Maria van der Hoeven, IEA executive director, told a Tokyo conference.
Sempra expects US gas-export approval in 2013
The company applied in December with the Federal Energy Regulatory Commission for approval of the project, and it expects to obtain the agency's approval by the end of this year, said Sempra CEO Debra Reed. The gas-export terminal is designed to export up to 12 million tpy of natural gas.
Shell to acquire Repsol gas liquefaction facilities in Peru, Trinidad and Tobago
Long rumored, the acquisition includes LNG assets outside of North America, including supply positions in Peru and Trinidad & Tobago, for a cash consideration of $4.4 billion. Shell will also assume balance sheet liabilities predominantly reflecting leases for LNG ship charters of currently $1.8 billion.
UAE group signs land lease for LNG import terminal
Construction of the liquefied natural gas complex is expected to begin later this year. The local government of Fujairah, one of the seven emirates that make up the UAE, is also to reclaim land from the sea for the regasification facility, which will be capable of handling the largest LNG tankers.
Chevron invests in Australian shale gas assets
The deal for up to 60% of Beach's interests in two blocks in central Australia's Cooper Basin cements Chevron's status as one of the biggest investors in natural gas down under. It is already leading development of the Gorgon and Wheatstone LNG projects in Western Australia state.
- OXEA confirms final investment decision for major capacity expansion at plant 7/10
- TotalEnergies ships to Asia the first cargo produced by the ECA LNG plant 7/10
- ADNOC L&S expands LNG fleet with order for four new carriers 7/10
- India's ONGC plans to build 13-MMbbl national strategic oil reserve 7/10
- Russian refineries, oil terminal, tankers hit, Ukraine says 7/10
- Tajikistan says it has 60 days' fuel in reserve amid Russian supply crunch 7/10
