Floating LNG

KANFA Aragon looks at the different technical and safety challenges facing floating LNG projects.

According to Reuters, Ophir Energy Plc is still in the process of seeking equity investors for its Fortuna floating LNG project, following Schlumberger’s decision to walk away from the project.

According to Reuters, the Australian contractor UGL Ltd has said that it might need to book a provision of up to AUS$200 million for losses on its work for the Ichthys LNG project.

GNL Talcahuano SpA has successfully submitted the Environmental Impact Study for its offshore LNG import facility in Talchuano, Chile.

Alam Maritim (M) Sdn Bhd has been awarded a subcontract for work on Petronas’ floating LNG project – PFLNG SATU.

According to Reuters, Greece’s Gastrade and Bulgaria’s BEH have established a task force in order to develop a proposal to construct an LNG terminal, which would be located offshore northern Greece.

According to Reuters, Thailand’s PTT will increase the capacity of its Map Ta Phut LNG import terminal, whilst also planning to construct a second terminal.

Höegh LNG has released its interim results for 1Q16, demonstrating an increase in EBITDA since the previous quarter.

Nikkiso Cryo has released a video detailing the development of Shell’s floating LNG unit – Prelude.

Steve Hemsley, Lanner, UK, examines the expanding role of business simulation in the LNG industry.

Golar LNG Partners LP has announced that it has completed the acquisition of the Golar Tundra floating storage and regasification unit from Golar LNG Ltd.

Petronas has confirmed that its first FLNG facility, PFLNG SATU, has set sail to the Kanowit gas field.

Gas Natural Fenosa has announced that it will invest up to €14 billion over the coming five years, including in LNG.

Inpex has released a statement claiming that the last topsides lift has been completed on the floating production, storage and offloading facility for the Ichthys LNG project.

CWC has conducted an interview with Rob Bryngelson, CEO, Excelerate Energy.