Floating LNG

The President of Indonesia, Joko Widodo, will soon make a decision on whether to build the US$15 million Masela Abadi LNG plant offshore or opt for an onshore alternative.

Following a significant gas find offshore Mauritania and Senegal, the Chairman and CEO of Kosmos Energy says there is “sufficient gas resource to underpin a world-scale LNG project in the Tortue West structure alone.”

Excelerate Energy has announced that its floating storage and regasification unit, Explorer, has successfully completed send-out performance tests and reached a send-out capacity of 1 billion ft3/d.

Lloyd’s Register Energy has launched a new risk-based inspection service, which combines class with hull integrity management.

Cedigaz has released a statement claiming that, according to its first estimates, LNG imports grew by 2.1% in 2015 to 241.2 million t.

Ophir Energy has posted a pre-tax operating loss of US$376 million for 2015.

Sembcorp Marine has purchased an additional 44% stake in Gravifloat, increasing its stake in the company to 56%.

Exmar and PEP have agreed to terminate a Liquefaction and Storage Agreement for the deployment of CFLNG in Colombia.

Petronas has confirmed that its new floating LNG vessel will be named PFLNG SATU.

Reuters reports that Croatia may decide to construct a floating LNG vessel for the northern Adriatic – as opposed to an onshore liquefaction plant – in order to begin operations sooner.

“At this point, we have taken the decision to re-phase the Petronas Floating LNG 2 project, to be commissioned at a later date than originally planned,” said Datuk Wan Zulkiflee, Petronas CEO.

The AltaGas-led Douglas Channel LNG Consortium has halted development of its proposed small scale floating LNG project in Canada.

Eni has announced that the Government of Mozambique’s Council of Ministers has approved its plan of development for the coral discovery, which will involve the installation of a floating LNG unit.

Cape has signed a contract with Samsung Heavy Industries for the installation of insulation to the cryogenic pipework on the process topside on the Prelude FLNG facility.

King & Spalding’s London office will advise GNPC on its Tema LNG project in Ghana.