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Liquefaction

NLNG train undergoing maintenance

Reuters reports that scheduled maintenance work is being carried out on one of NLNG’s trains, and will continue until the first week of April 2016.

 
 
 

Cape awarded Prelude FLNG contract

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.

 
 
 

Rosneft signs HOA with PDVSA

Rosneft has signed Heads of Agreement with PDVSA to establish a joint venture to implement a large scale project for the production, treatment and sale of natural gas extracted from fields off of the coast of Venezuela.

 
 
 

Santos posts significant loss

Santos has reported a net loss of AUS$2.7 billion in 2015, as a result of after tax impairments and the lower oil price.

 
 
 

Leadership changes at ConocoPhillips

ConocoPhillips has announced a number of executive leadership changes, as Jeff Sheets prepares to step down as Executive Vice President, Finance and Chief Financial Officer.

 
 

AKLNG project partners to explore options

Bill Walker – the Governor of Alaska – and partners of the Alaska LNG project – BP, ExxonMobil and ConocoPhillips – have announced that they will explore ways to advance the project amidst the current fiscal environment.