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LNG - 22 February 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.


IOGP elects new Chair

The International Association of Oil & Gas Producers has elected a new Chair, Monika Hausenblas, Royal Dutch Shell’s Executive Vice President Safety & Environment.


Zohr gas field authorisation

The Egyptian Ministry of Petroleum has approved grants to Eni for the Zohr Development Lease, which enables the development of the gas field located offshore Egypt.


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.


Qatargas, Shell and Maersk Group sign MOU

Qatargas has announced that it has signed a Memorandum of Understanding with Shell and the Maersk Group to explore the development of LNG as a marine fuel in the Middle East.


ExxonMobil announces 2015 reserves additions

Exxon Mobil Corp. has announced it added 1 billion boe of proved oil and gas reserves in 2015, replacing 67% of production, including a 219% replacement ratio for crude oil and other liquids.