LNG

Wood Group Mustang has been awarded the topsides detailed engineering and procurement support for the semi-submersible production facility, which will operate in the offshore field.

Sumitomo Corporation and Tokyo Gas Co., Ltd. have started negotiation with Dominion to conclude a final terminal service (TSA) agreement with Dominion to export shale derived LNG from the Cove Point LNG terminal.

Several European oil and gas companies have reported a favourable start to 2012, citing higher oil prices and the recovery of production from Libyan oilfields.

Enagás is to purchase BG Group’s 40% stake in the Quintero LNG regas terminal in Chile.

Yemen LNG has stated that a 38 in. pipeline feeding its Balhaf terminal has been sabotage again.

Chart energy & Chemicals has won a contract worth US$ 40 million to supply heat exchangers to an LNG project in Eastern Australia.

The Sierra Club, a leading environmentalist group in North America, has filed a formal protest with the US DOE about Cameron LNG’s proposals to export LNG from its Lake Charles facility. The group has previously opposed four other LNG export plants.

PetroChina has begun work on the Tai'an plant in Eastern Shangdong province. The plant is scheduled for completion in late 2013 and will have a liquefaction capacity of 600 00 tpy of LNG.

Production at Nexen’s Buzzard field is to remain halted until at least Wednesday as an investigation continues at the North Sea platform.

The exploration company, Borders & Southern has announced a “significant” gas condensate discovery off the Southern coast of the Falklands.

Thiess has won the contract to perform the groundwork for the downstream section of the Wheatstone LNG project.

The latest EIC Monitor quarterly report tracking new project announcements shows that the global energy industry has seen encouraging signs of growth in the first quarter of 2012.

Experts have claimed that the UK’s offshore shale reserves could exceed 1000 trillion cubic ft – five times onshore estimates.

Santos Q1 results show a production increase of 13% and an increase in revenue of 50%.

The Department of Energy and Climate change has granted TOTAL consent to drill a relief well to tackle the Elgin gas leak after a full environmental assessment.