LNG

Golar LNG has contracted Keppel Shipyard Ltd. to convert three of its Moss type LNG carriers into FLNG vessels. The first vessel is due for delivery in 2015.

CNOOC and BG Group have signed a heads of agreement for the sale of equity in Queensland Curtis LNG and the sale of LNG supplies for US$ 1.93 billion.

BG Group shocked markets and took a 17% hit to its share price when it announced that the company would see no production growth in 2013.

Security and political concerns in Asia and the Pacific region mount as oil and gas demand continues to grow. Ng Weng Hoong reports.

Russian giant, Gazprom has pledged to invest US$ 38 billion in the development of the eastern Chayanda gasfield and a pipeline to Vladivostok.

The task to reduce carbon emissions cannot be solved with one simple solution. With demand for energy forecast to remain at current levels and local fuel reserves depleting we are forced to look to new innovative technologies for the answers.

Dresser-Rand Company has entered into licensing agreement with Expansion Energy LLC to use its proprietary VX Cycle technology for the small-scale production of LNG.

A joint venture between GDF Suez and Santos Energy has received environmental approval from the Australian government for its FLNG project in the Bonaparte Basin.

In large scale markets, LNG is already a strategic commodity. However, limited growth is experienced in the small scale market. Thomas Vles, Consultant, Squarewise, asks why.

FLNG offers companies a new avenue to develop distant ‘stranded’ offshore resources.

As water scarcity grows, a GE survey shows that most Americans strongly support ‘toilet to turf’ water reuse solutions.

The Canadian Minisry of Industry has blocked the sale of Progress Energy to Petronas Carigali Canada Ltd. on the grounds that it will not provide a net benefit to Canada.

The latest EIC monthly report shows an upsurge in new projects for Q3 2012 while total potential investment value is up 17% on the last quarter.

Shell has revealed that it has begun construction of the giant, first-of-a-kind Prelude Floating Liquefied Natural Gas (FLNG) facility.

The location of the FSRU has been changed at the request of the Indonesian government and as a result the agreement has been revised, Höegh will also now be reimbursed for the cost of the mooring system.