GasTech: Shell Announces Design for Floating LNG Production Unit
Posted on Mar 10, 2008 in Liquefaction, Technology | Comments Off on GasTech: Shell Announces Design for Floating LNG Production Unit
Jon Chadwick of Shell Gas & Power told the GasTech 2008 conference that the company has developed a design for a floating LNG production unit, known as FLNG. Chadwick said that after extensive engineering studies and testing, Shell has uncovered “no technical showstoppers for the concept.” He did not provide details on costs or a time frame for deployment, but did say...
ExxonMobil Releases Details on Planned Investment in LNG Projects
Posted on Mar 7, 2008 in Liquefaction, Regas Terminals & Capacity | Comments Off on ExxonMobil Releases Details on Planned Investment in LNG Projects
Lloyd’s List offers details regarding the large investment program announced by ExxonMobil earlier this week. Exxon plans to focus its spending on upstream LNG projects in Qatar, Australia, Nigeria, Angola, and Papua New Guinea. Exxon’s head of upstream operations, Mark Albers, told Lloyd’s that over the next two years, the company will also open its Golden Pass LNG...
ALNG Shuts Down Train 1 for Maintenance
Posted on Mar 3, 2008 in Liquefaction | Comments Off on ALNG Shuts Down Train 1 for Maintenance
Atlantic LNG announced last week that it shut down its Train 1 liquefaction unit for maintenance. A company spokesperson told Platts LNG Daily that ALNG expected the shutdown to last approximately one week and that the unscheduled maintenance would not affect overall LNG output. [Subscription...
StatoilHydro, Sonatrach Sign HOA for Supply/Access to Cove Point
Posted on Mar 3, 2008 in Liquefaction, Markets and Competition, Regas Terminals & Capacity | Comments Off on StatoilHydro, Sonatrach Sign HOA for Supply/Access to Cove Point
Norway’s StatoilHydro ASA announced on March 1 that it has signed a binding Heads of Agreement (HOA) to provide Algeria’s Sonatrach with long-term access to the Cove Point LNG terminal expansion. According to the press release, under the terms of the HOA, Sonatrach will receive access to 2 Bcm/y of regasification capacity at Cove Point for 15 years beginning in 2009. In...
Sempra CEO: Company Contemplating Liquefaction Investment
Posted on Feb 29, 2008 in Canada & Mexico, Liquefaction, Regas Terminals & Capacity | Comments Off on Sempra CEO: Company Contemplating Liquefaction Investment
LNG Unlimited [subscription required] reports that Sempra Energy CEO Don Felsinger said in a conference call that his company is contemplating investment in liquefaction facilities. He said that Sempra would consider opportunities that include gas marketing rights, noting, “We want a disproportionate share of the off-take to market.” Felsinger also confirmed that...
Shell: “Too Early” to Discuss Development Options for Burger Field
Posted on Feb 25, 2008 in E&P, Liquefaction | Comments Off on Shell: “Too Early” to Discuss Development Options for Burger Field
Following successful bids for Alaskan offshore leases earlier this month, Shell vice-president of exploration for the Americas Annell Bay said that it is too early to discuss development options. The Calgary Herald (available via LexisNexis [subscription required]) reports that industry observers see the Burger gas prospect, which Shell will drill, as a possible source for an LNG...