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liquified natural gas
Qatargas Operating Company Ltd. has tapped McDermott to deliver engineering, procurement, construction, and installation (EPCI) for the North Field Production Sustainability (NFPS) Offshore Fuel Gas Pipeline and Subsea Cables Project (COMP). The COMP1 project is part of the NFPS Offshore Compression Project covering installation of new assets in Qatar's North Field, including compression complexes at seven locations to sustain gas supply to the existing liquefied natural gas (LNG) production trains for years to come. Announced on 12 July, McDermott's newest major contract in Qatar includes installation of 118 miles (190 km) of 32-in.-diameter McDermott will manage and engineer the project from its Doha office with fabrication taking place at the Qatar Fabrication Company (QFAB), a McDermott joint venture with Qatar's shipping and maritime company Nakilat. The facility is in Ras Laffan Industrial City at the Erhama Bin Jaber Al Jalahma Shipyard. Commenting on this latest award, Mike Sutherland, McDermott senior vice president, Offshore Middle East, said the company is "delighted to deliver this key pipeline and cable infrastructure and support the extension of the production plateau for the existing LNG trains" while "we continue to (make) progress (on) the NFXP (North Field Expansion Project) offshore contract awarded to us last year."
- Asia > Middle East > Qatar > Arabian Gulf (1.00)
- Asia > Middle East > Qatar > Ad-Dawhah > Doha (0.26)
Dos Caminos is a joint venture between HEP and an affiliate of Eagle Ford Midstream LP (EFM). The green light was given after the receipt of the necessary binding commercial agreements. Tejas is constructing a 67-mile, 42-in.-diameter Dos Caminos is constructing a 62-mile, 36-in.-diameter "This approximately 251 million expansion project, referred to as the Eagle Ford project in our January backlog, will be a critical supply link for the impending growth being discussed with power generators, industrial customers, and LNG exporters along our Texas intrastate pipeline network," said KMI's Natural Gas Midstream President Tom Dender.
- North America > United States > Texas > West Gulf Coast Tertiary Basin > Eagle Ford Shale Formation (0.94)
- North America > United States > Texas > West Gulf Coast Tertiary Basin > Austin Chalk Formation (0.94)
- North America > United States > Texas > Sabinas - Rio Grande Basin > Eagle Ford Shale Formation (0.94)
- (9 more...)
Energy technology company Baker Hughes said Thursday that it won the contract to supply key liquefaction equipment for NextDecade's Rio Grande liquefied natural gas (LNG) project in the Port of Brownsville, Texas. The Houston-based company said that Bechtel awarded it the contract to supply three main refrigerant compressors. The contract includes the supply of six Frame 7 turbines paired with 18 centrifugal compressors across 3 LNG trains for a nameplate capacity of 17.61 mtpa. "This order builds on our longstanding relationship with Bechtel and is a significant milestone in our partnership with NextDecade, supporting them on this key LNG project," said Ganesh Ramaswamy, executive vice president of Industrial & Energy Technology at Baker Hughes. "We are delighted that our proven and reliable technology solution will support the production of LNG in the US, which is crucial in balancing energy affordability, security, and sustainability globally."
Eni has sold noncore assets in Congo to French independent Perenco for about 300 million. The Italian oil major opted not to disclose the assets; however, it did note that they consist of different permitting interests that are not central to Eni's long-term development plan in the region. The transaction is subject to customary adjustments, and its closing is subject to the authorization of relevant local and regulatory authorities. Eni said the country remains at the core of its strategy and that it is committed to developing Congo's vast gas resources, particularly through the Congo LNG project that will exploit the gas held in the Marine XII block and supply gas to fulfill the country's power generation needs. The project is expected to reach an overall LNG production capacity of about 3 mtpa from 2025.
US liquefied natural gas (LNG) exporter Cheniere Energy has signed its second long-term gas contract in support of its Sabine Pass Liquefaction Expansion Project (SPL Expansion Project) in a week. Under the sales and purchase agreement (SPA), China's ENN Natural Gas will purchase 1.8 mtpa of LNG on a free-on-board basis for a purchase price indexed to the Henry Hub price, plus a fixed liquefaction fee. Delivery of the remaining 0.9 mtpa, which is subject to, among other things, a positive final investment decision with respect to the first train (Train Seven) of the SPL Expansion Project, will commence upon the start of commercial operations of Train Seven. This is the second long-term SPA signed between Cheniere and ENN, with the long-term SPA signed in October 2021 initiating the first cooperation between two parties in the LNG business. "At present, China is moving forward with the implementation of'carbon peaking and carbon neutrality,' further accelerating the energy transformation, and China's natural gas market is full of potential," said Wang Yusuo, chairman of the board for ENN Natural Gas.
- Asia > China (1.00)
- North America > United States > Louisiana > Vermilion Parish > Erath (0.28)
- North America > United States > Louisiana > Cameron Parish > Sabine Pass (0.28)
- Energy > Oil & Gas > Midstream (1.00)
- Government > Regional Government > North America Government > United States Government (0.33)
US liquefied natural gas (LNG) exporter Venture Global has signed a 20-year LNG sales and purchase agreement with Germany's Securing Energy for Europe (SEFE) for 2.25 mtpa of LNG. Venture Global said on 22 June that it would deliver the LNG from its Calcasieu Pass 2 (CP2) project. About half of the 20 mtpa nameplate capacity for CP2 has been sold, with about a third of the offtake agreements being with German buyers, according to the Virgina-based LNG exporter. "Venture Global is thrilled to begin a strategic partnership with SEFE, making our company the largest long-term LNG supplier to Germany," said Mike Sabel, CEO of Venture Global LNG. "SEFE is playing a leading role in ensuring the security of energy supply for not only Germany but the rest of the European gas market. Germany has acted decisively to diversify its energy portfolio, and LNG will be a vital part of that mix as it seeks to strengthen its energy security while at the same time advancing environmental progress. We are honored to support a key US ally in each of these efforts."
- Europe > Germany (0.97)
- North America > United States > Louisiana > Cameron Parish (0.27)
US liquefied natural gas (LNG) exporter Cheniere Energy and Norway's Equinor announced a new sale and purchase agreement (SPA), under which Equinor will buy 1.75 mtpa of LNG from Cheniere Marketing on a free-on-board basis for a purchase price indexed to the Henry Hub price, plus a fixed liquefaction fee. Half of the LNG volume will begin delivery in 2027, with the delivery of the second half subject to the favorable final investment decision of the Sabine Pass Liquefaction Expansion Project. The term of the SPA is 15 years from delivery of the total 1.75 mtpa of LNG volumes, according to Cheniere. "We are pleased to expand our relationship with Equinor, one of Europe's leading energy companies, building upon the SPA we executed last year," said Jack Fusco, Cheniere's president and chief executive. "This SPA underscores Cheniere's and Equinor's shared vision of an energy future built upon reliable, flexible, and cleaner energy solutions," he said.
- North America > United States > Louisiana > Cameron Parish > Sabine Pass (0.29)
- North America > United States > Louisiana > Vermilion Parish > Erath (0.26)
- Energy > Oil & Gas > Midstream (1.00)
- Government > Regional Government > North America Government > United States Government (0.33)
China National Petroleum Corporation (CNPC) became the second Chinese national oil company to join the North Field East (NFE) LNG expansion project after it signed a new long-term LNG supply contract with QatarEnergy on 20 June in Doha. CNPC's entry into what the industry considers its biggest project ever follows Sinopec's signing in mid-May for what comprises two LNG mega trains with a combined capacity of 16 mtpa. CNPC is China's largest national oil company, Sinopec (China Petroleum & Chemical Corp.) is No. 2. The LNG sales and purchase agreement (SPA) between CNPC and QatarEnergy requires delivery of 4 mtpa of LNG from the NFE to CNPC's receiving terminals in China over 27 years, the same span of time as Sinopec's deal which was hailed in May as the industry's longest-term SPA commitment to date, QatarEnergy reported in a news release. Both sides also agreed that QatarEnergy will transfer to CNPC a 5% interest in the equivalent of one NFE train with a capacity of 8 mtpa, thus making CNPC a partner in the NFE expansion project without affecting the participating interests of any other shareholder. CNPC showcases three LNG terminals on its website in the cities of Tangshan in Hebei Province; Rudong in Jiangsu Province; and Dalian in Liaoning Province--all built to stabilize gas supplies to the Yangtze Delta, Beijing, Tianjin, Hebei, and northeast China generally.
- Asia > China > Liaoning Province > Dalian (0.27)
- Asia > China > Beijing > Beijing (0.27)
- Asia > Middle East > Qatar > Arabian Gulf (0.26)
- (2 more...)
- Government > Regional Government > Asia Government > China Government (1.00)
- Energy > Oil & Gas > Midstream (1.00)
- Asia > Middle East > Qatar > Arabian Gulf > Rub' al Khali Basin > North Field > Laffan Formation (0.99)
- Oceania > Australia (0.91)
- Europe > Russia (0.91)
- Asia > Middle East > Iran (0.91)
Larissa Walker, SPE, graduated with honors from the University of Waterloo in 2005 with a Bachelor of Applied Science degree in geological engineering and began a career with Shell as a petrophysicist in Calgary. Her more than 18 years of energy industry experience covers a wide spectrum of unconventional resources including deep, sour gas carbonates; tight sand and shale plays of Western Canada; the Appalachian Basin shales in America; and coal seam gas in Eastern Australia. These complex assets provide the foundation of Walker’s deep technical and project management insight into the key elements that deliver value throughout each stage of a project’s life cycle. In her current role as technical lead, she is responsible for the front-end development for Shell in Queensland’s Bowen Basin Permian tight gas sand (TGS) assets. The success case delivery of the Bowen TGS Capital Project has the potential to sustain the existing Queensland Curtis LNG project while providing gas and liquids into the East Coast domestic market. Walker is a member of the JPT Editorial Review Board and can be reached at larissa.walker@shell.com.
- Oceania > Australia > Queensland > Central Highlands (0.29)
- North America > Canada > Alberta > Census Division No. 6 > Calgary Metropolitan Region > Calgary (0.29)
- Geology > Rock Type > Sedimentary Rock > Clastic Rock > Sandstone (0.64)
- Geology > Rock Type > Sedimentary Rock > Clastic Rock > Mudrock > Shale (0.64)
- Reservoir Description and Dynamics > Unconventional and Complex Reservoirs > Shale gas (0.64)
- Reservoir Description and Dynamics > Unconventional and Complex Reservoirs > Coal seam gas (0.64)
- Management > Energy Economics > Unconventional resource economics (0.64)
- Facilities Design, Construction and Operation > Natural Gas Conversion and Storage > Liquified natural gas (LNG) (0.64)
Annual gas production from the Permian Basin continues to reach new heights. This is according to the US Energy Information Administration (EIA) which in a new report said gas output from the prolific region topped a record average of 21 Bcf/D in 2022. The figure marks a 14% year-on-year increase for the basin that spans portions of Texas and New Mexico. The EIA added that the trend appears to be continuing as gas flows as of this month are on pace to average 22.8 Bcf/D. The assessment puts the Permian behind only the Appalachian Basin (home to the Marcellus Shale and Utica Shale) in terms of the largest gas-producing regions in the US.
- North America > United States > West Virginia (0.96)
- North America > United States > Pennsylvania (0.96)
- North America > United States > Ohio (0.96)
- (6 more...)
- Geology > Petroleum Play Type > Unconventional Play > Shale Play > Shale Gas Play (0.59)
- Geology > Rock Type > Sedimentary Rock > Clastic Rock > Mudrock > Shale (0.50)
- Government > Regional Government > North America Government > United States Government (1.00)
- Energy > Oil & Gas > Upstream (1.00)
- North America > United States > Texas > Permian Basin > Yeso Formation (0.99)
- North America > United States > Texas > Permian Basin > Yates Formation (0.99)
- North America > United States > Texas > Permian Basin > Wolfcamp Formation (0.99)
- (35 more...)