management
NDT Global partners with Aramco to launch 56" ultrasonic inspection tool
NDT Global launched a 56" ultrasonic inline inspection tool, developed in collaboration to meet the inspection requirements of integrated oil and gas company Aramco.
Norway's Equinor remains committed to $40-B Tanzania LNG project
Norway's Equinor remains committed to a $42-B LNG project in Tanzania that has stalled after proposed government changes to a financial agreement reached last year.
Glencore signs offtake deal with KTG and Commonwealth LNG
Kimmeridge Texas Gas and Commonwealth LNG have entered into a Heads of Terms agreement with Glencore LTD, where Glencore will purchase 2 MMtpy of LNG for 20 yrs from Commonwealth, as well as equivalent natural gas supply from KTG under a netback agreement at international prices.
LNG contracting off to a great start in 2024
Long-term LNG contracting activity is off to a strong start in 2024. Since the beginning of the year, 58 MMtpy of LNG SPAs (sales purchase agreements), capacity agreements and Heads of Agreements (HOAs) have been signed. This follows over 94 MMtpy of new LNG SPAs and HOAs agreed upon last year.
Saudi Aramco wants to be a major LNG gas player, gas chief says
The world's largest oil producer, Saudi Aramco, wants to become a major LNG player, the head of its natural gas business said on Tuesday.
Höegh LNG announces name change to Höegh Evi
Standing for “energy vector infrastructure,” the name Evi reflects the recent expansion of Hoegh's focus beyond LNG import terminals to encompass innovative and tangible clean energy solutions-the company is accelerating the energy transition with floating infrastructure for ammonia and hydrogen, as well as carbon transport and storage, in addition to LNG.
NextDecade to fight appeals court delay to its $18.4-B LNG plant
NextDecade will appeal a federal court ruling that overturned the Federal Energy Regulatory Commission's approval of the initial phase of its $18.4-B Rio Grande LNG project, CEO Matthew Schatzman said.
AIChE and IChemE sign MoU to strengthen international STEM talent pool
The American Institute of Chemical Engineers (AIChE) and the Institution of Chemical Engineers (IChemE)—two professional societies dedicated to advancing the application of chemical engineering expertise internationally—have signed a Memorandum of Understanding (MoU) to further collaboration for the benefit of chemical and process engineering and society as a whole.
LNG entities under U.S. sanctions to curb Russia's Arctic LNG 2 project
The U.S. has imposed sanctions on hundreds of entities and individuals for supporting Russia's war effort in Ukraine, including companies supporting the development of Russia's Arctic LNG 2 project and its shipment of LNG, as well as other future energy projects.
Poland's Orlen signs Lithuania deal to boost LNG deliveries
Polish refiner Orlen signed a five-year agreement with Lithuanian oil and gas logistics firm KN Energies for exclusive use of a waterfront LNG transshipment station in Klaipeda.
Golden Pass LNG asks U.S. regulator for 3-yr extension to complete construction
The developer of a Texas liquefied natural gas export project on Wednesday asked U.S. regulators for a three-year extension to complete construction of the $10-B Golden Pass LNG project, citing scheduling uncertainties. Golden Pass LNG, a joint venture of QatarEnergy and ExxonMobil building an 18-MMtpy LNG export project on the Texas coast, wrote that a change in primary contractors requires an extension until November 2029.
ONEOK to acquire Medallion and controlling interest in EnLink for $5.9 B
ONEOK announced that it has executed a definitive agreement with Global Infrastructure Partners under which ONEOK will acquire interest in EnLink Midstream and Medallion Midstream for nearly $6 B.
Mexico Pacific announces long-term LNG SPA with POSCO International
Mexico Pacific, owner of the Saguaro Energía LNG facility and associated Sierra Madre Pipeline, announced that it has signed a sales and purchase agreement of 700,000 tpy of LNG with POSCO International Corporation.
Nu:ionic Technologies (Canada), HybriGenix Futures to collaborate on hydrogen production facility in Canada
Nu:ionic Technologies (Canada), Inc. and HybriGenix Futures Inc. announced the signing of a Memorandum of Understanding (MOU) to collaborate on an innovative clean power and hydrogen production facility in Alberta, Canada.
ADNOC deploys pioneering AI-enabled process optimization technology
Following successful initial operations, ADNOC announced the deployment of an industry leading artificial intelligence (AI)-enabled process optimization technology--Neuron 5--across all ADNOC facilities across thousands of critical pieces of equipment essential for production, including compressors, valves and generators.
Amigo LNG secures supply agreement with E&H Energy
Amigo LNG announced that it has entered into a long-term LNG supply agreement with E&H ENERGY SDN BHD of Malaysia.
New research reveals increasing strategic importance of maintenance in oil and gas industry operations
Jotun has published a new report, derived from a survey of over 1,000 senior professionals, showing that 88% of respondents anticipate an increase in maintenance budgets over the next five years and 75% say that the requirement to report on environmental performance has led to increased investment in maintenance.
Pier Solutions, H2scan announce partnership for market-leading hydrogen sensors and technology
Pier Solutions has announced a strategic partnership with H2scan. The new collaboration brings revolutionary hydrogen sensor technology to Europe for the first time allowing Pier Solutions to be a key part of expanding H2scans global reach.
Enterprise to acquire Piñon Midstream for $950 MM
Enterprise Products Partners L.P. and Piñon Midstream announced that Enterprise’s affiliate has entered into a definitive agreement to acquire Piñon Midstream in a debt-free transaction for $950 MM in cash consideration.
Process technology: SICK and Endress+Hauser sign strategic partnership
German sensor company SICK and the Swiss measurement and automation technology specialist Endress+Hauser have agreed on a strategic partnership. Endress+Hauser will take over worldwide sales and service of SICK’s process analyzers and gas flowmeters, with a JV to be established for their production and further development.
The power of AI: How oil/gas companies are using AI-powered geospatial analytics to identify and prevent potential leaks
The challenge all O&G producers face is monitoring and maintaining an aging and widely distributed pipeline infrastructure. These organizations manage thousands of miles of pipelines to deliver petroleum and natural gas.
Best practices for proper alarm management
Process alarms are critical safeguards put into place on operating units to enable operators to avoid incidents that impact a company’s safety, reliability and bottom line. It is absolutely essential to any safe facility operation that alarms are properly managed and utilized to address real and consequential operational issues before they become incidents.
AtkinsRéalis awarded PSA for Miami-Dade (U.S.) Waste-to-Energy plant
AtkinsRéalis Group Inc. announced that it has been awarded a professional services agreement to Miami-Dade Department of Solid Waste Management for its new state of the art Waste-to-Energy (WtE) plant.
Venture Global LNG sues Kiewit, alleges it shared confidential documents with Shell
U.S. LNG company Venture Global LNG sued construction contractor Kiewit, alleging it passed confidential documents to Shell, including proprietary project development, design, configuration methods, and detailed information about the multi-billion-dollar facility's design and construction.
Australia's Origin Energy reports APLNG revenue dip on lower prices, volumes
Shares of Origin Energy marked their biggest intraday loss in eight months on Wednesday after the firm posted a drop in quarterly revenue from its stake in the Australia Pacific LNG project, reflecting a fall in gas sales and prices.
German government signs off on hydrogen import strategy
Germany's government adopted a strategy for the import of hydrogen to help secure sustainable energy supply as it embarks on creating fossil fuel alternatives for large parts of its industry.
Judge approves Zachry Holdings, Golden Pass LNG settlement, paving the way for project resumption
A bankruptcy court approved a Zachry Holdings and Golden Pass LNG settlement that will allow ExxonMobil and QatarEnergy, the Golden Pass owners, to hire a new lead contractor to complete its LNG plant.
Australia's Woodside Energy to buy US LNG developer Tellurian for $1.2 billion
Australia's Woodside Energy said it had agreed to buy U.S. liquefied natural gas developer Tellurian, including its U.S. Gulf Coast Driftwood LNG export project, for $1.2 B including debt.
Australia's Woodside Energy to buy US LNG developer Tellurian for $1.2 billion (1)
Australia's Woodside Energy said it had agreed to buy U.S. liquefied natural gas developer Tellurian, including its U.S. Gulf Coast Driftwood LNG export project, for $1.2 B including debt.
Freeport LNG in Texas to restart one train this week after Hurricane Beryl
Freeport LNG plans to restart one of three LNG trains this week at its Texas facility after the company repairs some damage from Hurricane Beryl. The plant, in Freeport, Texas, south of Houston, halted operations on July 7 before Hurricane Beryl hit the coast, causing widespread power outages and wind damage.
- ADNOC deploys pioneering AI-enabled process optimization technology
- Mexico Pacific announces long-term LNG SPA with POSCO International
- ONEOK to acquire Medallion and controlling interest in EnLink for $5.9 B
- Golar LNG signs EPC deal for $2.2-B MK II FLNG conversion project
- Japan's Mitsubishi to acquire stake in Petronas LNG plant
