management
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.
SNAM making progress on Ravenna FLNG project (Italy)
Works are proceeding according to schedule on Ravenna's offshore regasifier, which will land 8.5 km from Punta Marina at the end of the year, and become operational in the first quarter of 2025.
Shell awards Wood major engineering contract for world’s largest floating offshore gas facility
Wood, a global leader in consulting and engineering, has secured a six-year contract to provide brownfield engineering, procurement and construction management (EPCm) solutions for Shell’s Prelude floating liquified natural gas (FLNG) facility in Western Australia.
Bolivia seeks oil and gas investment, Russia's help to solve energy crunch
Bolivian state energy firm YPFB is looking to improve conditions for investment in the country's flagging oil and gas sector and seeking help from Russia to overcome recent fuel shortages.
New Fortress Energy to sell Miami (U.S.) liquefaction and storage facility
New Fortress Energy announced that it has entered into a definitive agreement to sell its liquefaction and storage facility in Miami, Florida to a U.S. middle-market infrastructure fund.
Texas governor looks to double state energy fund to $10 B to build gas plants
Texas Governor Greg Abbott and Lieutenant Governor Dan Patrick said they will seek to expand the Texas Energy Fund program to $10 B to build more natural gas plants to meet the state's growing demand for electricity.
Tellurian closes $260-MM asset sell to help advance Driftwood LNG project
Tellurian Inc. announced that it has closed the previously reported sale of its integrated upstream assets for $260 MM to affiliates of Aethon Energy Management LLC, substantially strengthening its balance sheet as it advances the Driftwood LNG project.
US judge halts Biden administration's pause on LNG permits
A federal judge on Monday dealt President Joe Biden's climate agenda a setback by blocking the Democrat's administration from continuing to pause the approval of applications to export liquefied natural gas (LNG).
Aramco’s strategic gas expansion progresses with $25 B in contract awards
Aramco has awarded contracts worth more than $25 B to progress its strategic gas expansion, which targets sales gas production growth of more than 60% by 2030.
FERC approves Venture Global's 20-MMtpy CP2 LNG project in Louisiana (U.S.)
The U.S. Federal Energy Regulatory Commission approved Venture Global's CP2 LNG export terminal project in Cameron Parish, Louisiana (U.S.).
Cedar LNG announces positive FID on 3.3-MMtpy FLNG project
Cedar LNG announced a positive final investment decision on the 3.3-MMtpy FLNG facility in the traditional territory of the Haisla Nation on Canada’s West Coast.
Venture Global launches first vessel from state-of-the-art LNG fleet
Venture Global announced the successful launch of its first LNG vessel, the Venture Gator at a ceremony which took place at the Samsung Heavy Industries shipyard in Geoji-si, South Korea.
New DNV survey highlights oil and gas sector paradox
The latest DNV survey, “The Paradox of Petroleum—How the oil and gas sector is transforming through uncertainty,” gathered insights from nearly 450 senior oil and gas professionals to examine rapidly evolving trends and the near-term outlook for the sector.
Aramco and Sempra announce Heads of Agreement for equity and offtake from Port Arthur LNG Phase 2
Aramco and Sempra announced that their respective subsidiaries have executed a non-binding Heads of Agreement (HoA) for a 20-yr sale and purchase agreement (SPA) for LNG offtake of 5 MMtpy from the Port Arthur LNG Phase 2 expansion project.
New England (U.S.) utility closes import-dependent gas-fired power plant, keeps LNG import option
Although Constellation Energy will close the Mystic gas-fired power plant north of Boston (U.S.), it will continue to operate the Everett LNG terminal
Heidelburg Materials, Linde start construction on large-scale carbon capture facility
Heidelberg Materials and Linde have started construction of one of the world’s first large-scale carbon capture facilities in the cement industry.
Heygaz Biomethane to acquire Ireland's leading biogas and biomethane producer
Heygaz Biomethane reached an agreement this week to purchase the leading Irish biogas and biomethane producer, Ormonde Organics.
Russia ministry seeks end to $13 B/yr gas waste
Russia's resources ministry asked the new prime minister to approve its plan to make oil firms spend billions of dollars on cutting the amount of gas wastefully flared off during oil production.
QatarEnergy, Exxon seek to remove contractor from Texas gas project
Golden Pass LNG, a JV between QatarEnergy and ExxonMobil, is asking a court to immediately oust Zachry Industrial from the $10-B LNG project, a court filing showed.
Birchcliff and AltaGas enhance long-term partnership
Birchcliff and AltaGas enhance long-term partnership announced an expanded partnership focused on reducing long-term operating costs and connecting more liquified petroleum gas into premium global markets.
- Japan's Mitsubishi to acquire stake in Petronas LNG plant
- McDermott awarded Rovuma LNG Phase 1 FEED contract in Mozambique
- Wood leads industry project to accelerate CCUS with guidelines for CO2 specifications
- Fincantieri LNG-powered Star Princess launched in Monfalcone
- Picarro launches handheld solution for natural gas leak investigation and closed-loop leak management
- Picarro launches handheld solution for natural gas leak investigation and closed-loop leak management
- Fincantieri LNG-powered Star Princess launched in Monfalcone
- Sonatrach, Saudi Aramco raise prices for LPG by 3%–4% in October
- Amarinth secures $1-MM order of API 610 pumps for Coral North FLNG project in Mozambique
