Middle East
Iran to receive 300 MMm3d of Russian gas
Iran will receive 300 MMm3d (millions of cubic meters per day) of Russian gas. Russian energy giant Gazprom signed a memorandum in June with the National Iranian Gas Company to supply Russian pipeline gas to Iran.
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's bet on gas boom takes shape with string of deals
Shell has replaced liquefied natural gas (LNG) volume it lost after exiting Russia in 2022 with a string of deals that underpin CEO Wael Sawan's bet on growing demand for the fuel as he reduces the focus on renewable energy.
bp Energy Outlook: Two main scenarios see 2025 oil peak, rapid renewables growth
bp expects oil demand to peak next year and wind and solar capacity to grow rapidly in both of the two main scenarios in its annual Energy Outlook, a study of the evolution of the global energy system to 2050 the company published on Wednesday.
Global LNG trade increased more than 1.6 Bcf/d in 2023
LNG trade increased 3.1% globally in 2023 to average 52.9 Bcft/d, an increase of 1.6 Bcf/d from 2022, according to a report from the International Group of Liquefied Natural Gas Importers (GIIGNL).
Shell, TotalEnergies, bp, Mitsui & Co. take 10% stakes in ADNOC's Ruwais LNG project
His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has met with the heads of global energy companies to exchange views on the future of the energy sector and the UAE's commitment to ensuring a sustainable future through the adoption and implementation of latest innovations, as well as the pursuit of international collaboration.
ADNOC's Ruwais LNG to earmark 40% stake to Shell, Total, bp, Mitsui
Abu Dhabi National Oil Co. (ADNOC) has earmarked a 40% stake in its Ruwais liquefied natural gas (LNG) project to four energy majors: Shell, TotalEnergies, bp and Japan's Mitsui.
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.
Israel approves extra gas exports, Leviathan field to be expanded
The partners in Israel's Leviathan gas field said on Wednesday they planned to invest up to $500 MM to expand its capacity after the government approved the export of more natural gas from its offshore fields to boost the economy.
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.
NPCC awards Amarinth another pump order at ADNOC’s Lower Zakum facility
Amarinth, a world-leading, net-zero designer and manufacturer of low lifecycle cost centrifugal pumps and associated equipment has again secured an order from NPCC for API 610 OH2 pumps destined for ADNOC’s Lower Zakum facility in the UAE.
Siemens Energy awarded $1.5-B Saudi energy supply contract
Siemens Energy is supplying key power plant technologies that will provide almost 4 GW to the Kingdom, and in addition has also entered a long-term maintenance contract for 25 years for the two power plants, with a total value of approximately $1.5 B.
Maximum fill volume in propane, butane and LPG pressurized storage tanks
This article details the maximum fill volume for propane, butane and LPG storage tanks at processing facilities.
Global Projects Data
This article provides a summary of active gas processing and LNG projects around the world, including total project numbers, and market share by region and activity level.
Global pipelines construction outlook 2024—Part 2
This article will provide a forecast on pipeline construction in Africa, Asia, Europe, Russia and the Commonwealth of Independent States (CIS), and the Middle East.
Technip Energies, JGC and NMDC Energy awarded a major contract for ADNOC’s Ruwais LNG project in the UAE
Technip Energies, leader of a joint venture with JGC and NMDC Energy, has been awarded a major contract (> €1 B in revenue) by ADNOC for the engineering, procurement and construction (EPC) of the lower-carbon Ruwais LNG project, located in Al Ruwais Industrial City, Abu Dhabi.
NextDecade, Saudi Aramco sign 20-yr LNG supply deal
U.S. liquefied natural gas (LNG) provider NextDecade has signed a non-binding agreement with Saudi Aramco to supply 1.2 metric MMtpy of LNG for 20 yr.
Wood to deliver 3-yr engineering contract with TotalEnergies in Iraq
Wood, a global leader in consulting and engineering, has been awarded a new $46-MM, 3-yr contract by TotalEnergies in Iraq.
QatarEnergy selects CPC as North Field expansion partner, signs 4 MMtpy LNG SPA for 27 years
QatarEnergy signed definitive agreements with CPC Corporation, Taiwan (CPC) covering the long-term supply of LNG to CPC and partnership in the North Field East (NFE) LNG expansion project.
Bangladesh's Summit LNG to send damaged FSRU to Singapore or Middle East for repairs
Bangladesh's Summit LNG said its floating storage and regasification unit (FSRU) was ready to discharge the liquefied natural gas (LNG) it had onboard before proceeding to Singapore or the Middle East for necessary repairs.
Egyptian fertilizer plants shut down temporarily due to gas supply pressures
Gas supplies will gradually resume flowing as of Thursday to fertilizer factories in Egypt after several chemical and fertilizer companies shut down plants on a temporary basis.
Saudi Aramco holding LNG talks with Tellurian, NextDecade
Aramco is in talks with U.S. firms Tellurian and NextDecade on two separate LNG projects as the Saudi firm seeks to boost its gas trading and production.
Saudi Aramco in LNG talks with US Tellurian, NextDecade
Oil giant Aramco is in talks with U.S. firms Tellurian and NextDecade on two separate LNG projects as the Saudi firm seeks to boost its gas trading and production.
TES, OQ Alternative Energy sign JSA for an e-NG facility in Oman
TES and OQ Alternative Energy announced that they have entered in a Joint Study Agreement to assess the development of an e-NG facility in Oman.
ADNOC to acquire 10% equity stake in major LNG development in Mozambique
ADNOC announced the acquisition of Galp’s 10% interest in the Area 4 concession of the Rovuma basin in Mozambique, entitling ADNOC to a share of the LNG production from the concession, which has a combined production capacity exceeding 25 MMtpy.
ADNOC purchases stake/offtake from NextDecade LNG (U.S.)
ADNOC announced the acquisition of a 11.7% stake in Phase 1 of NextDecade's Rio Grande LNG, along with a 20-yr LNG offtake agreement from Train 4.
UAE's ADNOC planning US trading expansion
Abu Dhabi National Oil Company (ADNOC) is planning to set up a trading desk in the U.S. as part of the United Arab Emirates-backed oil and gas producer's global expansion efforts.
Qatar to sign more long-term LNG contracts this year
Qatar has not had difficulty securing long-term liquefied natural gas (LNG) contracts and will sign more this year, according to QatarEnergy CEO and State Minister for Energy Saad al-Kaabi.
Investments surge on strong demand outlook for LNG bunkering
Drewry projects more than 1,000 LNG-fueled vessels to be in service by 2027. However, development of the bunkering infrastructure appears to be lagging in comparison to the growth in fleet as well as the potential demand, which could take a leap of 30 MMtpy by 2028.
- Woodfibre LNG receives BCEAO order to move floatel to site to house non-local workforce
- QatarEnergy, Exxon seek to remove contractor from Texas gas project
- Veolia, Waga Energy and ENGIE collaborate to develop renewable natural gas industry in France
- Congo Brazzaville becomes an LNG exporting country
- Fulcrum LNG to pair with McDermott, Baker Hughes for Guyana gas project
- EU approves law to hit gas imports with methane emissions limit
- Veolia, Waga Energy and ENGIE collaborate to develop renewable natural gas industry in France
- Hawai'i Gas selects Eurus Energy America, Bana Pacific for hydrogen and renewable natural gas projects
- TotalEnergies increases LNG deliveries to Asia with two new contracts
- Desert Mountain Energy Corp. initiates helium production
