Tag: LNG

The Alaska Gasline Development Corporation and affiliates of ExxonMobil, BP and ConocoPhillips have concluded agreements that will enhance AGDC’s ability to progress an Alaska liquefied natural gas export project to commercialize Alaska’s North Slope natural gas resources.

Wärtsilä and MOL LNG Transport Europe Ltd. signed ten-year comprehensive service agreement that includes all scheduled engine maintenance activities, workshop services and online remote support.

BP and PTT Public Limited Company (PTT) entered into a sales and purchase agreement for liquefied natural gas (LNG).Under the agreement, BP will provide PTT with approximately 1 million tonnes of LNG per annum.

Novatek announced its cooperation with Japanese firms in the LNG sector after signing several agreements. The company intends to pursue strategic cooperation in the upstream and liquefaction sectors in Russia, LNG and liquid hydrocarbons supply, equipment and technology supply as well as joint development of LNG markets.

DSME and Kongsberg Maritime recently signed a Joint Development Agreement (JDA), which enables DSME to utilise Kongsberg Maritime's Dynamic Process Simulator 'K-Spice' and the 'K-Chief' automation and control system for the joint development of the vessel's regasification control system..

PETRONAS has announced that its first floating liquefied natural gas (LNG) facility, PFLNG SATU, has successfully produced its first drop of LNG from the Kanowit gas field, offshore Sarawak on 5 December 2016.

According to the US Energy Information Administration, U.S. pipeline exports of natural gas continued to grow in 2016, and they have doubled since 2009. Almost all of this growth is attributable to increasing exports to Mexico, which have accounted for more than half of all U.S. natural gas exports since April 2015.

The LGC NCOE staff delivered a three-day Liquefied Natural Gas (LNG) training seminar to the Panama Canal which covered the chemical and physical properties of LNG, to include flammability, LEL, compression and cryogenic characteristics, and the general arrangement of LNG Carriers and their safety systems and cargo operations

In stark contrast to media reports claiming that the use of LNG as a marine fuel can reduce the industry’s CO2 emissions by 75%, Ian Adams, former CEO of IBIA, notes that LNG is not a panacea to reducing GHG emissions and its increasing use could be worse for the environment than burning heavy fuel oil.

Sembcorp Marine Rigs & Floaters and ENGIE have entered into a MOU to cooperate in the development and deployment of Sembcorp Marine’s proprietary Gravifloat technology for LNG-to-Power near-shore terminals, focusing on small LNG power businesses with 10 MW to 300 MW capacities.