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[grupo guitarlumber] 21/9/2022 10:59

hazl
21 Sep '22 - 10:48 - 2510 of 2510
0 1 0


Very interesting indeed stranded assets.

[florenceorbis] 09/8/2022 15:08

rté



Centrica signs £7 billion LNG deal with US supplier

Updated / Tuesday, 9 Aug 2022 14:19


Centrica has signed a £7 billion agreement with US-based Delfin Midstream to buy liquefied natural gas (LNG) from 2026, Britain's largest energy supplier said today.

Countries across Europe are seeking to diversify their energy supplies following Russia's invasion of Ukraine and a drop in gas flows from Russia to Europe.

Centrica, which owns Bord Gáis Energy and British Gas, said the 15-year deal would be worth around £7 billion and involve buying 1 million tonnes of LNG a year on a free on board (FOB) from the Delfin Deepwater Port off the coast of Louisiana from 2026.

"Natural gas has now been recognised as an essential transition fuel on the path to net zero just at the point geopolitical uncertainty is impacting the global gas market," said Centrica CEO Chris O'Shea in a statement.

Britain is home to three of the largest LNG terminals in Europe - two terminals at Milford Haven and another at the Isle of Grain - where the super chilled fuel is converted back into gas.

"Today's deal between Centrica and Delfin is positive news for the UK, helping to ensure our diversity of supply from reliable sources," Kwasi Kwarteng, Britain's Business and Energy Minister said in Centrica's statement.

The US became the world's top exporter of LNG in the first half of 2022 and is on course to exceed a pledge to provide Europe with more supplies of gas and help to break its dependence on Russian fuels.

Delfin said in the statement the deal was another milestone towards taking a final investment decision by the end of the year on the United States' first floating LNG export terminal.

Centrica also signed an agreement with Norway's Equinor in June for an additional 1 bcm of gas supplies, enough to heat 4.5 million homes over the next three winters.

[the grumpy old men] 31/7/2022 08:09

Algeria, Nigeria, and Niger sign MoU for $13bn Trans Saharan gas pipeline

Oil & GasMidstreamPipeline

By NS Energy Staff Writer 29 Jul 2022

The more than 4,000km long onshore gas pipeline is planned to start in Warri in Nigeria, travel through Niger, and end in Hassi R’Mel in Algeria, from where it will connect to existing pipelines that reach Europe
Pipeline sunset.

The Trans Saharan gas pipeline will have a transportation capacity of up to 30bcm per year. (Credit: outgunned21/Freeimages)

Algeria, Nigeria, and Niger have inked a memorandum of understanding (MoU) to build the $13bn Trans Saharan gas pipeline that will traverse the three African countries across the Sahara Desert.

The MoU was signed in Algiers by the Algerian Minister of Energy and Mines Mohamed Arkab, Nigerian Minister of State for Petroleum Resources Timipre Sylva, and Niger Minister of Energy and Renewable Energy Mahamane Sani Mahamadou.

Expected to be more than 4,000km long, the onshore pipeline is designed to transport up to 30 billion cubic metres (bcm) of natural gas per annum to Europe.

The MoU follows an agreement in June 2022 between the three African countries for reviving the gas pipeline project, which had been discussed for nearly four decades.

In 2009, an accord was signed by Nigeria, Niger, and Algeria to build the Trans Saharan gas pipeline project with an aim to commission it in 2015. However, the project could not be implemented so far due to various reasons, which include security concerns.

Last month, the Nigerien oil ministry stated that the three African countries had established a task force for the pipeline project and designated an entity for updating a feasibility study, reported the Al Jazeera Media Network.

The proposed pipeline will source natural gas from Nigeria and traverse north through Niger, and further to Algeria.

It is planned to start in Warri in Nigeria and end in Hassi R’Mel in Algeria. From there, it will connect to existing pipelines that reach Europe.

The project’s revival come at a time when the European Union is grappling with the supply of natural gas and is looking for alternative sources, following the launch of Russia’s military operations in Ukraine.

[la forge] 10/6/2022 14:00

ABB and Wison Offshore & Marine to develop floating LNG facilities

The companies will look to enhance the efficiency of LNG at sea by optimising and standardising the design of the FLNG unit.




Swiss automation company ABB has partnered with Wison Offshore & Marine (WOM) for the development of floating liquefied natural gas (FLNG) facilities across the world.

FLNG facilities simplify the production, liquefaction, and storage of natural gas at sea, from where it can be dispatched directly to clients across the globe.

Through this partnership, the companies intend to enhance the production efficiency of LNG at sea by optimising and standardising the design of the FLNG unit.

As per the agreement, the Swiss technology company will be responsible for delivering standardised electrification, control, and safety systems to ensure production efficiency.

The partnership will combine WOM’s expertise in offering turnkey engineering, procurement, construction, installation, and commissioning (EPCIC) with ABB’s expertise in integrating electrical, control, and safety systems.

Commenting on the partnership, WOM assistant president Wei Huaqing said: “The FLNG market continues to grow. We are pleased to be working with ABB and look forward to leveraging our complementary expertise to deliver more value for FLNG customers around the world.

“By combining our bespoke offerings, we believe we can increase productivity in greenfield developments and, in doing so, improve overall CAPEX efficiency.”

The alliance will also leverage ABB’s project methodology, Adaptive Execution, which is designed to give clients comprehensive visibility of their project.

ABB Energy Industries China head Cruise-Feng Li commented: “Adaptive Execution can help unlock significant project value for FLNG customers. By designing in a modular and standardised way, and testing everything in a virtual environment, we can tackle design challenges early on, boost performance, and ensure reliability of the infrastructure.

“This enables all the parties involved in the project to achieve more in shorter timeframes, optimising the overall delivery schedule and saving on cost.”

In August last year, ABB secured a $120m contract to supply an overall electrical power system (EPS) for the Jansz-Io compression (J-IC) project, offshore Australia.

In April 2021, Equinor awarded ABB and Siemens Energy contracts to provide electrical equipment services on all of its assets located on the Norwegian continental shelf (NCS).

The agreements have a combined value of Nkr4.5bn ($530.6m) and include electrical equipment services for Equinor’s onshore plants in Norway.



offshore technology

[waldron] 25/5/2022 11:24

off shore energy .biz


GTT will design fuel tank for new LNG carriers DSME is constructing

Infrastructure

May 25, 2022, by Sanja Pekic

Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has ordered tank design for new LNG carriers from French LNG containment specialist GTT.
GTT will design fuel tank for new DSME's LNG carriers
Illustration only; Courtesy of DSME

On 24 May, GTT informed in a statement that it received this order the previous month from its partner the Korean shipyard DSME. The order specifically refers to the tank design of two new LNG carriers.

According to the order, GTT will design the tanks of these two new vessels with a total LNG tank capacity of 174,000 cbm per ship.

Each tank will feature the NO96 GW membrane containment system.


DSME will deliver the first LNGC in the third quarter of 2025, and the second one in the third quarter of 2026.

Both the shipyard and the tech specialist did not disclose further information.

[waldron] 03/5/2022 18:12

European Natural Gas Prices Continue To Slide As LNG Imports Surge

By Irina Slav - May 03, 2022, 9:30 AM CDT

Natural gas prices in Europe on Tuesday extended a slide that began three days ago thanks to forecasts for warmer weather coming to Europe along with LNG shipments seen as offsetting the danger of a cutoff of Russian gas for the EU.

Bloomberg reported that gas futures had slipped by over 3% before recouping some of the losses, but still down from yesterday.

Meanwhile, the European Commission is racing to provide legal clarity for payments in Russian rubles amid calls from major importers that they are still not certain whether such payments would breach EU sanctions on Russia.

“It’s very important that the EU Commission gives a clear legal opinion if payment in rubles is a violation of sanctions,” said Italy’s Prime Minister Mario Draghi on Monday.

The EU remains the top destination for U.S. exports of liquefied natural gas, meanwhile. For the fifth month in a row, Europe took in more than half of U.S. LNG exports globally in April. Total U.S. LNG exports fell slightly during the month mostly on the back of planned maintenance.

With the surge of imports of LNG into the EU, the bloc’s stance on long-term fossil fuel import commitments is beginning to change. Previously a staunch opponent to such long-term commitments, the EU is now reconsidering, according to a report by the Wall Street Journal.

“There’s a real potential here for Europe to signal the demand for U.S. LNG and for our U.S. LNG providers to provide that gas to them in the form of long-term contracts,” said National Security Council senior director for climate and energy Melanie Nakagawa, as quoted by the WSJ.

Besides the United States, the European Union is also looking for gas deliveries from Africa, Bloomberg reported yesterday, citing a draft EU document. Nigeria, Angola, and Senegal are among the countries with solid LNG export potential, according to the document

By Irina Slav for Oilprice.com

[waldron] 03/5/2022 11:27

ENERGYVOICE


French ban on US LNG reverses with Engie deal

Engie has signed a 15-year sale and purchase agreement for buy US LNG, reversing France’s implicit ban on shale gas supplies.

By Ed Reed
03/05/2022, 7:52 am


Engie has signed a 15-year sale and purchase agreement for buy US LNG, reversing France’s implicit ban on shale gas supplies.

The company signed up to buy the 1.75 million tonnes per year from NextDecade’s Rio Grande LNG project. The plant will be in Brownville, in Texas.

Engie will buy the LNG on a free on board (FOB) basis, from the first two trains of the Rio Grande LNG project. NextDecade expects first production in 2026.

In 2020, the French government was said to be obstructing the deal, citing concerns around emissions. Engie had been in the process of striking a deal for supplies from the Rio Grande LNG plant.

“The signing of this SPA is an important step in showing our commitment in the areas of environmental stewardship, social responsibility, and governance best practices, while upholding the LNG industry’s highest standards,” said NextDecade’s chairman and CEO Matt Schatzman.

“It also shows how we can help meet our buyers’ climate change initiatives, while providing them access to secure energy supply.”

The US LNG project intends to capture more than 90% of emissions via a carbon capture and storage (CCS) plan.

NextDecade expects to reach a final investment decision (FID) in the second half of 2022 on at least two trains. It would then approve the next three at a later date. The five-train plant would have up to 27mn tpy of capacity.
Long-term leap

There have been a flurry of recent deals for long-term supplies from US LNG projects. Europe has historically lagged in this regard but there are signs that countries are reconsidering the importance of LNG as bulwark of energy security.

In addition to the Engie-NextDecade deal, Energy Transfer also announced the signing of an agreement to supply LNG to Gunvor.

Energy Transfer said it would provide 2mn tpy of LNG to the trader, on an FOB basis, from the Lake Charles LNG export facility. Exports are expected to start in 2026. #

While European buyers have been slow, China has taken a commanding position in securing long-term LNG deals. In March, ENN signed two SPAs with Energy transfer for a total of 2.7mn tpy.

ENN also signed up another 1.5mn tpy with NextDecade, from the Rio Grande LNG project, in April.

Shell had been participating in the Lake Charles plan until 2020, when it pulled out. At that time, Energy Transfer said it would reduce the scale of the plan to two trains, with a total of 11mn tpy of capacity.

[waldron] 18/4/2022 12:45

TotalEnergies signs Cameron LNG expansion agreement

Published by Sarah Smith, Assistant Editor
LNG Industry, Monday, 18 April 2022 10:05

TotalEnergies has signed a heads of agreement (HOA) with Sempra Infrastructure, Mitsui & Co. Ltd, and Japan LNG Investment – a company jointly owned by Mitsubishi Corporation and Nippon Yusen Kabushiki Kaisha (NYK) – for the expansion of Cameron LNG, an LNG production and export facility located in Louisiana, US.

This expansion project includes the development of a fourth train with a production capacity of 6.75 million tpy, and a 5% increase of the current 13.5 million tpy first three trains through debottlenecking.


It will also include design enhancements aiming at reducing the emissions of the facility, including electric drive technology.



Under the terms of the HOA, TotalEnergies will offtake 16.6% of the projected fourth train’s production capacity, and 25% of the projected debottlenecked capacity. Additionally, Cameron LNG advances the development of this project with the selection of two contractors to conduct a competitive front-end engineering design (FEED) in view of the selection of the engineering, procurement and construction (EPC) contractor.

“We are pleased to take this new step with our partners to increase liquefaction capacity at Cameron LNG, a facility ideally located on the Atlantic basin for export to Europe. In recent years, TotalEnergies has become a leading exporter of US LNG, most of which has been exported to Europe in recent times, contributing to the continent’s security of energy supply.


TotalEnergies is committed to further expanding its presence in the US, thus meeting growing need for LNG, a key transition fuel” said Patrick Pouyanné, Chairman & CEO of TotalEnergies. “The expansion of Cameron LNG will contribute to our LNG growth strategy by investing in low-cost, long-term competitive LNG projects with lower GHG emissions.”

Development of the Cameron LNG expansion project remains subject to definitive agreements, obtaining the necessary permits, and all partners reaching a final investment decision planned for 2023.

Cameron LNG is jointly owned by Sempra Infrastructure (50.2%), TotalEnergies (16.6%), Mitsui & Co. Ltd (16.6%), and Japan LNG Investment (16.6%).

[grupo guitarlumber] 16/4/2022 09:45

(Boursier.com) — TWG
was chosen in March 2022, by its partner the Korean shipyard
Samsung Heavy Industries (SHI) to design tanks
cryogenic of 4 container ships powered by Liquefied Natural Gas
(LNG).

The
LNG is today the best marine fuel to preserve the
air quality, a major public health issue. It allows to reduce
99% sulphur oxide emissions, 91% fine particulate matter, and
by 92% nitrogen oxide emissions. It also reduces
ship emissions up to -20% CO2 compared to a ship
conventional. Each LNG fuel tank will integrate the
Mark III membrane containment, demonstrating the attractiveness of the
GTT technology for both medium-sized and medium-sized container ships
for very large ships.

Deliveries of the container ships are scheduled between the 2nd and 4th quarters of 2024.

[florenceorbis] 12/4/2022 10:06

Tuesday 12 April 2022 9:03 am

Shell restarts LNG shipments from giant floating gas site

By: Nicholas Earl

Shell has restarted shipments of liquefied natural gas (LNG) from Prelude, its massive floating plant off the coast of Western Australia.

This follows operations at the world’s largest floating object being halted for four months after a fire and safety scare.

The oil and gas giant has confirmed the Prelude facility resumed shipping cargos after demonstrating to regulators that it was safe to do so.


Theoretically, Prelude capable of supplying 3.6m tonnes of liquefied natural gas (LNG) per year – close to one per cent of global demand.

LNG is natural gas that has been cooled to liquid form for ease of travel and storage, and has become an increasingly key resource for Asian economies amid post-lockdown rebounds in demand, and for the European Union (EU) as it looks to reduce its reliance on Russian fossil fuels.

Markets remain tight, prices historically high amid fears of supply shortages, meaning the reopening of Prelude could provide relief to worried buyers.

Prelude designed to tap gas in a remote location about 120 miles off the coast of Australia.

However, it has been plagued with difficulties such as spiralling construction costs – which have risen from $11bn to $17bn.


It has also never achieved its target output, with a lengthy shutdown for much of 2020.

In December last year, it had to shut down again after a fire resulted in power outages, with seven members of staff receiving medical treatment for heat-related conditions.

The vessel was considered at risk of “catastrophic failure”, with back-up diesel generators failing while steel structures near the LNG tanks cooled to dangerously low levels.

This led to Australia’s offshore regulator, the National Offshore Petroleum Safety and Environmental Management Authority barring it from restarting until Shell could demonstrate the facility’s safety after a loss of power.

It closed the case last month, enabling Shell to resume operations.

The developments will be encouraging for Shell after announcing a £5bn write-down following its withdrawal from Russia.

It has also announced plans to invest up to £25bn in the UK – amid continued calls from the Labour Party for a windfall tax.

[florenceorbis] 10/4/2022 10:16

Shell to set up LNG stations, bullish on gas market in India

Shell operates a 5 million tonnes a year liquefied natural gas (LNG) import facility at Hazira in Gujarat and has a small network of petrol pumps.



Press Trust of India | New Delhi Last Updated at April 10, 2022 11:44 IST