fLNG
Oil & Gas and Petrochemical market has grown up by 30% in 2017 in respect with the number of projects sanctioned for execution with EPC contracts. This number confirms our last year forecast and gives credit to our estimation of 20% to 35% growth for 2018. This market upturn is driven by a market shift from the IOCs to the NOCs and Independent companies, representing both nearly 80% of the capital expenditure as operator on the next five years. As a results the projects get smaller and run on fast-track requiring more agility from the sales organizations for detection and capture.
Mozambique Key Projects and Business Highlights 2014 Mozambique appears as one of the most promising country for natural gas exploration production and could become one of the largest exporter of liquefied natural gas (LNG) under the lead of companies such as Anadarko Petroleum Company (Anadarko) from USA, Eni from Italy, Mitsui E&P from Japan, China national Petroleum […]
Wison to propose Pandora FLNG conceptual design The Chinese engineering company and shipyard Wison Offshore and Marine (Wison) submitted an expression of interest (EOI) to the Australian junior company Cott Oil and Gas Limited (Cott) as the main stakeholder of the Block PRL 38 offshore Papua New Guinea to propose a floating liquefied natural gas […]
Petrofac contracted as Block R Development Operator The London-based junior company Ophir Energy plc (Ophir) has appointed the engineering company Petrofac from UK, to support them for the development of the natural gas reserves held in the Block R, offshore Equatorial Guinea on the west coast of Africa. While listed in UK with main operations […]
Eni may run its own fast track on Mozambique LNG The Italian national oil company Eni and its partners China National Petroleum Corporation (CNPC or PetroChina), Kogas from South Korea, Galp Energia from Portugal and Mozambique Emprecia Nacional de Hidrocarbonetos (ENH) are evaluating alternative solutions to develop its Mozambique liquefied natural gas (LNG) project on […]
Abadi LNG to be expanded on conventional scheme The Japanese company Inpex and its Anglo-Dutch partner Shell have decided to use the conventional scheme, offshore – pipeline – onshore, to implement the full field development of the Abadi LNG project offshore Indonesia. With the Abadi project, Inpex and Shell intend to develop the Masela Block located at […]
Petrobras to prepare FEED tender for first GTL FPSO After years of feasibility studies and tests, Petrobras is readying to move on the first gas-to-liquid (GTL) floating, production, storage and offloading (FPSO) vessel ever made in the world to stop flaring the associated gas released from the production of the pre-salt crude oil offshore Brazil. […]
Eni to consider FLNG to speed up Mozambique LNG The Italian major company Eni and its partners, China National Petroleum Corporation (CNPC or PetroChina), the local Emprecia Nacional de Hidrocarbonetos (ENH), Kogas from South Korea and Galp Energia from Portugal, are considering to use floating liquefied natural gas (FLNG) vessel to speed up the development […]
