Kiewit resolves dispute with Venture Global LNG regarding construction disclosures
The president of Kiewit Energy announced that construction contractor Kiewit settled its lawsuit against Venture Global LNG for disclosing information to Shell about the Calcasieu Pass LNG Plant. Venture Global filed an arbitration complaint against Kiewit on August 2, alleging that it had passed confidential documents to Shell during a dispute regarding the Louisiana LNG plant's commercial production status. Kiewit Energy's President Tom Shelby said, "There are no ongoing lawsuits.
US LNG Export Dominance Tested as Europe's Demand Wilts
The United States has remained the largest exporter of liquefied natural gas (LNG) so far in 2024, but a steep drop in selling prices and a sharp swing in export volumes to key markets is likely testing exporter appetite to stay on top.The United States shipped a record 56.9 million metric tons of LNG during the first eight months of 2024, according to Kpler.That surpassed the 54.3 million tons from Australia and 53.7 million tons from Qatar during that period…
Venture Global LNG Accuses Kiewit of Sharing Confidential Documents with Shell
Venture Global LNG, a U.S.-based liquefied gas company, sued Kiewit Construction on Friday for allegedly passing confidential documents to Shell Plc.Calcasieu Pass, a plant owned by Venture Global LNG in Louisiana has long been the subject of a dispute involving BP Plc and Shell over the access to LNG produced at the facility.Venture Global filed with the New York State Supreme Court stating that "Kiewit had been entrusted this information in order to facilitate its construction of a natural-gas liquefact
Floating Power Plants: Is Nuclear the Key in the Net-zero Energy Transition?
Floating nuclear power plants (FNPPs) may not immediately spring to mind as providing a solution to several of today’s key global challenges – but FNPP development is emerging as a means of decentralized stand-alone production of cost competitive hydrogen-based fuels and clean electricity and water, according to a new report by Intelatus Global Partners.The commercial case for deployment of FNPPs featuring…
Intelatus: The long-tenured, New Name in Market Intel & Planning
Intelatus Global Partners is a new name in energy, marine and industrial market analysis and strategic planning, a ‘new name’ with nearly 50 years of experience and proven results.Founded by the merger of International Maritime Associates (IMA) and World Energy Reports (WER), Intelatus is a firm of business consultants with unique experience of nearly five decades across the entire maritime supply chain, producing multi-client analytical studies for sectors including offshore oil and gas…
SHI Demos SENSE IV, Its Own Natural Gas Liquefaction Process
Samsung Heavy Industries announced on November 18 that it successfully held a demonstration ceremony at the Geoje shipyard for "SENSE IV (SAMSUNG Enhanced Nitrogen Split Exapnsion IV)", SHI's in-house natural gas liquefaction system.The demonstration, which began on November 16, was attended by several major LNG producers and classification societies.The natural gas liquefaction system, called "An LNG plant on the sea…
Cheniere Energy Ships 1,000th LNG Cargo
US-based liquefied natural gas (LNG) firm Cheniere Energy has produced and exported its 1,000th cargo of LNG.The Houston-based LNG exporter said in a press note that the 1000th cargo was exported within a four-year time period after startup, setting an industry record and making Cheniere the fastest producer in the world to reach this milestone.Cheniere has produced these 1,000 cargoes from both the Sabine…
Yamal LNG Gets All 15 Arc7 Ice-Class Tankers
Russian liquefied natural gas (LNG) producer Yamal LNG announced the operational start of the new Arc7 ice-class LNG tanker “Yakov Gakkel”, the fifteenth and final Arc7 ice-class tanker built specifically for the Project.The Yakov Gakkel has loaded the 354th LNG cargo in the port of Sabetta bound to China, said a press note.The vessel was built by Daewoo Shipbuilding and Marine Engineering (DSME) and is owned and operated by a 50-50 joint venture by Teekay LNG and China LNG Shipping.
Yamal LNG Exceeds Nameplate Capacity
Yamal LNG, a liquefied natural gas plant located in Sabetta at the north-east of the Yamal Peninsula, Russia, announced that since the beginning of 2019, the LNG plant produced more than 16.5 million tons of LNG.The Project exceeded its annual nameplate production capacity during the first eleven months of the year, when all three LNG trains were in operation, as the third LNG train was launched at the end…
Mitsui, Sempra Energy Sign LNG Deal
North American energy infrastructure company Sempra Energy and Japanese trader Mitsui & Co. have entered into a memorandum of understanding (MOU) under which the latter would take part in the Cameron LNG Phase 2 project in Louisiana.The MoU also encompasses a future expansion of the Energía Costa Azul (ECA) LNG project in Baja California, Mexico."This agreement signals continued momentum in the growing U.S.
Mozambique Awards Rovuma LNG Project Gig
Mozambique Rovuma Venture (MRV) has awarded an engineering, procurement, and construction contract to a consortium of Fluor, JGC, and TechnipFMC for its Mozambique Rovuma LNG Phase 1 project in Cabo Delgado, Mozambique.MRV, a joint-venture composed of Eni, ExxonMobil and CNPC, holds a 70% interest in the exploration and production concession of Area 4, with Galp, Kogas and Empresa Nacional de Hidrocarbonetos (ENH) each holding a 10% interest.The Rovuma LNG Project will produce…
FERC Approves Plaquemines LNG Facility
The US Federal Energy Regulatory Commission has approved the construction of Venture Global's proposed $8.5 billion Plaquemines liquefied natural gas export facility in Louisiana. Venture Global LNG to build an LNG Plaquemines export terminal and a gas pipeline between the terminal and the interstate gas network.PGNiG will receive liquefied natural gas from this terminal from 2023.“We congratulate our American…
African LNG to Attract $103Bln in 2019
With greenfield investments in Nigeria, Egypt, Mozambique and elsewhere reaching nearly $103 billion this year, it is clear that liquefaction is viewed as the most profitable strategy for realizing Africa’s gas potential, said Gas Exporting Countries Forum (GECF).Africa is an exciting frontier in the global natural gas sector. The continent holds 7.1 percent of proven global gas reserves and is expected to…
Cameron LNG Begins Commercial Service
North American energy infrastructure company Sempra Energy said that the first train of the Cameron liquefied natural gas (LNG) liquefaction export project in Louisiana has started commercial operations under Cameron's tolling agreements.Train 1 is part of Phase 1 of the Cameron LNG liquefaction export project which includes a projected export capacity of 12M metric tons/year of liquefied natural gas, or 1.7B cf/day of natural gas."This is an exciting moment for Cameron LNG and for Sempra Energy…
Sabine Pass LNG Train 6 Under Construction
The liquefied natural gas company headquartered in Houston Cheniere Energy said that through Cheniere Partners, it is developing six natural gas liquefaction Trains at the Sabine Pass LNG (SPL) terminal adjacent to the existing regasification facilities.Trains 1 through 5 are operational and Train 6 is under construction, it said in a release.Cheniere is also developing three Trains near Corpus Christi, Texas (CCL Project).
Novatek Signs LNG Equipment Deal
The Russian natural-gas company Novatek and Atomenergomash, a mechanical engineering division of the Rosatom State Corporation, have signed a memorandum on strategic partnership and localizing the fabrication of critical equipment for liquefied natural gas (LNG) production.Novatek said that under the memorandum, the two companies will cooperate in the long term to localize the fabrication of pumps, heat exchangers…
Anadarko Approves $20 Bln Mozambique LNG Project
U.S. energy firm Anadarko Petroleum Corp gave the go-ahead on Tuesday for the construction of a $20 billion gas liquefaction and export terminal in Mozambique, the largest single LNG project approved in Africa, according to the government of Mozambique and energy consultancy Wood Mackenzie.The announcement, which occurred at an event in Mozambique, was widely expected after Anadarko last month flagged the decision date.
Saudi Aramco to Buy LNG from US
Saudi Arabia’s state owned oil company Saudi Aramco will buy 5 million tons of liquid natural gas per year(LNG) from the U.S. company Sempra Energy, based in San Diego under a 20 year agreement.The heads of agreement (HOA) between the companies anticipates the negotiation and finalization of a definitive 20-year liquefied natural gas (LNG) sale-and-purchase agreement (SPA) for five million tonnes per annum (Mtpa) of LNG offtake from Phase 1 of the Port Arthur LNG export-project under development.
Rovuma LNG Gets Government Green Light
The government of Mozambique has approved development plans for the ExxonMobil-led Rovuma LNG project, which will produce, liquefy and market natural gas from three reservoirs located in the Area 4 block offshore Mozambique, two of which straddle the boundary with neighboring Area 1.“The development plan approval marks another significant step toward a final investment decision (FID) later this year,” said Liam Mallon…
DOE Approves Port Arthur LNG Project
The U.S. Department of Energy (DOE) announced the signing of a long-term order authorizing the export of domestically produced liquefied natural gas (LNG) from Sempra Energy’s Port Arthur LNG export project to be built in Port Arthur, Texas. The U.S. Secretary of Energy Rick Perry signed the authorization allowing Port Arthur LNG to export approximately 13.5 million tonnes per annum (Mtpa) of LNG to countries that do not have a free-trade agreement (FTA) with the U.S.
