Boskalis Wins Woodside Scarborough Contract
Dutch dredging company Royal Boskalis Westminster N.V. has been awarded the contract for the seabed intervention and shore crossing activities for Woodside’s proposed Scarborough export gas pipeline in northwest Australia.The contract awarded by Woodside Energy Ltd.
Australia Dominates China's LNG Supply
Australia's fast-expanding liquefied natural gas industry has this year been supplying the lion's share of China's growing demand for imports of the commodity, with appetite surging as Beijing shifts away from dirtier fuels such…
Prelude FLNG Enters into Lloyd’s Register Class
Shell’s floating liquefied natural gas (FLNG) facility Prelude has officially entered into Lloyd's Register (LR) class. At 488 meters long, 74 meters wide and displacing about 600,000 tonnes of water, Prelude is the largest floating offshore facility in the world.
Shell's FLNG Facility Sets Sail for Australia
Royal Dutch Shell's Prelude floating liquefied natural gas (FLNG) ship has left a shipyard in South Korea for its destination offshore northwest Australia, the company said on Thursday. Shell's $12.6 billion Prelude project is expected to start operating next year…
FLNG Production Bows out as US Exports Roil Market
Once considered the future of gas production, floating liquefied natural gas (FLNG) projects have been firmly relegated to the backburner as global gas producers seek cheaper ways to compete with a surge in U.S. shale supplies and slumping prices.
LNG Exports: US to Overtake Australia
Australia is America’s biggest competitor in the fast growing global LNG market, but the Pacific nation is struggling to realize its natural gas exporting potential. Over the next decade, what the International Energy Agency calls "footloose" U.S.
Australian LNG Projects Face Delays, Benefiting US Producers
Australia's plans for a huge increase in its production of liquefied natural gas are being dealt a big blow by a series of production delays, as energy companies struggle with technical problems and cost overruns. The country is still likely to become the world's biggest LNG exporter…
FPSOs Sit Unprecedentedly Idle
The 20 year four-fold growth pattern in the world’s FPSO fleet stalls out in 2016 with a record number of FPSOs idle and available for redeployment – or perhaps to be forced into other uses, lay up or scrap. FPSO redeployments typically are far more complex…
Global LNG Prices Eroded By Mounting Supply
Asian spot prices for liquefied natural gas (LNG) slid for the third straight week, as pressure mounted from new Australian and U.S. supplies, traders said. LNG for April delivery in Asia eased to $4.30 per million British thermal units (mmBtu), down 20 cents from the previous week.
FLNG Birth of a Market
FLNG deal-making has been sporadic since Woodside Petroleum at the end of 2013 delayed a final investment decision for the giant Browse FLNG project off Northwest Australia. The previous year had seen go-aheads for most of the floating…
