Thursday, January 23, 2020

Gas Monetization News

Mozambique Awards Rovuma LNG Project Gig

Pierre Bechelany (center), Fluor's president of Pipelines & LNG, signs contract. (Photo: Business Wire)

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…

Angola Seeks to Reduce Gas Flaring to Capture Revenue

© Igor Kardasov / Adobe Stock

Angola wants to cash in on the roughly 3 billion cubic feet per day of associated natural gas it produces, most of which is now flared, the petroleum minister said on Wednesday.The announcement of efforts to generate more revenues by reducing gas flaring…

W African Firm Builds LNG Import Capacity

Pic courtesy: Equatorial Guinea LNG

Equatorial Guinea is set to construct the first liquefied natural gas (LNG) storage and regasification plant in West Africa, advancing efforts to monetize gas resources through the creation of a domestic gas-to-power infrastructure.Located at the Port of Akonikien…

TechnipFMC Awarded Pluto Contract

Pluto LNG Platform (Photo: Woodside)

TechnipFMC said it has been awarded a contract by Woodside to upgrade the Pluto Platform Offshore for water treatment, located offshore Western Australia.The contract includes the engineering, procurement, construction, installation and commissioning (EPCIC) of the Pluto Water Handling Module.

BP, Rosneft Agree to Cooperate in Gas Business

Rosneft and BP have signed an agreement on strategic cooperation in gas and a Memorandum of Understanding (MoU) in respect to the sale and purchase of natural gas in Europe. The two companies agreed to develop integrated cooperation in gas and aim to jointly…

Technip, Chemetry Ink eShuttle Technology Deal

Chemetry’s eShuttle Platform Image Chemetry

Technip and Chemetry have signed an exclusive cooperation agreement for the licensing and engineering of Chemetry’s eShuttle technology for the production of ethylene dichloride (EDC). EDC is a commodity chemical produced worldwide and used primarily for PVC(1) plastic production.

Technip, BTG Bioliquids Ink Biomass-to-Oil Production Deal

Courtesy Technip

Technip announced today that it has signed an exclusive cooperation agreement with BTG BioLiquids B.V. (BTL) to provide EPC(1) services for its modular pyrolysis plants. The plants will be based on BTL’s Fast Pyrolysis Oil(2) (FPO) technology which converts biomass to oil through a rapid pyrolysis process.

Technip Acquires BP Chemicals’ Hummingbird

Technip has completed the acquisition of Hummingbird ethanol to ethylene technology from BP Chemicals Ltd. Utilizing a proprietary catalyst operating under mild operating conditions, the technology converts ethanol to ethylene through dehydration. The process…

Technip Technology for Chinese Ethylene Plant

Courtesy Technip

Technip announced today that it has entered into a contract to supply its proprietary ethylene technology, Process Design Package, technical services and proprietary equipment to SP Olefins (Taixing) Co. Ltd, a subsidiary of SP Chemicals(1), for a 650 KTA grassroots gas cracker.

Golar LNG, Schlumberger Form Gas Partnership

Golar LNG has signed a Memorandum of Understanding with Schlumberger to cooperate on the global development of greenfield, brownfield and stranded gas reserves. Under the Memorandum, Golar and Schlumberger have agreed to jointly market gas monetization solutions to owners, investors and governments.

Saipem Bags $750m E&C Contracts in Gulf of Mexico

Umberto Vergine, Saipem CEO,

Saipem has been awarded new offshore Engineering & Construction contracts in the Gulf of Mexico, for a total amount of approximately $750 million. Pemex has awarded Saipem an EPCI contract for the development of the Lakach field, located 98 km southeast of Veracruz and 131 km northwest of Coatzacoalcos…

Internal Board Committees Of Saipem Appointed

Courtesy Saipem S.p.A

The Board of Directors of Saipem S.p.A. Both Committees are comprised entirely of independent Board Directors, pursuant to art. 37, paragraph 1 letter d) and paragraph 1-bis of Markets’ Regulations. Saipem operates in the Engineering & Construction and Drilling businesses…

Ecospeed to Coat EXMAR Caribbean FLNG

In order to tap into Colombian stranded gas reserves, Pacific Rubiales Energy Corporation and EXMAR nv have partnered in a project to build and operate a floating LNG liquefaction, and storage unit, the Caribbean FLNG, which will be stationed at a jetty…