BOEM Announces New GoM Lease Sale
The US Department of the Interior's Bureau of Ocean Energy Management (BOEM) plans to offer about 78 million acres in a region-wide Gulf of Mexico lease sale scheduled for March 2020.Lease Sale 254, which would include all unleased areas in federal waters in the gulf that are not subject to congressional moratorium, will be the sixth held under the 2017-22 federal OCS leasing program…
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…
Centrica Starts Buying Cheniere LNG
British multinational energy and services company Centrica has loaded its first liquefied natural gas (LNG) cargo from the fifth LNG train at the Sabine Pass liquefaction plant in Louisiana under the agreement signed in 2013 with Cheniere Energy Partners, L.P.The gas was loaded onto the GasLog Ltd chartered Skagen vessel over the weekend…
Flooding Disrupts U.S. Gulf Coast Energy Operations
Energy infrastructure on the U.S. Gulf Coast was hit hard by Tropical Storm Imelda on Thursday, as flooding forced a major refinery, a key oil pipeline, terminals and a ship channel in Texas to shut, according to sources familiar with operations.Torrential rain has inundated the Gulf Coast from Houston to western Louisiana for a second straight day.
Next Wave of U.S. LNG Export Projects to be Tougher
The next wave of U.S. liquefied natural gas (LNG) export projects will be “tougher” to bring online, as companies with existing facilities take advantage of lower costs to expand capacity in coming years, the chief executive of Blackstone Group said on Wednesday.Blackstone CEO David Foley said at the Gastech Energy Conference in Houston…
GATE Energy Moves into Singapore
GATE Energy, a player in oil and gas engineering, commissioning and specialty field services, announced the opening of its new Singapore office."This marks the first permanent location for the GATE Energy family of companies outside of the United States," said a press release.Since GATE Energy first opened its office in North America in 2000…
GoM Lease Fetches $159mln in High Bids
Gulf of Mexico (GoM) Lease Sale 253 in New Orleans generated over $159 million in high bids for 151 tracts covering 835,000 acres in federal waters.Twenty-seven companies participated in the lease sale, submitting approximately $175 million in bids, said Bureau of Ocean Energy Management (BOEM).“We are excited about the results from today’s lease sale, which show a continued upward trend for the year.
Chart Gets Order for Calcasieu Pass LNG
U.S. LNG equipment maker Chart Industries has received full notice to proceed (FNTP) regarding its production of cold boxes and brazed aluminium heat exchangers for Venture Global’s 10 million tpy Calcasieu Pass LNG export terminal project.The U.S. Federal Energy Regulatory Commission (FERC) approved Venture Global LNG request to proceed…
LNG Market Recovers in Q2, Says Flex LNG
During the second quarter 2019, spot liquefied natural gas (LNG) freight rates stabilized and started gradually to recover, says Flex LNG, the owner of LNG carrier vessels and floating storage regasification units (FRSUs).Unseasonably slow demand in Asia over the winter due to fewer heating days caused by warmer weather, and cooler…
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…
Cheniere Working on Sabine Pass Trains 3, 4
Cheniere Energy Inc said on Monday it is conducting previously scheduled turnarounds on Trains 3 and 4 at the Sabine Pass liquefied natural gas (LNG) export terminal in Louisiana as part of its maintenance plan for the facility.The company did not say when the units would likely return to service but noted "a good general guide for…
W. Africa Crude Traders Await Sept Programs
Some August-loading Angolan cargoes cleared but trading was slow on Monday as new programs were expected to emerge this week.The preliminary Angolan loading program for September is expected to emerge on Tuesday. New Nigerian programs are expected at the end of the week.BP's August-loading cargo of Girassol, two August-loading cargoes of Mostarda were sold to India's Reliance…
LNG Project Sanctions Set Records in 2019
Rystad Energy expects LNG greenfield investment in 2019 to reach almost $103 billion, which will be the biggest investment year for the burgeoning industry to date.A total of 33 million tpa of liquefaction capacity and $29 billion of Capex has been sanctioned so far this year, from Golden Pass LNG (US), Cheniere’s Sabine Pass T6 (US) and Anadarko’s Area 1 in Mozambique.
Light Sweet Crude Exports Jump at LOOP
The Louisiana Offshore Oil Port (LOOP) exported a record 283,333 barrels per day of light sweet crude last month, according to trade sources, as prices weakened against global Brent.LOOP, which exports mostly medium sour grades produced in the U.S. Gulf of Mexico, last month exported more than twice the amount of light sweet from the prior month. Overall exports of U.S.
McDermott-Chiyoda Sign Cameron LNG Deal
American multinational company McDermott International and its joint venture member Chiyoda have reached an agreement with Cameron LNG related to the construction of its LNG liquefaction project in Louisiana.McDermott and Chiyoda are providing the engineering, procurement and construction for the first three liquefaction trains at…
Delfin Asks for FLNG Project Extension
Delfin LNG LLC asked U.S. federal energy regulators for a three-year and six-month extension until March 28, 2023 to build facilities proposed to connect floating liquefied natural gas (FLNG) vessels off the coast of Louisiana.The U.S. Federal Energy Regulatory Commission (FERC) issued an order on Sept. 28, 2017 authorizing Delfin…
Record Number of VLCC Liftings at LOOP
Medium-sour crudes from the U.S. Gulf of Mexico are being snapped up by overseas buyers, paving way for a record six supertankers to load at the Louisiana Offshore Oil Port (LOOP) in a matter of weeks, according to people familiar with the matter.The six scheduled loadings in late May and early June would double the record of Very Large Crude Carriers (VLCCs) reached in December.
Cheniere to build LA Sabine LNG Export Train
U.S. liquefied natural gas (LNG) company Cheniere Energy Inc said on Monday it will build the sixth liquefaction train at its Sabine Pass LNG export terminal in Louisiana.Cheniere also said it expects to make a positive final investment decision as early as 2020 to add about 9.5 million tonnes per annum (MTPA) of additional liquefaction…
US Oil Production Up, Needs More Pipelines
The rising domestic crude oil production in the United States has created a need for more pipeline capacity, revealed the US Energy Information Administration (EIA).EIA recently launched a new liquids pipeline projects database that tracks more than 200 crude oil, hydrocarbon gas liquids (HGL), and petroleum products pipeline projects."Rising…
Tellurian to Decide on Louisiana Driftwood LNG Project in 2019
Tellurian Inc confirmed on Wednesday it still plans to make a final investment decision to build its proposed $30 billion Driftwood liquefied natural gas (LNG) export project in Louisiana in 2019:* The company, in a first-quarter earnings statement, said it was on track to make a final investment decision in 2019, start construction…
