New Fortress Energy has cleared major regulatory hurdles in obtaining an export permit from Mexico’s government for its first Altamira Fast LNG project, but subsequent deals will determine Mexico’s potential as a key liquefied natural gas export country. The project is one of several under development along the Gulf of …
Read More »Moscow hints at strong state support for Novatek’s newest LNG proposal
Russian authorities have promised strong backing to a recently announced plan by the country’s largest independent gas producer, Novatek, to build a liquefied natural gas export plant near the northern port of Murmansk on the Barents Sea. Speaking in Moscow on Monday, Russian Deputy Prime Minister Alexander Novak described the …
Read More »Potential fatality avoided on ExxonMobil platform as projectile plunges onto walkway
A serious incident took place last week on ExxonMobil’s Hebron platform offshore eastern Canada that could have resulted in a fatality. The US supermajor reported that on 28 May, while completing maintenance work on a crane on the Hebron facility, a piece of metal equipment weighing 6.8 kilogrammes was projected …
Read More »Technip Energies takes on pre-FEED work for UK gas plant with carbon capture
Paris-headquartered Technip Energies and partner GE Gas Power will carry out scoping engineering work for a natural gas fired power plant with integrated carbon capture and storage (CCS) in the UK. The greenfield natural gas-fired Combined Cycle Gas Turbine (CCGT) plant with CCS, to be located in Stallingborough, in Lincolnshire, …
Read More »Aker Solutions and Subsea 7 secure valuable four-year extension in Norway
Global services giants Subsea 7 and Aker Solutions have signed a four-year extension of their frame agreement to supply and install all of Aker BP’s subsea production requirements. For Subsea 7, the extension covers the engineering, fabrication and installation of subsea umbilical, risers and flowlines (Surf), while for Aker Solutions …
Read More »Bomesc delivers key module for Russia’s giant LNG project
ALNG 2 Train 2 scheduled to start operation in around a year
Read More »Equinor bombshell to delay Canada oil project sees politicians vent anger
Contractors reeling from bolt from the blue that puts massive Bay du Nord in Newfoundland & Labrador project on ice, while politicians hit out at Norwegian major
Read More »Oil price shows ‘knee-jerk rally’ after Saudi Arabia shocks market with output cut
Key player: Saudi Arabia’s Minister of Energy, Prince Abdulaziz bin Salman Al-Saud, arrives for the 35th Opec meeting in Vienna, Austria, on 4 June 2023. Photo: REUTERS/SCANPIX 1 million barrels per day to be slashed in July alongside reduced Opec+ quotas throughout 2024
Read More »Contractor knocks rivals out of the park in Petrobras subsea tender for six Brazil fields
Three subsea players have submitted offers in a Petrobras tender to contract electro-hydraulic umbilicals for six offshore fields in the Campos and Santos basins offshore Brazil, but one of them easily defeated rivals and knocked competition out of the park. The equipment is meant to serve 100%-owned Petrobras offshore projects …
Read More »Mexico approves $4.5 billion shallow-water field development plan
Mexican hydrocarbons regulator CNH has approved the development plan submitted by state-owned energy company Pemex and its partners for the Zama shallow-water field in the Sureste basin off the coast of Tabasco state. The decision paves the way for the Pemex-led consortium to sanction the project and invest approximately $4.5 …
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