Australia’s oil and gas sector says strong future LNG export earnings underscore the need for regulatory certainty in areas such as project approvals to encourage new gas supply investment.
Baker Hughes has been awarded a major contract to provide a modularised LNG system and power island.
Aramco has signed definitive agreements to acquire a strategic minority stake in MidOcean Energy for US$500 million.
GTC Vorro, a turnkey provider of environmental services and process technologies to oil and gas, refining and petrochemical companies, has debuted its new calculator for generating the amount of hydrogen sulfide and sulfur dioxide mass.
Worley has announced that is has been chosen to develop the FEED for QatarEnergy LNG’s carbon dioxide sequestration facility, capable of capturing 4.3 million tpy of carbon dioxide.
KBR has announced that it has been awarded an engineering, procurement and construction management contract by Woodside Energy, as operator for and on behalf of the Pluto Joint Venture (JV).
Sempra Infrastructure has announced that the Federal Energy Regulatory Commission (FERC) has approved the permit authorising the Port Arthur LNG Phase 2 expansion project.
NextDecade has announced that its subsidiary, Rio Grande LNG, has entered into a credit agreement with a group of lenders for US$356 million of senior loans.
JERA has invested approximately £1 million in Immaterial, a UK company with gas adsorption technology.
Monthly average natural gas wholesale spot prices at the US benchmark Henry Hub have been generally declining so far in 2023, but these relatively low prices do not immediately translate into lower retail prices for residential consumers.
The US exported more natural gas in 1H23 than in any other previous six-month period, 11% more than in the same period in 2022.
ConocoPhillips has announced further progress on its global LNG strategy, signing a commercial agreement to secure additional regasification capacity in Europe.
North America is set to lead the global ammonia industry capacity additions with a share of 37% by 2030, according to GlobalData.
The EIA reports that the US exported more LNG than any other country in the first half of 2023.
Sempra Infrastructure has announced that it has completed the sale of a 42% indirect, non-controlling interest in its Port Arthur LNG Phase 1 project to KKR.