Gas processing

After declining in 2020, the combined production of US fossil fuels (including natural gas, crude oil and coal) increased by 2% in 2021 to 77.14 quadrillion Btu.

The companies have signed an HOA to negotiate a sale and purchase agreement for the supply of LNG from a proposed Commonwealth LNG development in Louisiana, US.

The EIA’s January ‘Short-Term Energy Outlook’ forecasts that rising electricity generation from renewable energy resources will reduce generation from fossil fuel power plants over the next two years.

Woodside has sold a 49% non-operating participating interest in the Pluto Train 2 joint venture to Global Infrastructure Partners.

Wood Mackenzie, a Verisk business, has released its ‘Global gas and LNG – 6 things to watch for in 2022’ report.

Burckhardt Compression and KB Delta have entered into a strategic partnership for compressor valve parts.

BASF has partnered with China BlueChemical and Wuhuan Engineering to develop a new technology for use of CO2 rich marine gas.

TechnipFMC plc has announced the sale of 9 million Technip Energies N.V. shares through private sale transactions.

BCCK has been awarded an EPC contract to improve overall project economics at a cryogenic gas facility in the Marcellus-Utica Basin in Ohio, US.

In 2021, the wholesale spot price for natural gas at the Henry Hub in Louisiana (the US benchmark for natural gas prices) averaged US$3.89/million Btu.

The Endress+Hauser subsidiaries SpectraSensors Inc. and Kaiser Optical Systems Inc. have joined forces to form a new company: Endress+Hauser Optical Analysis Inc.

A recent study from Flow Research finds that flowmeters will be vital for oil and gas industry measurement as the industry rebounds.

XL Global Group recently worked with Fabri Consulting Engineers to build a containerised gas oil marker additive unit for its client.

Chart Industries was awarded four hydrogen and small scale LNG liquefaction orders in late December 2021.

Pavilion Energy Trading & Supply Pte Ltd and Zhejiang Hangjiaxin Clean Energy Co. Ltd have signed a deal for the supply of small scale LNG from Singapore.