Gas Processing/LNG
Cheniere taps Bechtel for engineering, construction on Sabine Pass LNG expansion
Bechtel won a $3.9 billion deal from Cheniere Energy Partners to provide engineering, procurement, and construction (EPC) services for two new liquefaction trains at the Sabine Pass liquefied natural gas (LNG) terminal in Cameron Parish, Louisiana. Construction is expected to begin in 2012.
US NGL production to rise over 40% by 2016 - study
US natural gas liquids (NGL) production is expected to increase more than 40% over the next five years, according to a new joint market study from BENTEK Energy and Turner, Mason & Company (TM&C). Current levels of NGL infrastructure are inadequate to handle the surge in NGL production and significant new investment is needed to relieve bottlenecks, according to the authors.
Praxair to supply oxygen for Uruguay pulp mill
Praxair has signed a 15-year contract to supply oxygen to a new pulp mill complex being built in Punta Pereira, in the department of Colonia, Uruguay. Praxair will build, own and operate a non-cryogenic vacuum-pressure-swing-adsorption (VPSA) plant with a capacity of 126 tpd of gaseous oxygen.
UOP technology used to process natural gas on FPSO vessels in Brazil
Honeywell’s UOP said Tuesday that MODEC has commissioned a UOP Separex membrane system for processing natural gas on a new floating production, storage and offloading (FPSO) vessel in Brazil. The FPSO was commissioned in July 2011.
Foster Wheeler inks engineering, construction pact for Qatargas LNG
Foster Wheeler and joint venture partner Qatar Kentz have signed an engineering, procurement and construction management (EPCm) framework agreement with Qatargas Operating Co. (Qatargas). The agreement will be for three years with an option to extend for a further two years.
Iraq cabinet OKs $17.2 billion Shell gas deal
The Iraqi cabinet Tuesday approved a deal worth up to $17.2 billion for Shell to capture and process gas from three giant southern oil fields - Rumaila, West Qurna phase 1, and Zubair in the southern governorate of Basra, a government spokesman said. The Iraqi Oil Ministry initialed the Iraq South Gas agreements last July with Shell and Japan's Mitsubishi Corp.
Atlas Pipeline to expand natural gas processing capacity in west Texas
Atlas Pipeline announced plans to construct a new 200 million cubic feet/day (MMCFD) cryogenic processing plant to accommodate rapidly increasing Permian production in Texas. Pioneer Natural Resources, which partners with Atlas on the WestTX system and owns a 27.2% interest in the facility - will participate in the projects costs and cash flows and will anchor the production growth behind the expansion.
Japan, Russia agree to boost ties, eye LNG project
Japan and Russia signed a memorandum of understanding Saturday aimed at boosting economic relations between the two countries in broad areas including energy, high technology and health care. The two ministers also agreed to work together in a project to build a liquefied natural gas plant in Vladivostok, Russian Far East, for natural gas produced in the island of Sakhalin.
IHS acquires downstream market research firm Purvin & Gertz
Consultancy group IHS has acquired Purvin & Gertz, a global advisory and market research firm that provides technical, commercial and strategic advice to international clients in the petroleum refining, natural gas, natural gas liquids, crude oil and petrochemical industries.
BHP Billiton to spend $4.5bn on US shale this year
BHP Billiton Ltd. plans to invest roughly $4.5 billion developing the shale oil and gas assets it bought in the US this financial year as it ramps up production, the head of the mining company's petroleum division said Monday. BHP is targeting US shale production of 90 million barrels of oil equivalent in the year through June or about 250,000 BOE/day.
- Topsoe and Sasol bring advanced SAF technology to Allied Biofuel’s landmark project in Uzbekistan 7/14
- OMV receives €450-MM loan from the European Investment Bank for its 140-MW green hydrogen production facility 7/13
- Poland's Unimot says it will supply crude to Germany's Schwedt refinery 7/13
- Hormuz traffic slows to two-month low as renewed U.S., Iran strikes raise safety risk 7/13
- Sinopec deepens aviation fuel push with CNAF restructuring 7/13
- Indian naphtha premiums surge as Gulf, Russian supply tightens 7/13
