Arctic LNG 2 to Buy Nuovo Pignone Turbines

Shailaja A. Lakshmi
Saturday, December 22, 2018

Russia's largest independent natural gas producer PAO Novatek announced that its next LNG project, Arctic LNG 2 and Nuovo Pignone (Italy) signed an agreement on turbo machinery equipment.

The the seventh largest publicly traded company globally by natural gas production volume said in a press release that the agreement provides for the supply of gas turbine compressors and gas turbine generators for the three liquefaction trains for the Arctic LNG 2 project.

“Our partnership with Nuovo Pignone extends back to 2013 as they supplied gas turbine compressors for the three liquefaction trains of our Yamal LNG project.” noted Leonid Mikhelson, Novatek's Chairman of the Management Board.

“For Arctic LNG 2, we need the unique turbo machinery to produce 6.6 million tons of LNG per annum. Our cooperation with Nuovo Pignone can create opportunities for localizing the production of related equipment in Russia,” Mikhelson added.

The Arctic LNG 2 project envisages constructing three LNG trains at 6.6 million tons per annum each, using gravity-based structure (GBS) platforms. The Project is based on the hydrocarbon resources of the Utrenneye field.

As of 1 December 2018, the Utrenneye field’s reserves under the Russian reserves classification totaled 1,978 billion cubic meters of natural gas and 105 million tons of liquids. OOO Arctic LNG 2 owns an LNG export license.

Categories: LNG Marine Equipment Turbines

Related Stories

SOVs – Analyzing Current, Future Demand Drivers

Subsea Vessel Market is Full Steam Ahead

Strategic Marine Delivers Crewboat for Truth Maritime Services

Saipem Loads Out Three Topsides for QatarEnergy LNG’s North Field Gas Project

AG&P LNG Grabs Stake in $500M LNG Terminal in South Vietnam

TotalEnergies Signs 16-Year LNG Supply Deal with Sembcorp

Digitalization is Drawing CCS a New Learning Curve

Valeura Buys Nong Yao Field’s FSO Aurora and Expands Wassana Drilling Campaign

Nebula Energy Acquires Majority Stake in AG&P LNG for $300M

QatarEnergy Signs 15-year LNG Supply Deal with Excelerate Energy

Current News

SOVs – Analyzing Current, Future Demand Drivers

Decarbonization Offshore O&G: Navigating the Path Forward

Subsea Vessel Market is Full Steam Ahead

China's Imports of Russian Oil Near Record High

TotalEnergies Inks $530M Deal to Acquire Malaysia’s SapuraOMV

Energy Storage on O&G Platforms - A Safety Boost, too?

Malampaya Gas Field Exceeds Export Capacity Amid Grid Demands in Philippines

Timor-Leste: Chuditch-2 Well to be Drilled at New Location Following Site Surveys

Akastor’s Subsidiary Wins $101M Case Against Seatrium's Jurong Shipyard

ONGC Hires Consortium to Deliver FEED Work for Bay of Bengal Oil Field

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com