Oil major Shell expects its Prelude FLNG unit in Australia, the world's largest unit of the type, will remain shut for most of the first quarter of 2022.The world's largest FLNG facility had in January 2021 resumed LNG cargo shipments, almost one year after a shutdown caused by an electrical trip, only to be shut down again in December 2021 after a sudden loss of power, and subsequent failed attempts to re-establish reliable power aboard…
The American Bureau of Shipping (ABS) has awarded Approval in Principle (AIP) to Samsung Heavy Industries’ (SHI) design for a one-side spread mooring system for a floating liquefied natural gas (FLNG) facility.The system developed by SHI allows an FLNG to be safely spread moored on one side…
Royal Dutch Shell said it will pursue 'at pace' a $7 billion share buyback largely funded from the sale of its U.S. shale business as it faces liquefied natural gas (LNG) outages and slower fuel sales due to the economic hit from Omicron.Shares in Shell…
Australian oil and gas industry safety regulator NOPSEMA has ordered Shell to keep the giant Prelude FLNG facility off W. Australia shut until it can convince the regulator that it can keep the facility properly powered and that the safety systems are operational…
Royal Dutch Shell Plc shut production at its Prelude floating liquefied natural gas (LNG) site and Chevron Corp shut one of three processing units at its Gorgon LNG plant, both off northwestern Australia, the companies said on Friday.The Gorgon…
Samsung Heavy Industries announced on November 18 that it successfully held a demonstration ceremony at the Geoje shipyard for 'SENSE IV (SAMSUNG Enhanced Nitrogen Split Exapnsion IV)', SHI's in-house natural gas liquefaction system.The demonstration…
Malaysian oil and gas firm Petronas said Tuesday its floating LNG Unit Satu had delivered its 50th LNG cargo.'The milestone cargo was successfully loaded on September 25, 2021, onto the Seri Cemara LNG carrier operated by MISC Berhad for shipment to Taiwan…
Australia's Transborders Energy, a company working to develop an FLNG solution for marginal field developments, said Thursday that its FLNG Solution development had secured the Major Project Status (MPS) renewal from the Australian Commonwealth Government…
Malaysian oil and gas company Petronas has become the first energy company to produce LNG from two floating LNG facilities, after the LNG shipment was delivered by its floating LNG facility PFLNG DUA on Wednesday, March 24.The cargo was loaded…
Japan's biggest oil and gas explorer Inpex Corp posted a net loss of 111.7 billion yen ($1.1 billion) in 2020 as the COVID-19 pandemic hammered oil prices, cutting its sales and forcing it to book hefty impairment losses.The result marks Inpex's…
Transborders Energy, an Australian company working to develop a 1.5 mpta FLNG solution for marginal field development, on Wednesday said it had signed a multi-party and multi-project FLNG Solution Agreement with multiple contractors, bringing the FLNG unit closer to reality…
Two liquefied natural gas (LNG) tankers that had initially signaled they would load at Royal Dutch Shell's Prelude floating LNG facility in Australia have diverted elsewhere, ship-tracking data showed on Tuesday.This comes just a week after…
Freezing temperatures across Asia and Europe are driving liquefied natural gas (LNG) prices to record highs and pushing up the cost of shipping the fuel globally as buyers grapple with tight inventories and a shortage of tankers.Demand for super…
Wison Offshore and Marine's standardized 1.3MTPA and 3.0MTPA floating liquefied natural gas (FLNG) designs have received Approval in Principle from the American Bureau of Shipping (ABS).ABS Vice President, Global Gas Solutions, Patrick Janssens…
Royal Dutch Shell on Thursday raised its dividend after easily beating quarterly profit forecasts and CEO Ben van Beurden said the group's oil output probably peaked in 2019 as he spearheads a transition to low-carbon energy.The Anglo-Dutch company hit record earnings from its vast retail division…
AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week
