liquefaction
Judge approves Zachry Holdings, Golden Pass LNG settlement, paving the way for project resumption
A bankruptcy court approved a Zachry Holdings and Golden Pass LNG settlement that will allow ExxonMobil and QatarEnergy, the Golden Pass owners, to hire a new lead contractor to complete its LNG plant.
New Fortress Energy announces closing of $700-MM loan for second FLNG vessel
New Fortress Energy announced that after successfully producing LNG at its first FLNG unit, it has closed its previously announced $700-MM loan for its second FLNG unit to be located in Altamira, Mexico.
Woodside's Tellurian acquisition positions the company as one of the largest global LNG suppliers by volume
Addressing Woodside's acquisition of Tellurian and its U.S. Gulf Coast Driftwood LNG project, Daniel Toleman, Research Director for Global LNG at Wood Mackenzie, said, “The acquisition, valued at $1.2 B, presents Woodside with a valuable opportunity to strengthen its position in the Atlantic Basin LNG market. By incorporating the first phase of the Driftwood LNG project, which consists of an 11-metric MMtpy liquefaction capacity into Woodside’s existing 20 MMtpy portfolio, Woodside will emerge as one of the largest global LNG suppliers by volume.”
Golden Pass LNG construction could return to normal after settlement
Work to complete the QatarEnergy and ExxonMobil $11-B LNG project in Texas could speed up following a settlement agreement allowing the joint venture to choose a new contractor to take over the development.
Argent LNG selects GTT onshore tank technology to develop its liquefaction facility in Louisiana (U.S.)
Argent LNG's phased development in Port Fourchon, Louisiana will include GTT, a cryogenic membrane containment system used in the transport and storage of liquefied natural gas (LNG).
Australia's Woodside Energy to buy US LNG developer Tellurian for $1.2 billion
Australia's Woodside Energy said it had agreed to buy U.S. liquefied natural gas developer Tellurian, including its U.S. Gulf Coast Driftwood LNG export project, for $1.2 B including debt.
Australia's Woodside Energy to buy US LNG developer Tellurian for $1.2 billion (1)
Australia's Woodside Energy said it had agreed to buy U.S. liquefied natural gas developer Tellurian, including its U.S. Gulf Coast Driftwood LNG export project, for $1.2 B including debt.
Sempra, Bechtel agree on EPC contract for Port Arthur LNG Phase 2 project in Texas (U.S.)
Sempra Infrastructure announced that Port Arthur LNG Phase 2 and Bechtel Energy have signed a fixed-price engineering, procurement and construction contract for the Port Arthur LNG Phase 2 project under development in Port Arthur, Texas.
Freeport LNG in Texas to restart one train this week after Hurricane Beryl
Freeport LNG plans to restart one of three LNG trains this week at its Texas facility after the company repairs some damage from Hurricane Beryl. The plant, in Freeport, Texas, south of Houston, halted operations on July 7 before Hurricane Beryl hit the coast, causing widespread power outages and wind damage.
Global LNG trade increased more than 1.6 Bcf/d in 2023
LNG trade increased 3.1% globally in 2023 to average 52.9 Bcft/d, an increase of 1.6 Bcf/d from 2022, according to a report from the International Group of Liquefied Natural Gas Importers (GIIGNL).
Honeywell to buy Air Products' LNG unit for $1.81 B as deal-making spree continues
Honeywell said on Wednesday it would buy Air Products' liquefied natural gas (LNG) process technology and equipment business for $1.81 B in cash, marking the industrial giant's fourth acquisition this year.
Venture Global seeks to introduce gas to generator at Plaquemines LNG plant in Louisiana (U.S.)
U.S. LNG company Venture Global LNG sought permission from U.S. energy regulators to take another step towards start-up of its new Plaquemines export plant in Louisiana by fueling its generator.
New Fortress Energy to sell Miami (U.S.) liquefaction and storage facility
New Fortress Energy announced that it has entered into a definitive agreement to sell its liquefaction and storage facility in Miami, Florida to a U.S. middle-market infrastructure fund.
Tellurian closes $260-MM asset sell to help advance Driftwood LNG project
Tellurian Inc. announced that it has closed the previously reported sale of its integrated upstream assets for $260 MM to affiliates of Aethon Energy Management LLC, substantially strengthening its balance sheet as it advances the Driftwood LNG project.
US judge halts Biden administration's pause on LNG permits
A federal judge on Monday dealt President Joe Biden's climate agenda a setback by blocking the Democrat's administration from continuing to pause the approval of applications to export liquefied natural gas (LNG).
FERC approves Venture Global's 20-MMtpy CP2 LNG project in Louisiana (U.S.)
The U.S. Federal Energy Regulatory Commission approved Venture Global's CP2 LNG export terminal project in Cameron Parish, Louisiana (U.S.).
Baker Hughes awarded multi-year contract by Woodside Energy to support Australian LNG operations
Baker Hughes announced it has entered into a new 10-yr services frame agreement with Woodside Energy to support its LNG operations in Australia.
Cedar LNG announces positive FID on 3.3-MMtpy FLNG project
Cedar LNG announced a positive final investment decision on the 3.3-MMtpy FLNG facility in the traditional territory of the Haisla Nation on Canada’s West Coast.
Venture Global launches first vessel from state-of-the-art LNG fleet
Venture Global announced the successful launch of its first LNG vessel, the Venture Gator at a ceremony which took place at the Samsung Heavy Industries shipyard in Geoji-si, South Korea.
Aramco and Sempra announce Heads of Agreement for equity and offtake from Port Arthur LNG Phase 2
Aramco and Sempra announced that their respective subsidiaries have executed a non-binding Heads of Agreement (HoA) for a 20-yr sale and purchase agreement (SPA) for LNG offtake of 5 MMtpy from the Port Arthur LNG Phase 2 expansion project.
Argent LNG signs lease for 20-MMtpy Port Fouchon LNG export terminal
Argent LNG announced the signing of a long-term lease agreement with the Greater Lafourche Port Commission, securing 144 acres of prime land at Port Fourchon, Louisiana (U.S.) for its 20-MMtpy LNG export terminal.
China's Wison New Energies to quit Russian projects in blow to Arctic LNG 2
Chinese engineering firm Wison New Energies has decided to discontinue all of its ongoing Russian projects, and will immediately and indefinitely stop taking any new Russian business.
Repsol's Saint John LNG (Canada) awards technology contract to Galileo Technologies
Through the installation of Galileo Technologies’ reliquefaction solution, Saint John LNG will be able to recover and store this resource to serve the market, especially during times of high demand.
QatarEnergy, Exxon seek to remove contractor from Texas gas project
Golden Pass LNG, a JV between QatarEnergy and ExxonMobil, is asking a court to immediately oust Zachry Industrial from the $10-B LNG project, a court filing showed.
Protecting LNG processes
The LNG process chain includes several complex and diverse processes, from extraction, liquefaction and transport to consumption. To ensure the safety of these processes, pressure relief devices such as safety valves and rupture discs are required throughout various aspects of the LNG process chain to prevent serious accidents caused by overpressure.
Global Projects Data
This article provides a summary of active gas processing and LNG projects around the world, including total project numbers, and market share by region and activity level.
Woodfibre LNG receives BCEAO order to move floatel to site to house non-local workforce
Woodfibre LNG received a compliance order from the BC Environmental Assessment Office, requiring Woodfibre LNG to deploy the floatel to site and to use the vessel for non-local workforce accommodation in accordance with the amended Environmental Assessment Certificate.
Shell signs agreement to acquire Pavilion Energy
Shell Eastern Trading Pte. Ltd. has reached an agreement to acquire 100% of the shares in Pavilion Energy Pte. Ltd. Pavilion Energy includes a global LNG trading business with a contracted supply volume comprising about 6.5 MMtpy.
Clean Energy expands Boron LNG facility in California (U.S.) by 50%
Clean Energy Fuels Corp. announced that construction of a third production train at its LNG plant in Boron, California, has been completed, increasing the plant’s volume capacity by 50%.
New Fortress Energy to deliver first LNG cargo from Altamira, Mexico plant in July
NFE today updated the timing of its first LNG expectation for its first Fast LNG unit located offshore Altamira, Mexico.
- Woodfibre LNG receives BCEAO order to move floatel to site to house non-local workforce
- QatarEnergy, Exxon seek to remove contractor from Texas gas project
- Veolia, Waga Energy and ENGIE collaborate to develop renewable natural gas industry in France
- Congo Brazzaville becomes an LNG exporting country
- Fulcrum LNG to pair with McDermott, Baker Hughes for Guyana gas project
- EU approves law to hit gas imports with methane emissions limit
- Veolia, Waga Energy and ENGIE collaborate to develop renewable natural gas industry in France
- Hawai'i Gas selects Eurus Energy America, Bana Pacific for hydrogen and renewable natural gas projects
- TotalEnergies increases LNG deliveries to Asia with two new contracts
- Desert Mountain Energy Corp. initiates helium production
