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ADNOC and Pertamina sign  agreement in oil and gas development

ADNOC and Pertamina sign agreement in oil and gas development

July 25, 2019 No Comments

The Abu Dhabi National Oil Company, ADNOC, signed a Comprehensive Strategic Framework, CSF, with Indonesia’s energy company, PT Pertamina, Persero, to explore opportunities for collaboration across the oil and gas value chain in the United Arab Emirates, Indonesia and globally. The signing of the agreement took place in the presence of His Highness Sheikh Mohamed […]

Total to develop the LNG market in Benin

Total to develop the LNG market in Benin

July 24, 2019 No Comments

Total, the Republic of Benin and the Société Béninoise d’Energie Electrique (SBEE) have signed the Gas Supply Agreement and the Host Government Agreement for the development of a Liquefied Natural Gas (LNG) import floating terminal and the supply of up to 0,5 million tonnes per annum (Mtpa) of regasified LNG from Total’s global portfolio to […]

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Record-Year For LNG Investments in Africa

Record-Year For LNG Investments in Africa

June 28, 2019 No Comments

Africa is taking the lead in the next phase of global LNG mega-projects. 2019 will shatter previous records for the industry. Rystad Energy forecasts that LNG greenfield investment in 2019 will reach nearly $103 billion, the biggest investment year for the burgeoning industry to date. Mozambique’s Area 1 and Area 4 projects, the latter of […]

Oil vs. gas: which should you choose?

Oil vs. gas: which should you choose?

June 18, 2019 No Comments

As the threat of climate change continues to gather pace, one of the burning questions of our time remains: ‘how can we create a greener, more sustainable future that still allows businesses to thrive?’ Central to solving this challenge is our energy usage, and the fuel we depend on in our daily lives and commercial […]

PGNiG to buy more LNG from Venture Global LNG

PGNiG to buy more LNG from Venture Global LNG

June 13, 2019 No Comments

During the visit of the President of the Republic of Poland Andrzej Duda in Washington, members of the management boards of Polskie Górnictwo Naftowe i Gazownictwo SA and Venture Global LNG signed an agreement that increases the purchase volume of liquefied natural gas by an additional 1.5 million tonnes of LNG per year. In accordance […]

NOVATEK signs MOU with Total, Siemens and Zarubezhneft

NOVATEK signs MOU with Total, Siemens and Zarubezhneft

June 10, 2019 No Comments

As part of today’s Saint-Petersburg International Economic Forum, PAO NOVATEK (“NOVATEK” and/or the “Company”), Total Gas & Power Business Services S.A.S, Siemens Aktiengesellschaft and JSC Zarubezhneft (Zarubezhneft) signed a Memorandum of Understanding (MOU) on cooperation in Vietnam. The MOU envisages developing of an integrated energy-generating project with the use of liquefied natural gas (LNG) within […]

LNG production starts up at Cameron LNG export terminal in Louisiana

LNG production starts up at Cameron LNG export terminal in Louisiana

May 14, 2019 No Comments

The Cameron LNG project has achieved first liquefied natural gas (LNG) production from train 1. The project will begin exports in the coming weeks. “The start-up of the LNG production marks an important milestone for the Cameron LNG project. This achievement is the result of work carried out by all of the teams and project […]

Cryogas-Vysotsk Start Full-scale LNG Production

Cryogas-Vysotsk Start Full-scale LNG Production

April 26, 2019 No Comments

PAO NOVATEK announced that its joint venture with Gazprombank Cryogas-Vysotsk has commenced full-scale production of liquefied natural gas (LNG). During the official ceremony at the port of Vysotsk, Russian President Vladimir Putin has formally started the Cryogas-Vysotsk LNG project. “Cryogas-Vysotsk is our first medium-scale LNG project.” noted NOVATEK’s Chairman of Management Board Leonid Mikhelson, “Our […]

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ExxonMobil signs 20-year LNG agreement with Zhejiang Energy

ExxonMobil signs 20-year LNG agreement with Zhejiang Energy

April 23, 2019 No Comments

ExxonMobil said that it signed a sales and purchase agreement with Zhejiang Provincial Energy Group for liquefied natural gas (LNG) supply. Under the agreement, Zhejiang Energy is expected to receive 1 million metric tons per annum of LNG over 20 years. Zhejiang Energy to receive 1 million metric tons of LNG per annum over 20 […]

Golar LNG Limited business update

Golar LNG Limited business update

April 17, 2019 No Comments

Golar LNG Limited (“Golar” or “the Company”) announced that, further to the announcement made on February 26 with regards to the BP Tortue project, Gimi MS Corporation (“Gimi MS”), a 70% owned subsidiary of Golar, has received a firm $700 million underwritten financing commitment for the FLNG Gimi. FLNG Gimi will service the 20-year Tortue […]

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